WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that its TrojanLabel ApS business unit and Nilpeter A/S have established an international distribution agreement for the Trojan2 mini digital label press. Under the agreement, the Trojan2 will be marketed and distributed through Nilpeter’s subsidiaries in the United States, Brazil, the Asia-Pacific, the United Kingdom and Ireland.
“Our strategy is to offer a wide range of digital solutions with our PANORAMA product line, and the Trojan2 fits perfectly into this equation,” said Jakob Landberg, Sales & Marketing Director at Nilpeter A/S. “The Trojan2 offers converters an affordable mini digital label press that has the characteristics of the larger, more expensive systems. We are proud to partner with TrojanLabel, which has grown rapidly to become one of the leading manufacturers in the digital color label printer market.”
Mikkel Wichmann, Managing Director of TrojanLabel, said, “This is a significant partnership that will accelerate our leadership position in the digital label press market. By forging this strategic alliance with Nilpeter, we gain a global distribution partner that will further strengthen our customer relationships and enhance our distribution channels.”
AstroNova
AstroNova, Inc. (NASDAQ: ALOT), a global leader in
data visualization technologies, designs, manufactures, distributes and
services a broad range of products that acquire, store, analyze and
present data in multiple formats. The Product Identification segment
offers a variety of hardware and software products and associated
supplies that allow customers to mark, track and enhance the appearance
of their products. The segment’s two business units are QuickLabel®, the
industry leader in tabletop digital color label printing and
TrojanLabel™, a leader in the light-production color label press and
specialty printer markets. The Test and Measurement segment includes the
Test & Measurement business unit, which offers a suite of products and
services that acquire, record and analyze electronic signal data from
local and networked sensors. The segment also includes the Aerospace
business unit, which makes printers, networking hardware and related
accessories. These products are used in the aircraft flight deck to
print flight plans, navigation information and performance data and in
the aircraft cabin to print maintenance data, receipts and passenger
manifests. AstroNova is a member of the Russell Microcap® Index and the
LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is
available by visiting www.astronovainc.com.
Forward-Looking Statements
Information included in this news
release may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not statements of historical fact, but rather reflect our
current expectations concerning future events and results. These
statements may include the use of the words “believes,” “expects,”
“intends,” “plans,” “anticipates,” “likely,” “continues,” “may,” “will”
and similar expressions to identify forward-looking statements. Such
forward-looking statements, including those relating to the distribution
agreement between TrojanLabel ApS and Nilpeter A/S, involve risks,
uncertainties and other factors, some of which are beyond our control,
which may cause our actual results, performance or achievements to be
materially different from those expressed or implied by such
forward-looking statements. These risks, uncertainties, and factors
include, but are not limited to, those factors set forth in the
Company’s Annual Report on Form 10-K for the fiscal year ended January
31, 2017 and subsequent filings AstroNova makes with the Securities and
Exchange Commission. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. The reader is cautioned not
to unduly rely on such forward-looking statements when evaluating the
information presented in this news release.
