- Smart home producers Quantify has secured an exclusive stocking distribution agreement in Western Australia
- The new stockist is spending $250,000 on the first buy and is locked in for a four-year agreement
- Quantify’s products will be marketed to over 30 home automation companies in the state through the stockist
- Quantify’s share price is remaining flat today, currently trading for half a cent each
Quantify, a company specialising in smart home products has partnered with an exclusive stockist in Western Australia.
The stockist – Fokused, has made an initial purchase worth $250,000 and is locked for a four-year purchasing agreement.
Fokused will market the company’s products to over 30 home automation companies throughout the state. This will be done through local sales reps, electrical contractors, end-users, developers, architects and builders.
Quantify informed the market that Fokused was established specifically with the intent of being an exclusive stockist of the company’s products in W.A.
Owner of a Perth-based home automation company Mark Peterson started up the business after being “excited by the significant potential of Quantify’s products.
This “represents a further step in the company’s strategy to maximise the sales opportunities in Australia,” Quantify wrote in its release to the Australian Securities Exchange.
Mark comes with 20 years of experience in sales in the home and commercial automation sector through his business, Limitless Automation.
Company CEO Brett Savill said: “Mark’s extensive smart home and sales experience means he is ideally placed to deliver significant sales in the WA market.”
At midday trade, Quantify’s share price is remaining flat, currently sitting at 0.5 cents each.