Under this agreement, CYY Energy will provide sales and servicing resources to LifeGuard Technologies to support its ever-growing demand.
The two companies will also work closely on sales strategy within China and relates technical services to provide their customers with the industry’s safest hoses.
“It is a great pleasure to have CYY Energy and Lincoln Chu as our strategic partner in China and we welcome them as part of our global family,” said Andy Abrams, Executive Vice-President of LifeGuard Technologies.
“We look forward to serving our Tier One customers within the Chinese market and helping to drive LifeGuard Safety Hose adoption in China to a new level together with CYY Energy.”
The strategic partnership is designed to echo the LifeGuard global geo-expansion strategy aimed at strengthening the company’s presence across the globe- and particularly in the growing Asia and Asiana marketplaces.
This agreement aims is to enable LifeGuard Technologies to provide its patented and pending technology, services and solutions to an expanding customer base and worldwide partners.
“We are delighted to be a strategic partner of LifeGuard Technologies,” added Lincoln Chu, Managing Director of CYY Energy. “We are proud to be working alongside LifeGuard Technologies, and together with our mutual customers, look forward to paving the path for future LifeGuard safety hose development in China.”
“Our recognition as preferred vendor by many Tier One compressed gas companies within China and Asia shows the extensive mutual trust and respect we have established.”
“Safety solutions are taking off in China and our complete compressed gas product line and our manufacturing/warehousing capabilities support this growth by bringing both together with synergies that fuel development and opportunities.”