Replicon enters into a two-year business development partnership
15-12-2003
Replicon Corporate Finance Ltd has entered into a long-term partnership to accelerate the business development and global distribution of innovative diagnostic concepts.
Replicon Corporate Finance Ltd announced today a two-year strategic relationship with Finnish diagnostic company to accelerate the business development and international expansion of the company's innovative diagnostic concepts. The outsourcing agreement will automatically continue for two additional years, if certain conditions are met.
The outsourcing agreement for financial and legal expertise, as well as part of the business development includes the build out of a global distribution network combined with certain business intelligence services as well as cooperation in developing concepts for next generation products. The agreement will focus specifically on the growing demand for new and innovative diagnostic solutions and the management of international expansion through distributors. Through its relationship with Replicon, the company plans to provide it's product on a global basis. Replicon's financial and legal services will help the company's operations to increase value of their intellectual property by optimizing contractual relationships between distributors and other business partners.
`With this agreement, the company is taking a leadership position in delivering new and advanced diagnostic solutions that allows clients in their pursuit of cost savings and increased productivity� said Petteri Hirvonen, CEO, Replicon Group. `By expanding the relationship with Replicon, the company is better positioned to utilize distribution channels to deliver new solutions to the market quickly and with minimized legal and financial risks.�
`Replicon's goal is to provide the company with complete financial and legal cababilities, saving them time and resources to focus on their core business and operations� said Jari Lauriala, Partner at Replicon Corporate Finance. `Our focused services on expansion management and certain core operations, helps the company become more competitive.�
For further information, please contact:
Replicon Corporate Finance Oy
Petteri Hirvonen, CEO
+358 (09)677 464
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Replicon Group provides strategic, financial, and legal solutions that facilitate business activities, efficiency, and increase profitability of corporations and other organizations. Our core competence is in the corporate solutions that facilitate and govern growth of businesses based on innovation. An important part of our activities is continuous learning. We want to find and develop most suitable solutions to our customer needs. Replicon Group's special focus areas are Life-Science and ICT -sectors The main shareholders in Replicon Corporate Finance Oy are its key management, holding majority of the company's shares. Replicon's homepage is www.replicon.fi