OCTOBER 01, 2005

OWASYS and Adaptive Modules Ltd. have reached a partnership agreement where Adaptive Modules has been appointed by OWASYS as Representative Agent for OEMs and Special Projects in the UK and Ireland.

After 3 successful years of activity in the UK and Ireland, working currently with a significant number of System Integrators and Service Providers in this market and with over 90 System Integrators in Europe, OWASYS considers this is the right time to move forward in this market and consolidate its presence in the UK and Ireland. Our new agent Adaptive Modules is a focused Wireless Technologies distributor, formed by a highly skilled group of professionals specialized in creating solutions for OEMs and Special Projects within the Automotive, Vending, Utilities and Telemetry markets.

Under this agreement, Adaptive Modules will be also helping local customers with issues such as logistics, kitting services, stocking, ad hoc developments, new products specifications, first level customers support and Marketing activities.