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MIC bags orders worth Rs. 4.89 cr

09-30-2010 08:58 AM CET | Media & Telecommunications

Press release from: Concept Public Relations India Private Limited

/ PR Agency: conceptpr
Hyderabad, September 28, 2010:
MIC Electronics Limited, global leader in design, development & manufacturing of LED Video displays & high end Electronic & Telecommunication equipment announced that it has bagged an order from PARRAMATTA EELS NRL CLUB, Sydney, Australia for the second time.
The company announced earlier this year of a 3 year long contract to supply video screen through their solid alliance with Sequity Pvt Ltd. Pleased with the high standard of work process matching the delivery lines PARAMATTA has decided to repeat the order.
The company has also bagged orders to supply LED Video True color Display Screens to various prestigious, Universities of USA such as Oakland University, University of Saint Thomas and University of Kentucky and ‘ICA Forwarding for AC Sports’ worth 0.88 Crore (US $ 198,000)

In addition to that the MIC also claims about domestic orders worth Rs. 1.09 cr from Corporate Houses for Supply of Indoor energy efficient energy LED lights.

Commenting on the achievement, Dr. M V Ramana Rao, Chairman & Managing Director said, “We are extremely happy that this fiscal year has proved to be extremely profitable for us. We have orders streaming in from various parts of the world. All this has been possible due to our streamlined work procedures & this is reflected in our robust order book position”

ABOUT MIC ELECTRONICS LTD:
MIC Electronics Limited is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
Today, MIC's flagship products are LED Video Displays (indoor / outdoor / mobile), that have become an integral part of Sports Stadiums, Transportation Hubs, Digital Theatres and Theme Parks, Advertisements and Public Information Displays.
Headquartered at one of the fastest emerging IT cities, Hyderabad (India), it has nationwide presence in the form of a vast network of marketing, sales and service support centers in all metros of India. To meet the demand of its products worldwide, it has offices in Australia, Korea and USA. Now the company is gradually setting up operations in other international markets.

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