Exclusive Asian Distribution Agreement-CTA DIGITAL

RNS Number : 0982M

EXPANSYS plc

11 August 2011

 



Embargoed: 0700hrs 11 August 2011

EXPANSYS plc

("EXPANSYS" or the "Group") 

Exclusive Asian Distribution Agreement with CTA DIGITAL

EXPANSYS plc, a leading global online retailer of wireless technology and provider of mobile network solutions, has become the exclusive distributor for CTA DIGITAL INC. ("CTA") throughout Greater China (China, Taiwan, Hong Kong) and for online channels in Japan and Korea.

CTA is a world leading video game accessories business, based in the USA, developing accessories for every gaming console and platform, designed to enhance the way that consumers experience technology. Gaming accessories is a high growth international market worth nearly $800 million in the month of December 2010 alone.

EXPANSYS Asian websites will retail CTA's enormously popular gaming accessories (exclusively in Greater China). CTA's recent products include the Assault Rifle and Submachine Gun for PlayStation Move, Starter Kits for 3DS and Xbox 360 Kinect, Inflatable Racing Kart and Bowling Ball for Nintendo Wii.

Anthony Catterson, Chief Executive of EXPANSYS, commented:

"This is a significant opportunity for EXPANSYS' Asian business. There are tens of millions of gaming consoles and devices in homes throughout Greater China, Japan and Korea, which are growing rapidly as developing affluence and extension of broadband solutions, both fixed and mobile, support online gaming and deeper customer experiences. CTA develops innovative and market leading products for this sector. To be selected as CTA's exclusive distributor is a huge recognition of EXPANSYS' retail and distribution capability in the Asian market."

Steve Stern, VP of Sales at CTA DIGITAL, commented:

"As a leader in the fast growing Gaming Peripherals market, CTA needed a partner with logistical expertise, a solid track record, and an extensive reach to both consumers and B2B sales channels throughout Asia. We believe EXPANSYS has a unique proposition that meets that need, and we look forward to offering our exciting product line throughout the region with them."

For further information, please contact:

EXPANSYS plc Anthony Catterson, CEO Chris Ogle, CFO	Tel: [phone] [e-mail]
Cenkos Securities Stephen Keys or Camilla Hume	Tel: [phone] [e-mail] / [e-mail]
M:Communications Nick Miles or Ben Simons	Tel  [phone] [e-mail] / [e-mail]
Investor relations website	www.EXPANSYS.plc.uk

About EXPANSYS

EXPANSYS (AIM: XPS) is global online consumer electronics retailer, operating directly in 50 countries with a vast range of products, and a focused approach to service and value for its customers. In 2010 the Group acquired Data Select Network Solutions, the market leading B2B SIM card distributor selling products on behalf of all the UK's major network operators and MVNOs. The Group also includes PJ Media, an eCommerce and web publishing business with expertise in the telecommunications sector, and a number of large international blue chip clients. Expansys offers its partners unique access to over 100 consumer markets globally

About CTA Digital

CTA Digital (http://www.ctadigital.com) has been building efficient and trusted electronic accessories since 1992. Their core business revolves around gaming peripherals for all consoles and handheld devices.  Having the widest range of game accessories, they are determined to improve the way people experience technology. Each new accessory built by CTA Digital is designed after months of careful deliberation and user testing to ensure that the final products are safe and practical.

CTA Digital also focuses a lot on social connections with its end-users using online mediums. They can easily be reached via:

Facebook (http://facebook.com/CTAdigital)

YouTube (http://youtube.com/CTAdigital)

Twitter (http://twitter.com/CTAdigital)

 

END

 

 

NRADKKDNKBKDPFD