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Servocell Wins Contract with Major European Lock Distributor

Servocell is pleased to announce that it has won an initial order for its Cabinet Latch CL2 product with Hafele (www.hafele.com), a major European distributor of locks and handles for retail, domestic and industrial applications.

The CL2 will feature in Hafele's 2007 catalogue and if well received by the market, it is anticipated that the inclusion of the CL in the catalogue will lead to significant sales as Hafele has a client base that spans more than 150 countries. Sample clients include interior fitters, hardware dealers, architects, planners and authorities with Hafele generating £79m of revenues in 2006.

This is a significant announcement for Servocell as it endorses the Company's 'Ready To Go' strategy and is testimony to the quality of the CL solution as Hafele invested significant time in order to source a low powered electronic latch solution suitable for both retrofitting and incorporating into new designs.

David Edwards, Access Control Product Manager of Hafele UK said:

"There is a clear demand for an electronic locking device that can be applied to small cabinets in an effective and economical way. The CL is the first product able to deliver a discrete, low power solution to this and we are pleased to be offering it to our global network of clients."

Posted on 30 April 2007
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