USA: Innovative Designs Inc. has entered into an agreement with Edgetech Solar Energenx Co. to begin representing its products in China, Hong Kong, Macau and Taiwan.
Edgetech Solar Energenx has been involved in environmental technologies since 1994. Through direct relationships with manufacturers in China and Taiwan, they provide factory direct pricing on photovoltaic modules, solar hot water systems, LED lighting and advanced Alternative Energy systems for environmentally responsible solutions.
The agreement states that Edgetech must place aggregate business of at least $4,000,000.00 per annum with yearly increases of 10 percent.
Innovative Designs CEO, Joseph Riccelli, stated: "There has been a lot of interest in our products from the Asian market and we are looking forward to our new business relationship with Edgetech. They (Edgetech) currently do business with private enterprises and government agencies. Our products have already been presented to various private enterprises and government agencies which have resulted in a definite interest going forward."