ASBIS EXPANDS ITS PRODUCT PORTFOLIO FOR BUSINESS USERS WITH FANVIL

ASBIS Group (WSE: ASB) - a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), signed a distribution agreement with Fanvil Technology - a leading global supplier of Audio & Video IoT (A&V-IoT) devices. ASBIS's offer includes VoIP phones, video phones, intercoms, headphones and VoIP gateways from Fanvil. The distribution will cover the United Arab Emirates, where both the hotel and office industries are currently developing very dynamically.

Serhei Kostevitch, CEO of ASBIS Group, commented: “Our portfolio is still expanding. We are signing not only global agreements, but also strengthening our portfolio in local markets, seeing the potential for sales growth in specific segments. The United Arab Emirates, and especially Dubai, are developing very dynamically. New office buildings and hotels are being built, which will serve the growing number of not only tourists, but above all also business travelers. That is why I believe that Fanvil products will perfectly fit this demand. On the other hand, Fanvil will benefit from our very wide distribution in the region.”

Fanvil Technology is a pioneer in applying standardized network communication technology and Audio & Video technology to create A&V-IoT. The company focuses on producing high-end commercial solutions for the office and hotel segments, accelerating digital transformation in many industries.