Anguil is announcing that we have signed an exclusive product licensing agreement with American Micro Detection Systems, Inc. (AMDS) of Stockton, California. Under the terms of the agreement AMDS will allow Anguil to exclusively present the REX product line to their Fortune 50 customers in the electronics space. The AMDS CEO Robert Keville stated that, “This agreement opens a new verticle market for AMDS products with substantial sales potential.” He further stated that, “The total market value to AMDS through this agreement will, over the term of the license and in aggregate, total tens of millions of dollars in revenue to AMDS. We are very excited about working with Anguil and having them as a sales channel partner.”
Christopher Anguil, President of Anguil stated that “As a provider of single-source, fully-integrated air and water treatment systems, we are always looking for ways to increase the value for our global customer base. By leveraging and integrating the REX capabilities into our client processes, we will be able to help our customers mitigate exposure to operational risk and costs. The analytical capabilities that REX adds, but moreover the speed with which REX delivers those results, will help some of our clients improve their process monitoring to minimize downtime and potentially reduce production losses.”
American Micro Detection Systems, Inc. (AMDS) is a privately held technology company located in Stockton, CA with research and development facilities in Livermore, CA. AMDS develops and markets world class analysis instruments specifically geared towards the water sector. AMDS manufactures innovative state-of-the-art, real time fluids analysis instruments that allow for autonomous monitoring of fluid flow streams at the source of interest. AMDS products serve any industry that utilizes water in their process from pulp and paper to agriculture to electronics to mining and oil.