Harvey Norman Commercial Division sign on
as exclusive distributor for the East Coast
Highlights
- Quantify Technology has entered into a three-year agreement with Harvey
Norman Commercial Division (“HNCD”), to become the Company’s exclusive
distributor on the Australian east coast. - HNCD will place an initial $500K stocking order for the first six months of the
agreement. - HNCD is the single largest Harvey Norman franchise and provides an extensive
selection of brand-name products to builders, developers, architects and
designers.
Quantify Technology Holdings Limited (ASX:QFY) (“Quantify Technology”, the
“Company”) is pleased to announce it has entered into an agreement (the “Agreement”) with
Harvey Norman Commercial Division (“HNCD”), which will see the franchise become the
Company’s exclusive distributor for the Australian eastern states, including New South Wales,
Victoria, Queensland, The Australian Capital Territory and Tasmania.
Under the Agreement, HNCD has committed to a $500K stocking order for the next six months,
which brings Quantify Technology’s outstanding purchase orders to a total of $1.2m.
The Agreement follows ASX release dated the 18 July 2018, whereby Quantify Technology
announced it had completed an onsite installation at the HNCD display suite in Rosebery,
Sydney and that the HNCD sales team would actively commence selling the Company’s
products to residential and commercial construction projects.
which brings Quantify Technology’s outstanding purchase orders to a total of $1.2m.
The Agreement follows ASX release dated the 18 July 2018, whereby Quantify Technology
announced it had completed an onsite installation at the HNCD display suite in Rosebery,
Sydney and that the HNCD sales team would actively commence selling the Company’s
products to residential and commercial construction projects.
Quantify Technology CEO Brett Savill
/Public Release.
