VAN NUYS, Calif.--(BUSINESS WIRE)--Electro Rent Corporation (NASDAQ:ELRC) today announced that it has been named the exclusive reseller for certain models of Communication Components Inc.’s (CCI) passive intermodulation measurement (PIM) products throughout the U.S. and Canada. Electro Rent will exclusively distribute CCI’s lab-based PiMPro RM (Rack Mount) products through its existing Agilent Technology Partner sales channel. Additionally, Electro Rent said it will sell CCI’s complete line of PIM products, as well as offer customers rental and other flexible financing options.
“We are excited to partner with CCI to bring their unique PIM test equipment to a broader range of wireless network customers,” said Daniel Greenberg, Chairman and CEO of Electro Rent. “The technical sales organization we’ve built through our Agilent Technology Partner channel is well suited to the needs of CCI’s customers, who will gain access to a broad range of alternatives through which to acquire the equipment they need, when they need it.”
“We selected Electro Rent as our preferred sales channel based on their successful track record representing companies such as Agilent Technologies and their commitment to providing the highest levels of customer service,” said Dennis Nathan, President of Communication Components, Inc. “Electro Rent has the expertise and technical know-how necessary to sell and support our products, while providing customers with flexible and varied equipment acquisition options to best meet their equipment requirements.”
CCI is one of the fastest growing providers of base station enhancement products. CCI’s family of PiMPro analyzers are widely used by wireless developers, wireless manufacturers and companies performing field service, installation and maintenance for wireless networks.
About Electro Rent
Electro Rent Corporation (www.ElectroRent.com) is one of the largest global organizations devoted to the rental, leasing and sales of general purpose electronic test equipment, personal computers and servers.
About CCI
Communication Components Inc. (www.cciproducts.com) is one of the fastest growing providers of base station enhancement products. The company’s innovative products are designed to allow service providers to get the most out of their base station investments. Whether capacity expansion or coverage enhancement is the objective, CCI has the appropriate solution to meet the need.
“Safe Harbor” Statement:
Except for the historical statements and discussions in this press release, the company’s statements above constitute forward-looking statements within the meaning of section 21E of the Securities Exchange Act of 1934. These forward-looking statements, which include, but are not limited to, Electro Rent’s ability to provide customers with a broad range of equipment acquisition alternatives, reflect Electro Rent’s management’s current views with respect to future events and financial performance; however, you should not put undue reliance on these statements. When used, the words “future,” “expect,” “will,” “continue,” and other similar expressions identify forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties. The company believes its management’s assumptions are reasonable; nonetheless, it is likely that at least some of these assumptions will not come true. Accordingly, Electro Rent’s actual results will probably differ from the outcomes contained in any forward-looking statement, and those differences could be material. Factors that could cause or contribute to these differences include, among others, those risks and uncertainties discussed in the company’s periodic reports on Form 10-K and 10-Q and in its other filings with the Securities and Exchange Commission. Should one or more of the risks discussed, or any other risks, materialize, or should one or more of our underlying assumptions prove incorrect, our actual results may vary materially from those anticipated, estimated, expected or projected. In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct. Electro Rent undertakes no obligation to update or revise any forward-looking statements.