Tier1 Gaming OEM’s Award PARPRO Major Gaming Contracts
CARLSBAD, CA, June 6th, 2016 — PARPRO (4916:TW), a full service Embedded Design Solutions and Manufacturing Services company, has been awarded two major gaming contracts, each representing comprehensive, multi-year engagements with top Tier1 Gaming OEM’s. Both contracts will be in support of next generation slot machines and will involve varying degrees of EMS (printed circuit board assembly), contract manufacturing and integration work with an estimated combined annual value of $11M. In addition, one contract is sole source and will support geographical markets here in the US and Australia.
“The Gaming industry has always been a key market for PARPRO, and the award of two major contracts further validates PARPRO’s Strategy and strong position as a leading vertical ODM Company,” said Thomas Sparrvik, PARPRO CEO. “We pride ourselves on our solution offerings and flexible sourcing strategy, and this is a testament to our consistent service, quality and previous successes.”
As part of PARPRO’s flexible sourcing strategy, these contracts will be fulfilled in multiple PARPRO locations with production to take place at PARPRO’s Nevada, Mexico and Taiwan facilities, with delivery expected to begin in June 2016.
About PARPRO
PARPRO is a full service design & manufacturing company with an emphasis on ODM solutions. We offer a comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace, gaming, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain.
PARPRO is a public company traded on the Taiwan stock exchange – PARPRO (4916:TW). For more information on investor relations reporting and regulatory information – please click here. For more information, press only: Justine Uyemura (760) 931-7800 – juyemura@parpro.com