Enhancing the Customer Experience and Improving the Bottom Line
SANTA ANA, CA, March 11th, 2021– PARPRO (4916:TW), a full-service Embedded Design Solutions and Manufacturing Services company announced today, it has been awarded a significant contract from a leading global self-service payment technology company specializing in creating a seamless digital shopping/purchasing experience. The award is valued at over $7M and will provide self-service kiosks for the fast food industry. The contract includes sheet metal fabrication, finishing, cables and full systems integration, along with assistance in the design and packaging of the system.
This is an important strategic customer in the infotainment industry for PARPRO. A key contributing factor in this award include PARPRO’s proven track record of producing the highest-quality, complicated gaming cabinets and self-service kiosks on the market today. The infotainment industry is a significant portion of PARPRO business where our gaming expertise has really elevated us to a top supplier in this space – providing a full range of our vertical integration capabilities from cabinet fabrication and finishing, machining, to printed circuit board assembly, wire and cable harnesses, and complete system level integration for customer-tracking systems, slot machines and kiosks.
“A new era of retail purchasing is upon us, and kiosks are evolving that improve store efficiency, enhance customers’ shopping experience and drive-down costs. There is no question self-service solutions will play a big role in our ‘new normal’ over the next 10 years.” Thomas Sparrvik, PARPRO CEO. “This new contract award is an important win for our Mexico location, and reflects our strong relationships with repeat clients, highlights our revenue diversification strategy and emphasizes our expertise in delivering high-performance solutions whether the application is quick-service restaurants, medical devices or mission critical systems.”
Production will begin immediately and will take place at PARPRO’s maquiladora facility, located just over the border in Tijuana, Mexico. The initial order will be delivered in September 2021, however PARPRO anticipates this is only the beginning of a long-term relationship with this customer.
About PARPRO
PARPRO is a full service design & manufacturing company with an emphasis on EMS and 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/infotainment, 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) 295-5567 – juyemura@parpro.com.