Thursday, August 18, 2011

Document Capture Technologies, Inc. (DCMT) Announces Microtek as Exclusive Asian Distributor

Yeaterday, Document Capture Technologies, Inc. announced that they have named Microtek International as the exclusive Asian distributor of DCT products. Microtek, a market leader in Asia, has over 1,500 retail locations and 90 service centers in China.

DCT is a developer and manufacturer of USB document capture platforms, with 30 products across multiple categories. Microtek, with a presence throughout China, holds more than 40% of the market share for scanning technology in that country. The company develops and manufactures image capture technology for retail, medical, biotech and industrial sectors.

This partnership is a bilateral one, as a June 9 announcement from DCT appointed the company as the exclusive North American agent for Microtek products. The deal will see both companies sharing their technologies and R&D, in hopes of creating products tailored to the regions they will be released in.

“This partnership is undoubtedly one of the most important in DCT’s history,” said David P. Clark, Chief Executive Officer of Document Capture. “Microtek is the industry leader in Asia both in sales and technology. With this bilateral arrangement, DCT gains an unparalleled foothold in the fastest growing economy in the world. We at DCT look forward to this partnership both for the Company and our shareholders.”

“This exclusive bilateral arrangement with a company of DCT’s quality is well structured to benefit both parties,” said Benny Hsu, Chairman of Microtek. “We look forward to adding DCT’s impressive product lineup to our own and deploying them throughout our significant sales channels in Taiwan and China that we have strategically developed over the last 30 years.”

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