GlobalTop Technology Inc., one of the world leading industrial grade M2M module providers and Eltech Ltd., the leading distributor of electronics components in Russia, today announced a new pan-regional distribution agreement for Russia and CIS.

Eltech is one of the most recognized international brands when it comes to electronic components distribution in Russia. Based out of Saint Petersburg, Eltech was founded in 1992, and today has four strategically located offices throughout the country, hosting more than 180 employees. They have constituted a unique distribution business model, where the emphasis is on supporting small to mid-level companies, the largest segment by far, by providing them with quality products, value added services, and advanced technical support. Eltech has a proven track record of delivering excellent customer services and the right product brands to their customers.

"We are pleased to extend our current M2M portfolio with GlobalTop products. They have a unique offering of GNSS, BLE and Wi-Fi products, suited to the Russian market. When it comes to GNSS, GlobalTop stands out among the multitude of other positioning module vendors, due to their comprehensive product portfolio, extensive customization support, and exceptional product quality”, said Alexandr Bespalov, head of business development group ‘wireless technologies’, while commenting on partnership.

“Eltech is an exceptionally well organized and appropriately staffed distributor, with access to vast array of industrial customers in Russia", said Sam Khan, Sales and Marketing Director of GlobalTop. “They have been in the electronic components distribution business in Russia for over 22 years, and already have a well-established sales network throughout the country. Their unique business model, is very different from many of distributors in the Russian market today, and is well suited to help the future, of the growing IOT industry in Russia. We are certain that this deal will turn in to a productive and a long-term business partnership.”

About Eltech Ltd.

Eltech, a Russian company, was founded in 1992 with its Headquarter in Saint Petersburg, Russia. Its mission is to offer the right technology and distribute the right electronic components to their customer, while maintaining the highest quality standards. With strategic product distribution, Eltech has point of contact sales offices in Moscow, Ekaterinburg, Novosibirsk, and Rostov-on-Don reaching all the leading industrial customers both in Russia and C.I.S. With their highly trained engineers and sales, Eltech is active both in advertising, hosting seminars out wide across Russia to various industrial partners to keep their customer informed with the latest technology, training, services and collaborate further to meet their needs. For more information, visit http://www.eltech.spb.ru/

About GlobalTop

GlobalTop Technology is one of the leading suppliers of embedded positioning and wireless modules worldwide. With expert knowledge of wireless technologies, and a comprehensive module portfolio, GlobalTop serves numerous M2M industrial market segments with highly innovative and customized solutions.

Founded in 2006, GlobalTop is an award winning and strategic MTK partner. Based in the prestigious Tainan Science Park, their 4500 square meter manufacturing facility offers top notch production with tight quality control, and access to the best supply chain in Taiwan.

GlobalTop also offers best-in-class OEM, ODM and JDM services for many international M2M clients. For more information, visit http://www.gtop-tech.com/