Spheric and Victec establish joint marketing agreement to promote microwave sintering
October 6, 2010
Spheric Technologies, Inc., based in Phoenix, USA, recently agreed an international cooperative marketing strategy with Victec Europe Ltd. Both companies develop microwave technology, equipment and applications, and each has exclusive territorial rights for the sale of microwave furnaces built by SynoTherm Corporation Ltd.
Spheric markets the furnaces in North America, Central America and South America, while Victec markets throughout Europe. Spheric Technologies and Victec agreed to share microwave technology, applications and customer information from within their territories “for the benefit of mutual growth and development of the overall microwave industry”.
“Ultimately, we may establish a joint venture or other entity with shared ownership by Spheric and Victec.” explained Spheric Technologies Chairman Joseph Hines, “Our companies are determined to fully exploit the largely virgin industrial markets for high-temperature, computerized microwave furnaces across all of Europe and the Western Hemisphere.”
“As news spreads of the ability of our systems to cut processing time by up to 90% and energy use by 80%, while producing stronger, finer-grained parts with less deformation or cracking, our companies are receiving more inquiries from around the world. With our new marketing agreement in place, we are better able to capitalize on all such business opportunities” Hines added.
Spheric Technologies recently announced it has developed a time and cost saving production process for a key cathode material utilised in lithium ion batteries – lithium ferro phosphate (LFP). The company filed patent applications covering microwave techniques, material and technology for the synthesis of lithium ion battery materials.
www.micro-wave.eu (Vitec Europe)