Oct 12 2010
China Ritar Power Corporation (Nasdaq: CRTP), a leading supplier of innovative nano gel battery products and solutions, today announced that the company was awarded a new contract to supply VRLA batteries to American Power Conversion Corporation (APC), a global leader in the UPS (Uninterruptible Power Supply) markets.
As per supply agreement, China Ritar Power will supply VRLA batteries to be used in APC's UPS products. The management expects to receive more orders from APC in the future as the strategic relationship between the 2 companies develops.
"We are very pleased to become a supplier to APC, a world leader in UPS sector," commented Mr. Hu Jiada, CEO of CRTP. "As the infrastructure investment grows globally, the demand for high-quality, reliable and cost-competitive power supplies will increase substantially. The strategic relationship with APC is a demonstration of China Ritar Power's product, reliability and our manufacturing capability. We look forward to building a long-term, mutually beneficial relationship with all of our clients."