MERLION Home Systems and Japan CBM Co. Signed Cooperation Agreement

28 february 2007

MERLION Home Systems and Japan CBM Co announced a distribution agreement.

MERLION Home Systems MERLION Home Systems, distributor for watches and other consumer electronics, announced that it has signed a distribution agreement with Japan CBM Co, a fully-owned subsidiary of CITIZEN Watch Co. The company expanded its portfolio with watches and clocks from the famous Japanese brand Q&Q.

With the distribution agreement MHS is awarded Official Distributor Status for Q&Q clocks and watches in Russia. The partners gain access to a wide range of products from the famous watchmaker.

“We believe that our cooperation with  MERLION Home Systems will open up new opportunities for us to operate on the Russian market. It will not only increase Q&Q sales volume, but will strengthen the brand and enhance the loyalty of our potential partners in Russia. Q&Q brand watches sell in more than 150 countries all over the world and have won customer loyalty due to their reasonable price and stable high quality. We, JAPAN CBM Co., are sure of a successful Q&Q promotion on the Russian market due to our new partner MERLION Home Systems,” said Mr Akihiko Suzuki, President of  JAPAN CBM Co.

Mr Alexander Savelyev Mr Alexander Savelyev, Director of MERLION Home Systems, said of the prospects for the mutually beneficial cooperation: “JAPAN CBM Co is a strong competitor on the global market. Q&Q is one of the most popular and famous watch brands in the world. Q&Q watches offer a trendy design, high quality and reasonable price. We are pleased to begin this cooperation and have no doubts it is going to be mutually beneficial. It will build on the position of MERLION Home Systems and allow JAPAN CBM Co broader access to the Russian market.”

Q&Q watches and clocks are already available for MERLION Home Systems’s partners.

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