News Release + MTS APPOINTS NEW DISTRIBUTORS IN THAILAND, CENTRAL AMERICA AND EASTERN EUROPE
|FOR IMMEDIATE RELEASE
August 26, 2019
|For more information contact:
Executive Vice President and Chief Financial Officer
|MTS APPOINTS NEW DISTRIBUTORS IN THAILAND, CENTRAL AMERICA AND EASTERN EUROPE
Eden Prairie, Minn. – August 26, 2019 – MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems, motion simulators and sensors, today announced that SIMTON CO., Ltd., COPRE LTDA, and JD DVORAK s.r.o. will support MTS Test & Simulation businesses in Thailand, Central America and Eastern Europe, respectively.
SIMTON CO., Ltd. provides testing solutions to contract test labs, universities, and commercial businesses in the automotive, polymer & petrol chemicals, infrastructure and metals sectors, and possesses the industry expertise and customer relationships required to promote MTS products and services.
COPRE LTDA will support MTS products and services in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. This distributor of inspection and measurement equipment has experience in the medical device, electronics, aerospace and automotive components, and advanced manufacturing industries in Central America.
JD DVORAK s.r.o. serves the Czech Republic and Slovak Republic, and will drive demand for MTS solutions in automotive, rail, aerospace and materials sectors. They have more than 25 years’ experience working with equipment for materials studies and environmental simulation.
“Continued investment in new commercial distributors expands MTS’ global presence and offers stronger local support to customers, fueling near-term growth,” says Dr. Jeffrey Graves, MTS President and CEO. “MTS is well-established in the Asia-Pacific region with local offices in China, South Korea, Japan and India, and robust distributor support in Australia, New Zealand, Taiwan, Indonesia, Vietnam, Malaysia, Singapore and Thailand. SIMTON will provide faster response to MTS’ growing customer base in Thailand and accelerate growth in the surrounding region. Similarly, adding MTS’ first commercial distributor in Central America and strengthening presence in Eastern Europe will take advantage of the untapped growth opportunities in these regions.”
About MTS Systems Corporation
MTS Systems Corporation’s testing and simulation hardware, software and service solutions help customers accelerate and improve their design, development and manufacturing processes and are used for determining the mechanical behavior of materials, products and structures. MTS’ high-performance sensors provide measurements of vibration, pressure, position, force and sound in a variety of applications. MTS had 3,400 employees as of September 29, 2018 and revenue of $778 million for the fiscal year ended September 29, 2018. Additional information on MTS can be found at http://www.mts.com