First SP4 order to Malaysia

Parans has received the first order for a SP4 system regarding the Malaysian market. The order value is approximately 20.000 EUR.    

                  

Images: Parans, Pixabay and Unsplash

Parans has received an order for a Parans system from a well-established Malaysian company, which operates in office and retail refurbishments throughout the country. The parties also have far-reaching discussions regarding a partnership. The end customer in turn is a well-known Malaysian spice brand. This company has is global with factories in and outside Malaysia. The Parans system will be installed in the Kuala Lumpur office space to provide natural light for the staff. Installation is expected to take place around year-end 2019/2020.

In the past 4-5 months, Parans has seen a significant interest for Parans' solutions from Asia. Today, Parans has a sales partner in Hong Kong, and has recently seen an increased interest from other countries in the region. This has meant more partner requests from serious companies from several Asian countries such as Thailand, Malaysia and the Philippines, and also from Australia.

- It is really exciting to see that the increased demand we have seen from several Asian countries has actually now also led to an order in a country where we do not yet have an established partner, says Anders Koritz, CEO at Parans. The company's strategy is to grow through partners. The fact that we now have several serious players who wish to represent us in this region puts us in a nice position to grow in Asia.

(This press release is based on the press release published in Swedish dated October 10th 2019.)  

For more information, please contact:

Anders Koritz, CEO at Parans Solar Lighting AB (publ), phone +46 733 211635, anders.koritz@parans.com www.parans.com

About Parans Solar Lighting AB (publ)

Parans Solar Lighting offers sunlight for indoor environments through an innovative system that captures and leads the rays of the sun. Parans, which developed the technology, turns mainly to property owners, architects and larger employers worldwide. Parans Solar Lighting is quoted on Spotlight Stock Market and has office in Mölndal, Sweden.

How the Parans system work: https://youtu.be/eflcbj2lpWo

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Parans Solar Lighting offers sunlight for indoor environments through an innovative system that captures and leads the rays of the sun. Parans, which developed the technology, turns mainly to property owners, architects and larger employers worldwide.

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It is really exciting to see that the increased demand we have seen from several Asian countries has actually now also led to an order in a country where we do not yet have an established partner. The company's strategy is to grow through partners. The fact that we now have several serious players who wish to represent us in this region puts us in a nice position to grow in Asia.
Anders Koritz, CEO at Parans