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PointShot Wireless Appoints Holden Railway Equipment Corp. as its Distributor to China 2/14/06 - PointShot Wireless announced the appointment of Holden Railway Equipment Corp. as their distributor for the People's Republic of China. "China is one of the world's largest and fastest growing markets, and PointShot is very pleased to have Holden America, with their experience and contacts, representing us in China. Wireless internet on board trains is taking off in North America and Europe, markets where PointShot is recognized as a leader. China offers a huge opportunity as it leaps forward in terms of its infrastructure and need for connectivity", said Shawn Griffin, President and CEO of PointShot Wireless.
Hugh MacDiarmid, Managing Director of Holden Railway Equipment Corp., the Holden America group company that will lead the China effort, said, "PointShot Wireless provides a unique value proposition for their equipment, and we are delighted to be working with them to develop the market in China". As part of the agreement with Holden America, PointShot Wireless is pleased to announce the appointment of Hugh MacDiarmid to its Board of Directors. Holden Railway Equipment Corp. (HREC), a member company of the Holden America group, is engaged globally in the supply of components, products and systems to the rail industry, and is well situated to pursue opportunities for PointShot Wireless mobile internet access solutions in the Chinese passenger rail marketplace. Prior to joining HREC, Mr. MacDiarmid was CEO of Laidlaw Transit Inc., North America's largest provider of student transportation services; previously, he accumulated almost 20 years of experience in the North American rail industry, including serving as Executive Vice-President, Commercial for Canadian Pacific Railway. |
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