Micro Technologies enters into pact with Sri Lankan firm

Micro Technologies India on Friday said it has entered into a strategic agreement with Sri Lanka's real estate firm I-Systems to market micro products and its licenses in the island nation.

The firm said it has entered into an strategic agreement with the Sri Lankan company, it said in a filing to the Bombay Stock Exchange.

According to Kavinda Jayasooriya, Managing Director of I-Systems, Sri Lanka has a very lucrative and rapidly expanding Market, which offers excellent opportunities for Micro Technologies security products and their product licenses.

Micro Technologies India provides high-end security products in the areas of mobile security, automobile security and monitoring systems, among others.

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