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Thu 20 Feb 2003 04:00 AM

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Egyptian manufacturer signs deal to begin printer production

Egypt is set to begin manufacture and assembly of printers for the first time, with the signing of a deal between AOI Electronics Factory, Globalis and CPG International

The Egyptian Arab Organisation (AOI) for Industry’s Electronics Factory has signed a deal to begin manufacture and assembly of printers for CPG International and Globalis International. Under the agreement, which was formalised by the signing of a letter of intent witnessed by the Minister of Communications & Information Technology, Prof Dr Ahmed Nazif, AOI Electronics Factory will begin assembly of printers, but will progress to actual manufacturing of components for the printer models it is assembling.Globalis was founded last year from the Middle East & North Africa operations of Arabisation leader ALIS technology and industrial and professional printing equipment specialise CPG International to provide high end printing solutions that are capable of Arabic support. Globalis is responsible for the Compuprint and Genicom brands. One single model of printer will be produced initially, a CPG product that is already available in Egypt, although this will be expanded to include other models in the CPG range.AOI Electronics Factory, part of the AOI group, currently manufactures and assembles a range of electrical goods including PCs, telephone switches, and home electronics, although this is the first printer product it will produce.“We are very pleased about this co-operation with CPG-Globalis, said M Kamal Abdel Fattah, chairman of AOI Electronics Factory. “It was about time that we had a manufacturing presence for printers in Egypt. We have highly qualified resources that can accomplish the most complex jobs. We have the means to perform such activities, and we have the support of the highest Authorities.”The agreement and liaison between the three companies will be handled by Globalis-Egypt, a new company formed for that purpose. The new company will handle support and some development of CPG and Globalis products.Andre Naccache, CEO of CPG International and chairman of Globalis commented: “Following last year’s major investment in the Middle East by creating Globalis, we are proud to make a second significant move this year with the association with AOI. Our group has chosen Egypt to be among the first international locations for transferring assembly and manufacturing activities. We were impressed by the high level of sophistication that we saw at the AOI Electronics Factory, and we are proud to be associated with AOI. Today, CPG is one of the major world players in the professional/industrial printing industry, offering the widest range of printing technologies. Our aim is to share the application of these technologies in their respective markets with our partners.”“We have been present in Egypt for almost two decades under the ALIS name, and several years with GENICOM and COMPUPRINT brands,” said Ghassan Gebravel, CEO of Globalis International. “The integration of the three brands under Globalis International has given us a unique advantage to be the major provider of various Arabised printing technologies and solutions. Bringing together CPG International, a world provider of professional printers, and AOI, a respectable regional manufacturer, will definitely make a difference in the Egyptian printer market. Imagine the best Arabisation technology integrated into the most robust printers, and produced locally by one of the most qualified factories. Globalis-Egypt, under incorporation, is proud to be the coordinator of this venture. We have believed in this market while we were ALIS, and this investment reflects our belief in establishing a solid presence in collaboration with Egyptian interests.”

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