Symeo braves economic crisis, reports 80% revenue growth
Radio based distance measuring and position detection in high demand
Symeo, contactless position detection and distance measuring solution supplier for industrial use, has grown their revenues by more than 80 per cent in fiscal year 2009. Despite the global economic crisis, the company won many international projects and succeeded in expanding its cooperation and sales network, which had a positive affect on sales figures...
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... Cooperating with PSI Metals, a global leader in providing production management solutions to the metal industry, helps position Symeo sensor systems on this market the world over. Dirk Brunnengrber offers a perspective on the company's business strategy for 2010/2011: 'We see these industry-related alliances as key to the worldwide employment of our LPR products and as a way to help us continue to focus on our core competencies of developing and providing high-quality, robust sensor solutions for industrial use.' Symeo GmbH Symeo develops and markets products and solutions enabling accurate and contactless position detection for vehicles, cranes, and objects, for distance measurement, as well as anti-collision systems. Symeo's products are of robust design and are suited for applications in rough industrial environments.
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