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Tevano Systems Holdings (CSE:TEVO) announces partnership with Nevatronix

Technology
CSE:TEVO
29 April 2021 09:00 (EDT)

Tevano Systems Holdings (TEVO) has announced a strategic partnership with Nevatronix.

Nevatronix is a market leader in the design, development and production of next-generation electronics solutions.

The partnership will see Tevano and Nevatronix collaborate on the design and production of new, cutting-edge, digital kiosk-based technology concepts and products, developed to meet emerging trends across industry sectors including fintech, gaming and retail.

Nevatronix’s workforce designs and delivers new and highly innovative digital kiosk and technology hardware concepts for a global client base.

“The industry credibility, experience and priority access to extensive design, development and manufacturing infrastructure that comes with our close strategic relationship with Nevatronix cannot be underestimated,” said David Bajwa, CEO of Tevano.

“Having the ability to develop strong IP, successfully manage supply chains and deploy cutting-edge solutions – at pace – to meet shifting markets and business trends, has incredible value for Tevano as we go forward. We’re thrilled to be working hand-in-hand with Nevatonix and believe our stakeholders will come to view this as a key partnership as it helps fuel our company’s growth and development.”

As Founder & CEO of Nevatronix, Ara Tcholakian has worked closely with Tevano’s executive team since the company’s inception, bringing over two decades of industry expertise and extensive IP knowledge to the development of Tevano’s debut product, the Health Shield™ temperature scanning device.

Ara said of the partnership,

“I’m very excited for us to build on what Nevatronix has already been able to achieve with Tevano. I believe Tevano has enormous potential for exponential growth with its Health Shield device and the growing line of innovative products it has in advanced stages of R&D. We’re seeing shifts in consumer behaviours that are supporting dramatically increased use of screen-based technologies and this is only going to grow the markets Tevano is able to successfully address going forward.”

Tevano is the developer of cutting-edge electronics that provide innovative solutions to business and consumer challenges.

Nevatronix is an electrical engineering, manufacturing and digital design studio.

Tevano Systems Holdings Inc. (TEVO) opened trading at C$1.20 per share.

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