Thursday, December 15, 2011

Equation

Equation: Co's 67.3% owned subsi DiSa Digital Safety GmbH has signed two agreements with ALDI GmBH Co & KG and Radio City KG, franchisee of Medi Max to launch DiSa's Anti-Theft System in the German mkt. No amt was mentioned but ALDI GmBH has over 4k stores in Germany and 1.1k stores in US and Medi-Max over 110 outlets in Germany. DiSa is in stages of finalising technical details for the installation of DiSa's systems in ADLI stores. DiSa GmbH currently acts as the technology, service and marketing centre for the Equation group in Europe and deals mainly in anti-theft systems. However Equation has posted net losses for 3 consecutive yrs.

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