Eltek Ltd. (NASDAQ: ELTK), the leading Israeli manufacturer of advanced flex-rigid circuitry solutions announced today that it has extended its sales network with the appointment of Endicott Interconnect Technologies, Inc. as one of its sales partners in the U.S.
Endicott Interconnect Technologies, one of the world's leading providers of full turnkey services for printed circuit board and integrated circuits assembly, will strengthen Eltek's presence in the U.S. market.
"I am pleased to extend our business cooperation with Endicott Interconnect," said Jim Barry, President of Eltek USA. "The current cooperation between the companies in the Israeli market will now extend to the U.S. market and help increase our sales within North America. Endicott's relationships with many major tier-1 U.S. based customers, provides us with an ideal platform to increase sales of our complex high-end, rigid-flex technology within this market. This partnership supports our long term business plan and strengthens our position in the growing medical and defense global markets."
“With the addition of Endicott Interconnect as a North American Sales Partner; Eltek now possesses even more strength and resources to support our growing customer base within the military and medical markets . We look forward to the mutual growth that both companies will derive from this agreement,” concluded Mr. Barry.Shay Shahar, Eltek's VP of Sales and Marketing commented: “We are proud to have Endicott Interconnect as an important addition to our worldwide network of strategic partners, as both sides can complement each other's offering to its customers. This relationship furthers our strategy to enter into strategic relationships with leading PCB manufacturers, such as Endicott Interconnect, as well as PCB equipment suppliers, raw material suppliers and academic institutions." “We are pleased to represent Eltek in the U.S. electronics market. We recognize Eltek's technological capabilities, and believe that the reliability and quality of Eltek's high end rigid-flex boards will benefit both companies through a stronger presence in the U.S. market," stated Warren Dannelly, Endicott Interconnect’s Vice President of World-Wide Sales.