Välinge is pleased to announce yet another licensee have started their 5G sales, Ekowood International Berhad, Malaysia.
Viken, Sweden - November 27, 2009
Ekowood International Berhad has been a Välinge licensee since 2002 utilizing the by Välinge patented 2G locking system. Välinge and Ekowood have signed a global 5G license agreement which gives Ekowood the right to produce and sell the by Välinge developed fold down locking technologies.
The use of 5G fold down technology, where the boards are angle engaged on the long sides with vertical folding comprising a flexible tongue, on the short sides, offers considerable advantages over other installation methods. This system has been on the market since Domotex in January 2005. The 5G fold down installation method has been very well received and large volumes have been sold in 2007 and 2008.
By this Välinge and Ekowood will continue its close co-operation and are convinced that the new EkoLoc 5G locking system will lead to increasing volumes.About Ekowood
Ekowood is recognized all over the world for its engineered hardwood flooring. Ekowood has international presence and extensive market coverage. 90% of Ekowood products are exported to over 35 countries. Ekowood has subsidiaries and offices around the world (e.g. USA, Spain, Luxembourg, France, Hong Kong & China). Its global network consists of a combined sales strength of more than 50 professionals backed by 7 warehouses in various part of the world.
The manufacturing operation in Malaysia, is a USD 30 million high tech investment in a 65 000 m2 (700 000 sqft) factory, employing 400 skilled and experienced people. About Välinge Innovation
Välinge Innovation’s licensees have successfully introduced a wide range of flooring products based on the company's technology, starting in 1996 with the revolutionary Alloc® Flooring. Since then, Välinge has focused on working to increase patent activities, expanding the patent portfolio, developing new technologies and forming strategic partnerships. The right to use the patented technology from Välinge Innovation is licensed to more than 100 companies worldwide. Välinge Innovation has recently moved to its 17.000 m2 (180 000 sqft) new R&D centre in order to remain a leading development company in the flooring industry.
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Market & Sales Director
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