Marketronics Corporation and HYT Announce Merger

Sunrise, FL (September 1st, 2007) – HYT, a world leader in the manufacturing and development of two-way radio systems and Marketronics Corporation, the leading distributor of wireless products to Latin America today announced the merger of their two companies. Effective September 1st, 2007, HYT North America and Marketronics Corporation will form HYT America.

Merged "With more than 30 years of experience, Marketronics has become the undisputable leader in the distribution of wireless products and systems to Latin America," said Qingzhou Chen, Founder and CEO of HYT. "This partnership will combine the strength of the HYT brand and product portfolio with the experience of Marketronics in the Americas marketplace. Our value proposition of offering top quality, value-added two-way radio solutions, coupled with the know-how and added services provided by Marketronics, is unsurpassed in the market."

Francisco Noyola, former President and CEO of Marketronics Corporation will serve as President and CEO of HYT America. Noyola states, "HYT’s innovative research and development capability is among the finest in the world, and the company boasts more than 20 patents. The combination of Marketronics established presence, reputation, and relationships coupled with HYT's brand and full portfolio of two way radio solutions, will leverage the strengths of both companies, providing better service to our customers in both North and Latin America.


September 1st, 2007

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