PHOENIX, Nov. 15, 2017 /PRNewswire/ -- Alpine 4 Technologies' ( OTCQB: ALPP) subsidiary, Quality Circuit Assembly (QCA), is proud to announce that it acquired more than 10 new customers in 2017, consisting of some of the largest names in Silicon Valley, including many exciting start-up companies with larger production goals in the near future.
QCA estimates that its new customer base will grow revenue exponentially. New partnerships serve as the future of any successful contract manufacturer and will be the main driver of QCA's growth.
QCA also added two new Alpine 4 subsidiaries into its portfolio of customers. The first subsidiary, ALTIA, is an aftermarket automotive products company with safety device products for everyday vehicles. The second is Lattice, which produces electronic communication devices for the correctional facilities industry.
Alpine 4 classifies its portfolio of companies into three categories: drivers, facilitators and stabilizers. ALTIA and Lattice are "driver" companies with respective worldwide industry market sales of $9 billion and $12 billion. QCA is a "facilitator" company, responsible for the manufacturing of ALTIA's and Lattice's products, helping with the vertical integration of their engineering, manufacturing, and sales abilities.
QCA has provided manufacturing support to its customers around the world since 1988.
Jeff Hail, QCA's interim-President, and Tim Garcia, QCA's VP of Sales, stated "Obtaining new partners in the highly competitive landscape in which QCA operates is an extremely difficult task. The newly created partnerships are evidence of the trust that OEM's are placing with QCA's high-quality, concept-to-production manufacturing abilities and to the dedication QCA is providing to these partnerships."
About Alpine 4 Technologies Ltd.
Alpine 4 is a publicly held enterprise with business-related endeavors in Automotive Technologies, Electronics Manufacturing, Software and Data Technologies.
Four principles at the core of our business are: Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we are able to aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but increase value for our shareholders.
Contact: Ian Kantrowitz, Director of Investor Relations
The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.
SOURCE Alpine 4 Technologies Ltd.