Samsung Techwin Targets Growth In Latin America

RIDGEFIELD PARK, N.J., June 27, 2012 /PRNewswire/ -- Samsung Techwin America, a leader in consumer video monitoring and security products, proudly announces its partnership with leading consumer electronics exporter and distributor, Precision Trading Corp.

"Precision is widely regarded as one of the premier distributors of CE products and has a proven track record of helping its partners capitalize on the growth opportunities that exist in the Latin American and Caribbean markets," said Mike Palazzolo, Vice President Sales and Marketing, consumer video monitoring and security products, Samsung Techwin America. "This strategic partnership will strengthen and grow both our businesses as we continue to expand into the Latin American market and offer Samsung's industry-leading surveillance and video monitoring solutions to more consumers."

Through the newly formed partnership, Precision will bring Samsung's industry-leading consumer security and surveillance products, including its high-performance surveillance & security solutions for home and SMB use as well as its line of wireless audio and video baby monitors, directly to the Latin American and Caribbean market via its comprehensive distribution network.

"We, at Precision Trading Corp., are extremely excited to begin our new relationship with the Samsung Security and Surveillance consumer division," Simon Beda, Executive Vice President, Precision Trading Corp. "We believe that this product category will be a great addition that rounds out our overall consumer electronics business. We are happy to be working with Samsung Security and look forward to a prosperous business relationship together."

For additional information regarding Samsung Techwin America consumer video monitoring and security products, please visit www.samsungsv.com

About Precision Trading Corp.

Precision Trading Corp. was founded in 1979 with the goal of becoming the premier exporter and distributor of consumer electronics and housewares in the Americas. Precision's main goal has been and continues to be to offer the best products at the best prices while adhering to the highest ethical standards as well as total customer satisfaction. Precision Trading is located in Miami, Florida, where its headquarters as well as its main warehouse and distribution facilities are located. The brands that Precision distributes are Sony, Panasonic, Samsung, LG, Toshiba as well as their private label, Precision for electronics and Premium for small appliances and white goods. Worldwide purchasing is managed out of Miami headquarters with the assistance of satellite purchasing offices in Hong Kong, Zhuhai and Ningbo, P.R.C. For more information, visit http://www.precisiontrading.com/ online.

About Samsung Techwin America

Samsung Techwin is a leading supplier of advanced video surveillance solutions. Building on the company's history of innovation, Samsung Techwin is dedicated to providing system solutions with the highest levels of performance, reliability and cost-efficiency. As a subsidiary of a $117 billion international market maker, Samsung Techwin is committed to the continued development of innovative products for professional and consumer security applications. For more information, visit www.samsungsv.com.

SOURCE Samsung Techwin America