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Lantek confirms the healthy state of the Asian market

Lantek confirms the healthy state of the Asian market

Countries in Asia contributed to 16% of Lantek's turnover in 2012, a percentage which, according to the company's forecasts, is expected to increase by 8% in the current year.

Lantek, world leader in the development and marketing of software solutions for the metal industry, has successfully held its “International Meeting Lantek Asia” conference, which took place at the company’s headquarters in Seoul (South Korea).

During the conference, managers of Lantek subsidiaries in Asia and their marketing and technical teams had the opportunity to meet various employees from the head office, led by Joseba Pagaldai, Senior Director of the company in the Asia region.

The objective of holding an event of this nature and relevance was twofold. On the one hand, the meeting served to evaluate and share data on the earnings achieved by the company in Asia in 2012, placing them in context with the other areas where the company operates. On the other hand, Lantek has set the strategic lines of action for each of the offices in the region for this year in order to reaffirm and consolidate its leadership and to boost the activities of the various business divisions, empowering the solutions area.

According to data provided by the company, in 2012, Lantek confirmed its leadership in the Asian market, where 27% of its customers are located. Currently, this area generates 16% of the company's global turnover, a percentage that positions the region as the second-most important region for the corporation, after EMEA.

Looking ahead to 2013, the objective is to increase turnover from the Asian market by 8%. Among other initiatives, the company will drive the CAD/CAM 3D solutions business and reinforce its policy of alliances with other manufacturers for the development and integration of applications.

By business areas, the CAD/CAM division continued to generate the largest sales volumes in Asia over the past year, followed by the Solutions business.

Lantek will continue working to strengthen its position as the industry leader in 2013 and contribute to strengthening the brand on a global level, while at the same time becoming the premier technology partner for its customers, to whom the company offers a high added-value service.

About Lantek

Lantek is a multinational world leader in the development and marketing of software solutions for the the sheet metal and fabrication industry and machine tools sector. The company’s capacity for innovation and strong commitment to international and emerging markets has led Lantek, founded in 1986 in the Basque Country and with head offices in Vitoria (Alava), to become the global benchmark for the industry with its CAD/CAM/MES/ERP solutions. The company currently has over 12,000 customers in over 100 countries and offices in 15 countries, in addition to an extensive network of distributors across the world. The company’s international business in 2012 has contributed 85% of its turnover.

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May 2013
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