Active Control signs agreement with Chinese; first overseas ActiveMine demo system to be installed this year

摘要

Active Control Technology Inc. has signed a binding and exclusive partnership agreement to sell ActiveMine, its premier wireless communications and locating system for mines, in China. Under the agreement, ACT will ultimately form a cooperative joint venture with two China-based partners - a mining technology developer that is a wholly-owned subsidiary of one of China's major mining companies, and an established provider of mining services to the country's coal mining industry.