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Wizcom Appoints Distributor for Russia


Deal provides access to wide network of sales outlets in significant market

Rosh Ha’ayin - Wizcom Technologies Ltd. (Prime Standard: WZM, IL 0010830706 has appointed Electronnie Slovary as distributor for its products in Russia. Electronnie Slovary, active on the market since 1993, is a specialist in the sale of electronic dictionaries, with an additional focus on the development and marketing of portable devices for education on the Russian market.

Electronnie Slovary’s products are distributed through a dealer network in many of the large Russian cities. In Moscow the products are offered through an extensive network of retailers of companies such as Beliy Veter, ION Digital Center, Vobis computers, as well as in many shops and other outlets for electronics and portable equipment.

Shimon Amouyal, CEO for Wizcom, stated, “The Russian market, with over 142 million people, obviously is a very important territory for our products. For instance, the ever increasing significance of English as an international business language requires additional learning tools. This is especially true in countries where foreign languages have not had a long history in being part of the standard curriculum and this holds doubly so for countries whose script is not widely used, such as Cyrillic in Russia. The potential for our products, therefore, is very significant.”

“With Electronnie Slovary, we have signed up a distributor with extensive experience in our field and with a very well developed network with a large market reach. This, combined with the recent appointment of a Sales Manager for the territory, is already sorting effect and the first orders have been recorded and shipped in Q2. We are bullish on the development of our sales on the Russian market the first signs are positive.”

About Electronnie Slovary: Active on the Russian market since 1993, Electronnie Slovary has developed a wide network of retail and other outlets for its products. At present, the company’s portfolio includes handheld electronic dictionaries and translators under the brand Assistant, electronic dictionaries translators under the brand Brilliant, Wizcom’s pocket scanning translators Quicktionary, the Lbook and Assistant - devices for reading electronic books - and the tablet computer MIReader on the Android operating system.

Wizcom Technologies Ltd. is the world’s leading producer of personal, portable scanning pens that help people read and process text. These pocket-sized, user-friendly devices enable people to understand and use printed material, anytime and anywhere, without disrupting their reading process. Our pens help students of English as a first or second language, as well as people working in multilingual environments, enhancing their fluency and expediting reading comprehension.


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