HOUSTON, Oct. 16, 2018 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) announced today that its wholly-owned energy subsidiary's, Orbital Gas Systems ("Orbital"), new distribution partner, SAMSON AKTIENGESELLSCHAFT ("SAMSON"), showcased Orbital's proprietary GasPTi Technology at the recent Conference Catalyst Producer's Danzig Polen 2018 in Gdansk, Poland. The event is an international conference that plays host to numerous Western European and Commonwealth of Independent States natural gas operators.
SAMSON Senior Engineer Kamen Marinov, utilizing his extensive product knowledge acquired through sales and technical training delivered by Orbital's international sales and products teams in both Frankfurt, Germany and Staffordshire, UK, promoted GasPTi and VE Technology to new, previously untapped customers in new markets. Mr. Marinov's presentation can be viewed here:
"The presentation material and delivery were extremely high quality and served to demonstrate that SAMSON has both the expertise and the desire to successfully promote our technology globally," stated Orbital's Head of International Product Sales, Tony Wimpenny. "Kamen did a great job and I'm also grateful for the efforts of our team that put the time into preparing detailed training for our colleagues at SAMSON."
SAMSON and Orbital will jointly present the GasPTi and VE Technology at the Abu Dhabi International Petroleum Exhibition and Conference ("ADIPEC") from 12-15 November in Abu Dhabi.
ADIPEC, one of the world's largest, most important and influential oil and gas events, brings together over 110,000 attendees, including industry stakeholders and experts, to share knowledge and exchange ideas on a brighter future for the energy sector.
From operating companies to the international supply chain and those at the forefront of technological advances, ADIPEC 2018 is set to host more than 2,200 exhibiting companies and 28 exhibiting country pavilions showcasing thousands of products, services and solutions. With 15 dedicated exhibition halls, ADIPEC brings together 41 National Operating Company's and Independent Operating Company's, along with the decision and policy makers that shape the future of the oil and gas supply chain.
Stated CUI Global President & CEO William Clough, "We are very confident that SAMSON's engineering and sales teams are well positioned to drive adoption of our GasPTi and VE technologies globally and will support their every effort to build on this early sales and marketing momentum."
About CUI Global, Inc. Delivering Innovative Technologies for an Interconnected World . . . . . CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT® platform targeting the energy sector, to CUI Inc.'s advanced power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders can participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most important, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.
About Orbital Gas Systems Orbital Gas Systems, (Orbital) has offices in the United Kingdom and Houston, Texas. For over 30 years, Orbital has developed its portfolio of products, services and resources to offer a diverse range of personalized gas engineering solutions to the gas utilities, power generation, emissions, manufacturing and automotive industries. Orbital's internationally recognized expertise in the natural gas industry, including bringing together the patented VE Technology® with the ground-breaking GasPT device, offers natural gas operators and users a comprehensive engineering array for the next generation of energy metering systems. Orbital is a wholly owned subsidiary of CUI Global, Inc.
About SAMSON SAMSON offers products and systems to control all kinds of media. We specialize in control valve engineering. As a trendsetter for over 100 years, we drive forward new developments and introduce innovations to the market. We have had a considerable impact on the evolution of valves from analog components to smart control valves. We are now fully focusing on the opportunities provided to us through Industry 4.0.
Important Cautions Regarding Forward Looking Statements This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.