On Thursday 12th January Pressac Communications signed an agreement to invest in Genesis Technical Systems.  The investment will be used to provide engineering and production resources to enable manufacture of the field trial products.

Pressac are providing resources for engineering, mechanical design, procurement and manufacturing of the DSL Rings® solution.  They are working to produce hardware product suitable for field trials by Q2 2012 with the software following soon after.

“This is a great partnership which brings together our respective strengths and skills to accelerate delivery of the Genesis solution for high speed broadband,“ said Garry Kelman, CEO, Genesis Technical Systems. “We now have both the technology and the manufacturing capability.”

Pressac Communications is located in Nottingham about 50 miles from the Genesis office in Coventry.

Garry Kelman, CEO Genesis Technical Systems and Peter Burbidge, Managing Director, Pressac Communications sign the Genesis/Pressac investment partnership agreement.

Pressac is a privately owned, UK based company with a fifty year history of doing state of the art design and manufacture of mechanical and electronic products.  Pressac has an £8 million turnover; UK and offshore manufacturing facilities; a proven track record; and a worldwide customer base with many ‘blue chip’ clients.

Pressac has a solid relationship with BT and BT Redcare, for whom they provide a range of services from mechanical and electronic design, plastic injection moulding, and regulatory approvals through to mass volume manufacture. Our partnership with Pressac has already been helpful in our discussions with BT.