X-Change Corporation Partners With W.W. Grainger, Inc. for Worldwide Distribution of Sales
October 09 2012 - 7:30AM
Marketwired
X-Change Corporation (OTCQB: XCHC) announced today that Guardian
Telecom, Inc. has executed a supplier agreement with W.W. Grainger,
Inc. for worldwide distribution of Guardian's Products and
services.
Guardian's industrial communication equipment for the oil and
gas, refineries, pipelines, mining, nuclear and power facilities,
transportation and services industries has executed a partnership
for its products to be sold in the Grainger Supplier Handbooks,
websites, e-commerce initiatives, and through other media sources.
Grainger will use its SKU to promote and sell Guardian Telecom's
product lines.
Darren Epp, Vice President of Operations of Guardian Telecom,
Inc., states, "We are very excited to be working with Grainger, for
we now have increased worldwide coverage, and have an ecommerce
platform to expand our products globally and strategically through
the one of world's largest supplier of industrial and operating
products. We have the ability to grow our revenues five-fold over
the next 24 months. Guardian continues to increase its distributor
channel to handle the needs of its growing customer base."
Grainger offers more than 400,000 products in distribution
worldwide, ranging from mop buckets and power drills, to water
pumps and power generators to drill bits. In addition, it will
source more than a million more products on request from customers,
using the Internet as a sourcing tool.
Grainger's e-commerce transactions have climbed to 27% of its
total $8.1 billion in sales and are projected to grow to more than
40% within five years. Grainger's $2.2 billion in sales through
electronic commerce in 2011 ranked the company as the 15th largest
e-retailer in the U.S. and Canada. With Grainger's e-commerce
platform combined with its mobile-optimized web site, designed
specifically for iPhone, Android and other mobile technologies,
customers can view real-time updates of inventory available in
their distribution centers, and with their orders.
W.W. Grainger, Inc. with 2011 sales of $8.1 billion is North
America's leading broad line supplier of maintenance, repair and
operating products, with expanding global operations. For more
information about the company, visit www.grainger.com. Grainger
shares are traded on the New York and Chicago stock exchanges.
Guardian Telecom, Inc.
Guardian Telecom, Inc. is a leader in the design and manufacture
of industrial communication equipment for oil and gas companies for
on and off-shore rigs, oil refineries, mining, nuclear and power
facilities worldwide. Guardian is ISO 9001-200 certified and
designs, manufactures and distributes globally Industrial
Telephones, Hazardous Area & Explosion-Proof Telephones, VoIP
Telephones, Accessories, Acoustic Booths and Paging equipment with
certifications including: CSA, IC-CS03, UL, FCC, EU ATEX/CE, NEMA,
ABS, ACA (Australia), KSA-SASO (Kingdom of Saudi Arabia) and CFT
(Mexico). Guardian has manufacturing facilities in Calgary, Canada
and has sales and technical support offices in the United States,
UAE and Dubai and Mexico. For more information please visit
www.guardiantelecom.com.
About X-Change Corporation
X-Change Corporation is building interests in a broad range of
oil and gas projects worldwide. The Company is an independent
energy company engaged in the production, development, acquisition,
exploitation and exploration of crude oil and natural gas.
This Press Release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. A statement containing
works such as "anticipate," "seek," intend," "believe," "plan,"
"estimate," "expect," "project," "plan," or similar phrases may be
deemed "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Some or all of
the events or results anticipated by these forward-looking
statements may not occur. Factors that could cause or contribute to
such differences include the future U.S. and global economies, the
impact of competition, and the Company's reliance on existing
regulations
X-Change Corporation Media contact: Guardian Telecom
Calgary office: investorrelations@guardiantelecom.ab.ca
403-258-3100 ext.172 Or Glenn Crowe - Marketing Department
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