Alto Electronics Signs $7 Million Brazil World Cup LED Display Product Supply Contract

Announced on January 17, 2014, Alto Electronics and the German company LANG AG signed a "sales contract", Alto Electronics sold LED full color display products. These products will be used in the FIFA Brazil World Cup project in Brazil from June 12th to July 13th, 2014. The contract amount is $7 million.

Alto's LED display business has a clear positioning and focuses on high-end, high value-added market segments. The company's products will be used in the World Cup in Brazil, fully demonstrating that the company's product competitiveness is in the world's leading position. Partner LANG AG is the company. The traditional partner, the transaction amount of the two parties in 2013 was 5.07 million US dollars. Alto Electronics said that the signing of this contract is conducive to further enhancing the company's international market influence and increasing the company's main business income and net profit in 2014.

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