AEY ADDvantage Technologies Group

ADDvantage Technologies’ Triton Datacom Subsidiary Expands Product Line to Meet Growing Demand

ADDvantage Technologies’ Triton Datacom Subsidiary Expands Product Line to Meet Growing Demand

Broadens Selection of Telepresence and Video Conferencing Solutions and Switches from Top Brands to Better Enable End-to-End Telecom Solutions for Small, Medium and Large Enterprises

CARROLLTON, Texas, Sept. 01, 2022 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today announced that its Triton Datacom subsidiary, a leading provider of refurbished Voice Over IP and IP telephony industry, central office switching and transmission equipment, has significantly expanded its product line to meet growing demand.

During the first half of 2022, Triton sourced and is now offering:

  • and Telepresence and Video Conferencing solutions
  • Switches and Wireless equipment
  • Aruba and Juniper switches

“These new product lines allow Triton to offer complete end-to-end solutions to existing small, medium, and large enterprise customers as well as attract new customers who have historically looked elsewhere for these product lines,” commented Damon Slachter, President of Triton Datacom. “Increasingly, businesses are seeking greater value from their telecom expenditures, particularly due to inflation and supply chain issues. High-quality refurbished options are an affordable way to add state-of-the-art telephony and telepresence solutions to an organization of any size. Additionally, we provide a cost-effective way to establish professional telecom solutions for home offices to support the trend toward a remote workforce.”

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About ADDvantage Technologies Group, Inc.

ADDvantage Technologies Group, Inc. (Nasdaq: AEY) is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Through its Wireless segment, Fulton Technologies provides turn-key wireless infrastructure services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Through its Telecommunications segment, Nave Communications and Triton Datacom sell equipment and hardware used to acquire, distribute, and protect the communications signals carried on fiber optic, coaxial cable and wireless distribution systems. The Telecommunications segment also offers repair services focused on telecommunication equipment and recycling surplus and related obsolete telecommunications equipment.

ADDvantage operates through its subsidiaries, Fulton Technologies, Nave Communications, and Triton Datacom. For more information, please visit the corporate web site at .

Cautions Regarding Forward-Looking Statements

The information in this announcement may include forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments that the Company expects or anticipates will or may occur in the future, are forward-looking statements. These statements are subject to risks and uncertainties, which could cause actual results and developments to differ materially from these statements. A complete discussion of these risks and uncertainties is contained in the Company’s reports and documents filed from time to time with the Securities and Exchange Commission.

For further information:

Hayden IR

Brett Maas

(646) 536-7331

 



EN
01/09/2022

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