Passus has an agreement with Co.next for distribution in the Balkans

Passus has signed a distribution agreement with Co.next covering Slovenia, Croatia, Serbia, Kosovo, Bosnia and Herzegovina, and Montenegro and North Macedonia, the company said.

According to the agreement, Co.next will be responsible for the sale of Passus proprietary products and solutions, as well as for market development, pre-sales activities, education and customer support.

“Good experiences from our first steps abroad make expansion outside Poland a more and more promising direction of development for us. And the model of expansion, consisting mainly of looking for strong partners in target countries, seems optimal in terms of both dynamics and costs, ”said Tadeusz Dudek, President of Passus, quoted in the press release.

"Co.next is a leading distributor in the region, so we are very pleased that it has decided to cooperate with us, despite the fact that it already has a competitive solution in its portfolio," added the president.

Passus is a producer and integrator of specialized solutions in the field of security and performance of networks and applications. At the end of February 2022, Passus shareholders decided to publicly issue up to 500,000. G series shares without pre-emptive rights and applying for admission of the company's shares to trading on the main market of the Warsaw Stock Exchange (WSE), i.e. transfer of quotations from NewConnect.

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