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New Zealand company Patton Limited recently signed an memorandum of understanding (MoU) with one of Sri Lanka’s largest air-conditioning and refrigeration company Frostaire Limited.

The MoU outlines an agreement for the sole distribution of Patton brand of evaporators and condensing units for cold room applications in the Sri Lankan market.

The signing of the MoU was witnessed at the Ceylon Chamber of Commerce by New Zealand Prime Minister John Key and Sri Lankan Prime Minister Ranil Wickremasinghe.
Meanwhile, PowerShield Limited, another New Zealand firm also signed an MoU with Sri Lanka’s Assidua Technologies, who specialises in the provision of IT hardware for uninterrupted power supply services.

The MoU outlines an agreement that Assidua Technologies will sell PowerShield equipment as part of its core battery monitoring solutions.

PowerShield supplies battery monitoring equipment for new or replacement uninterrupted power supply systems where installations require reliable and continuous power supply, such as banks, data centres, airports, and emergency centres.Its system is used in Whitehall’s Ministry of Defence bunker, at NASA, at Microsoft, in Hong Kong’s Light Rail system and China’s Huawei, monitoring megabanks of batteries that can be called into service in the event of a power outage.