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Triangle MicroSystems Retains Investment Advisor to Explore
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Company Name:
Triangle MicroSystems
Industry:
Manufacturing
Number of Employees:
30
Capital Needs:
$1,000,001 +
Location:
Raleigh, NC
Company Website:
www.trianglemicrosystems.net
RaiseCapital Website:
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Description
North Carolina Building Automation and Fuel Controls Company Establishing National Marketing Strategy
Raleigh, N. C. Triangle MicroSystems, Inc, (TMS) a manufacturer of automated building and fuel control systems based in Raleigh, North Carolina, is planning a national marketing initiative for its fuel control division.
“We have completed the research and new product development for our advanced fuel control systems for gasoline pumps,” said George King, the President of TMS. “We are ready to roll out the new product to the market and we are in the process of exploring all of our strategic options, including mergers and capital market transactions,” he added.
TMS retained Investment Management & Insurance Advisors, Inc., an investment advisor to high tech companies, to assist with the capital market exploration.
“TMS has been in business since 1982,” said Thomas Vass, the investment advisor, “and has developed two main product lines from its own proprietary electronic control technology. The newest version of products for fuel pumps is a sustaining innovation that makes old pumps new again so that they can communicate with the new internet-based world of e-commerce.”
King noted that he is considering how all of his suppliers and vendors could possibly fit into the new growth strategy. “We have extensive relationships with key players in the entire fuel distribution network,” he said, “and we intend to include our partners in our growth plans.”
In addition to advanced fuel pump technology, the TMS technology platform is deployed in all forms of green energy initiatives that control the environment of commercial and industrial buildings. Their control technology is currently managing the largest roof top solar applications in North Carolina at the Fletcher Industrial Park
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