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Incorporation. Globamatrix Holdings
(our current name) starts business
in September 1992 under the name
of GMX Associates Pte Ltd, marketing
a wide range of high performance
thin films for the automotive and
architectural windows.
June 1994, GMX secures distribution
rights from Nasdaq-listed, Southwall
Technologies, Inc. (“Southwall”)
for its patented XIR high performance
solar control films for Singapore,
Malaysia and Brunei. GMX markets
product under the brand name V-KOOL.
Southwall extends territories to
include the entire South East Asia;
and due to further successes in
developing these initial markets,
Southwall extends our territorial
rights to Middle East and North
East Asia by mid-1996.
GMX secures the worldwide distribution
rights for V-KOOL (excluding the
North America market).
Rights to market V-KOOL to North
American market extended by Southwall,
completes our global distributions
rights. Strategically, GMX tightens
parallel importation through this
control as it now controls the global
supply.
V-KOOL Franchise International Pte
Ltd (VKI) set up to spearhead the
international development of V-KOOL
through franchising.
A JV company, V-KOOL Inc., was set
up in Texas, USA to service the
North and South America markets.
V-KOOL Inc. headed by Mr Marty Watts,
President, a veteran in the thin
film industry with over 10 years
of thin-film trade experience.
GMX selected by the Singapore Productivity
and Standards Board (currently known
as Spring Singapore), a government
statutory body, as a Promising Enterprise
in 1999.
Spring Singapore infusion of venture
capital funds through its investment
arm, SISIR International, into Huper
Optik International, the Company’s
subsidiary established to market
a comprehensive range of high performance,
moderately dark German-branded window
films. GMX and Southwall jointly
hold the patent of this product.
The world’s largest Science
and Technology magazine, Popular
Science awards V-KOOL/XIR technology
as one of the top 100 inventions
of the millennium, alongside other
inventions such as the computer,
the internet, air conditioning system
and telephone, marking international
recognition of the product.
SGS International Certification
Services certifies GMX's quality
management systems compliant with
ISO9002 standards.
GMX wins the prestigious Singapore
Franchise Excellence Award for V-KOOL
Franchise system.
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