NEW INVESTMENT BOOSTS
MULTIFORM EXPANSION PROGRAMME

Multiform Technology Group, who have successfully manufactured state-of-the-art lighting controllers for the home and export markets over the past 28 years, have announced a major restructuring of the company.

Managing director Iain Price-Smith has confirmed that he has secured significant new investment, and that this capitalisation will enable him to fund further growth into the distribution market, which has provided an increasingly successful adjunct to the company's core business over the past two years.

"Since securing the Griven and Sagitter agencies in the UK - along with a new agreement we have signed with Meteor Lighting in the States - there has been considerable interest in Multiform's activities," declared Iain. "Therefore it seems the appropriate time to refinance the company to allow us to fulfil both our suppliers' and customers' expectations into the new millennium."

The new cash injection has involved Multiform taking on a UK and export sales manager, and appointment of a production manager is imminent.

The first phase of change will manifest itself at this year's PLASA Show. "Visitors to the stand will see new faces and new products as part of an enlarged presentation," states Iain.

"As manufacturers of pedigree electronic products we already have the on-site expertise to be able to service, and rapidly turn round, the equipment we represent in the UK. What this finance package will enabled us to do is create a more dynamic profile for the company."