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The company said that each of the operating units are majority owned subsidiaries of 4C Controls. The operating unit partners are based in Greece. With the establishment and launching of the three operating units, 4C Controls covers the entire systems, security, and defense solutions value chain, from risk assessment, to system design, to turnkey project delivery followed by after sales follow-on support.
Through the operating units, 4C Controls said it will offer applications as a one stop turnkey solution provider who will identify, design, implement and maintain comprehensive solutions. The multi-pronged approach of being a one stop shop providing assessment, design, engineering, project management, delivery and maintenance will facilitate control of projects.
The Company also announced that it has plans for additional joint ventures and acquisitions which the Company expects to formalize and close during in 2009. The Company has disclosed that it is in final stages of negotiating major contracts in the Gulf Cooperation Counsel (GCC) region and Africa which are expected to be announced before the end of the second quarter 2009.
4C Controls is a U.S. Company which provides technology integrated security solutions facilitating real-time early warning and reduction of time scales from threat-detection to termination in the field. The Company's primary focus is on electronic surveillance / access control markets, biometric, radio frequency identification (RFID), real-time locating systems (RTLS) and closed-circuit television (CCTV), high resolution low equatorial synthetic aperture radar (SAR) satellites, satellite design, manufacturing and operation, satellite images and processing analysis and distribution, ground radars for intrusion detection, and data protection.
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