HTSA Buying Group Adds Panamax - ResidentialSystems.com

HTSA Buying Group Adds Panamax

Panamax has been selected as a vendor partner by the Home Technology Specialists of America (HTSA) buying group. The partnership expands Panamax's distribution network, while providing HTSA members with full access and exclusive pricing on its award-winning products, including a broad UPS product line and industry-l
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Panamax has been selected as a vendor partner by the Home Technology Specialists of America (HTSA) buying group.

The partnership expands Panamax's distribution network, while providing HTSA members with full access and exclusive pricing on its award-winning products, including a broad UPS product line and industry-leading IP control solutions.

With 59 dealer members, 97 storefronts, and 425 installers nationwide, HTSA represents an aggregate annual sales volume of more than $450 million, according to the group. Only 52 vendors have access to this group of home theater specialists. With the addition of Panamax, HTSA brings its members special pricing on Panamax power management solutions, opportunities for demo programs, and special promotions.

"We chose Panamax as a vendor partner because they are a clear industry leader, offering award-winning products that provide our members with profitability and salability," HTSA executive director Richard Glikes said. "In addition to their high quality, reliability, and high performance, Panamax's power management products have the ability to enhance the bottom line for our members by offsetting low-profit sales, particularly when it comes to flat-panel displays."

"We are proud that HTSA has chosen to add Panamax to its exclusive list of vendor partners and we're confident this partnership will offer great opportunities for both the buying group and ourselves," Furman and Panamax senior vice president of sales and marketing Dave Keller said. "Now both Furman and Panamax solutions are available for HTSA members, which means better pricing and access to technology that increases profit margins and ensures an optimal AV experience for the end-user. Last year, when Furman joined HTSA, our HTSA sales with Furman dealers increased significantly. We are very excited to extend this opportunity to Panamax."

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