EATON KICKS-OFF DISTRIBUTION PARTNERSHIP WITH DIGIWORLD, WIDENS PRESENCE IN VIETNAM

HO CHI MINH CITY Power management company Eaton today announced the signing of a new distribution agreement with its strategic partner Digiworld Corporation (HOSE: DGW, “Digiworld”), the leading market expansion services provider in Vietnam. This partnership is another strategic milestone, demonstrating Eaton’s commitment and investment in the Vietnam market.

With the largest coverage of distribution network nationwide and 20 years of experience in being the distributor for more than 30 world-renowned technology brands, Digiworld is primed to take Eaton to more customers and provide them strong prospects in accessing innovative power management technologies and solutions.

“At Eaton, we help our customers maintain productivity, reduce energy consumption, and protect their capital investments through innovative power management solutions. We are dedicated to improving people’s lives and the environment with powerful technologies and solutions. We believe that the partnership with Digiworld will deepen our presence in Vietnam and provide top-notch quality services to Vietnamese people, helping them solve some of their biggest power management challenges through our industry leading electrical products and services,” said Pichai Suthijintatip, Commercial Director, East Asia-Central Zone, Electrical Sector, Eaton. “By leveraging Digiworld’s extensive channel and distribution network, we gain a competitive edge that will allow us to reach our customers and end users in a faster and more effective manner.”

Doan Hong Viet, CEO of Digiworld shared: “Our vision is to empower Vietnam and we focus on bringing in best products with high quality services for the Vietnamese people. This partnership is a positive step towards meeting our growth goals for ICT business segment and enabling our customers to access exclusive power management technologies that are more reliable, efficient, safe and sustainable. We are confident about the opportunities that this partnership will bring to the Vietnamese people and the growth ambitions of both our companies.”

Eaton is a power management company with 2017 sales of $20.4 billion. We
provide energy-efficient solutions that help our customers effectively
manage electrical, hydraulic and mechanical power more efficiently,
safely and sustainably. Eaton is dedicated to improving the quality of
life and the environment through the use of power management
technologies and services. Eaton has approximately 96,000 employees and
sells products to customers in more than 175 countries. For more
information, visit Eaton.com.