International Advisory Services Ltd. ("IAS"), a consulting firm offering business development services in Asia, Middle East and Eastern Europe, and Amalgamo Inc. ("Amalgamo"), an advisory and capital-sourcing firm, announced today that they had signed an intermediary agreement. By combining their far-reaching international networks of contacts, the two companies will match supply and demand for technology.  Their initial focus will be facilitating transfers to and from China. 

 

While the scope of the IAS - Amalgamo agreement covers many high-tech sectors other than the energy sector, the business partners intend to favor energy-saving projects. "China is the second biggest energy consumer after the US," said André Halley, CEO of IAS, "and the country's 12th Five-Year Plan brings new policies that will favor industrial optimization, restrained energy consumption and tighter environmental assessments". 

 

North American and European traditionally constitute rich pools of R&D and innovation, many of which have been successfully introduced to local markets and have demonstrated their commercial viability.  However, Smart and Cleantech entrepreneurs face a series of new challenges when considering expansion in difficult markets such as the Middle Kingdom. Distance, culture, language and politics are all significant barriers to entry. "Thru IAS, we provide our entrepreneurs with the know-how and the local presence needed for a successful commercial expansion in South-East Asia and in the Middle East", said Stéphane É. Brisebois, Managing Partner at Amalgamo, "IAS's value will go much beyond the identification of qualified acquirers and the matchmaking itself; they will also ensure that a smooth ongoing execution will result from the agreement".

 

International Advisory Services Ltd. is a privately owned corporation based out of Wanchai, Hong Kong, China. 

Amalgamo Inc. (www.amalgamo.com) is a privately owned Canadian Corporation.  

 

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