ADDVANTAGE TECHNOLOGIES GROUP, INC. (NASDAQ:AEY) Files An 8-K Other Events
ME Staff 8-k
ADDVANTAGE TECHNOLOGIES GROUP, INC. (NASDAQ:AEY) Files An 8-K Other EventsItem 8.01 Other Events.
ADDvantage Technologies Group, Inc. (NASDAQ: AEY), today announcedchanges to improve the operating strength of its telecommunications segment. As part of an overall strategy to strengthen revenue and profitability in the telco segment, ADDvantage is re-positioning its subsidiary, Nave Communications, as a high-quality option for refurbished telecom equipment, including the repair, testing, and cdertification of equipment. A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is furnished herewith:
Exhibit 99.1
Press Release dated September7, 2018 issued by the Company.
ADDVANTAGE TECHNOLOGIES GROUP INC ExhibitEX-99.1 2 pressrelease_09072018.htm PRESS RELEASE TO ANNOUNCE CHANGES AT NAVE COMMUNICATIONS ADDvantage Technologies Group,…To view the full exhibit click here About ADDVANTAGE TECHNOLOGIES GROUP, INC. (NASDAQ:AEY) ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services a range of electronics and hardware for the cable television (Cable TV) and telecommunications (Telco) industries. The Company provides equipment repair services to cable operators. The Company has two segments: Cable Television (Cable TV) and Telecommunications (Telco). The Company’s Cable TV segment sells new, surplus and refurbished cable television equipment to cable television operators or multiple system operators (MSOs) or other resellers that sell to these customers throughout North America, Central America, South America and to other international regions. The Company’s Telco segment offers its customers a range of used telecommunication equipment across various manufacturers consisting of component parts to expand capacity, provides spares or replaces non-working components. The Telco segment’s switching equipment products originate, terminate and route voice traffic.
