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History of APW President Systems Ltd.

1981 - APW President Systems Limited incorporated in 1981 as President Systems & promoted by Mr. Ashok Kunte. It manufactures enclosure systems in India & internationally. It offers floor-standing aluminum or steel cabinets, & accessories, & card frames & instrument cases, as well as accessory items.

1996 - On the back of sustained growth, a joint venture was formed with Vero Electronics of UK. This resulted in the formation of Comp. Vero President Systems Ltd which in 1996 becomes a public limited company. After two years APW [Applied Power Incs] of US had bought Vero Electronics & that led to change in the name from Vero President Systems ltd to APW President Systems Ltd.

2003 - Comp. received 'MAIT' award for excellence in Exports of IT related products.

- The new website of APW President Systems Ltd comes online.

- The Comp. launched a project on August 2003, to add 65,000 sq ft of manufacturing space on an adjoining 2.8 acre plot at Attibele, Bangalore.

- APW President participated in the Wescon 2003 exhibition held from 12 - 14th August at Mascone Center, San Francisco USA.

2004 - APW President received the first orders for CoolRack for 10 units from ITC Ltd., Kolkata for their Data Center & 8 units from ITC Bangalore for their Disaster Recovery Centre.

- APW President Systems Ltd was rewarded by Avocent International with the 'Top Sales Growth' award at Avocent Asia Pacific Partners Conference 2004.

- Further the Comp. was awarded with the Certificate of Excellence for Best Support by NCR Corporation [Is] Pvt Ltd in 'Localizing' the parts for ATM manufacturing with quick speed & expected level of performance during the year 2003.

- Company Industrial Cabinet Series 36 was tested at the National Test System [NTSs] in California on 20th July 2004 & after that certified as Earthquake Proof.

- The Comp. celebrated its first 'President Day' with great passion.

2005 - Equity shares of Comp. got listed for trading on Bombay Stock Exchange under 'S' Category [BSE-INDONexts] from 7th January 2005.

- On 12th February APW President Systems Ltd take over the control of new office space, for Head Office & Mumbai Sales office, at Technopolis Building on Mahakali Caves Road, Andheri East.

- With an investment of Rs.11 crores, APW President had expanded its 55,000 sq ft manufacturing facility at Bangalore by 65,000 sq ft, which includes the latest manufacturing technologies.

- APW President had launched its expansion project at Pune. It had acquired a plot, measuring 1788 sq mts attached to its existing manufacturing facility at S-73.

- On November 2005, NCR honored APW President Systems Ltd with the Certificate of Merit for 'Best Support for Pick Module Localization'.

2006 - APW President had recorded highest sales among all distributors in APAC region for year 2005 & were awarded a trophy at a conference held in Bangkok.

- The Comp. had launched during the year 2006, three new products for networking segment, which are 4-Post Open Frame Rack, Ecosmart & Tablerack.

APW President New Business Division launched a Touch Screen enabled Demo Kiosk with in-house applications in July 2006.

- APW President completed 25 years. To mark the day 25th anniversary medallions were distributed to all employees.

2007 - APW President expanded the capacity of its manufacturing unit at Pune from 23,500 sq ft to 43,500 sq feet. Inauguration of new Manufacturing Facility at Pune was on 14th January.

- On June 2007 APW President established a wholly owned subsidiary Comp. APW Systems MEA [FZCs] L.L.C. in the SAIF Zone, Sharjah, UAE.

- With the installation of Welding Robot the Comp. introduced new ground for enclosure industry.

- The board of directors of Comp. had approved on 30th July 2007, the expansion of its Bangalore plant with a capital expenditure of Rs 10 crores.