Encycle said it has signed an exclusive licensing agreement with BCC Japan, Ltd.
The strategic alliance between Encycle and BCC enables BCC to grow a massive energy services business throughout Japan utilizing Encycle´s patented Swarm Logicâ¢ technology.
“This partnership opens up an entirely new and significant geographic market for Encycle,” said Robert Chiste, Encycle´s President and CEO. He added, “It provides a perfect fit, benefiting Japanese commercial and industrial electric consumers with powerful energy savings.”
Under the terms of the license, BCC is responsible for marketing, sales, operational support and manufacturing in the Japanese domestic market.
Encycle´s major offices are located in Toronto, Canada, San Marcos, California, and Taunton, United Kingdom.