Jeetek expects to achieve sales of AED half billion in 2011 fuelled by rising demand for smart technologies and accessories

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(Free-Press-Release.com) November 1, 2011 -- October 31, 2011
Jeetek, a leading distributor of lifestyle technology products in the Middle East and South Asia, has announced that it expects sales to grow by 50 per cent reaching AED 500 million this year, driven by robust demand for smart technologies in the GCC and a sustained boom in Pakistan and South Asian markets. Strategic partnerships with power retailers such as Virgin Megastore and many other retailers have likewise contributed to the growth of company’s sales, especially in the UAE.

Jeetek further revealed that it has made major inroads in Pakistan with leading brands such as Nokia, while Thumbs Up, STK and other products distributed in the GCC are gaining unprecedented attention from consumers. Jeetek is an authorised distributor for Nokia in Pakistan, while it has recently signed an agreement to be the official distributor in the Middle East of UK-based manufacturers Thumbs Up and STK brand from Santok.

Jihad El Eit, CEO & Founder of Jeetek, said: “It has been a phenomenal year for Jeetek as we are on track to achieve new record sales figures. Our strategic partnerships with leading brands and power retailers and our new product offerings have allowed us to expand our market coverage in the region, sustaining our growth plans and giving us the momentum to pursue our aggressive expansion programs for next year. Jeetek’s continuing focus on delivering quality, innovative and original lifestyle products and technologies has certainly been a key factor that has allowed us to stand out and strengthen our presence in key high-growth markets. Looking ahead, we have several exciting product announcements to make. For instance, at the GSMA Mobile World Congress in Barcelona, Spain in February next year, we will be launching an array of technology and lifestyle products.”

Jeetek is exclusive distributor of products manufactured by Thumbs Up, including chargers, wireless cameras, underwater cameras, TV digital photo key ring, neon travel alarm clock and other novelty items. Jeetek also distributes the latest Santok branded products such as a wide array of accessories for the iPad, iPhone, Bluetooth devices, Blackberry and portable music players, a premium selection of screen protectors and other consumer electronics products.