February 9, 2015

RSS signs significant distribution agreement with the Goldschmidt Thermit Group.

At the Innotrans 2014 in Berlin a distribution agreement has been signed for the exclusive sales of the RSS innovative magnetic based safety barrier system. The Goldschmidt Thermit Group is the recognized and proven supplier worldwide for products and services for the construction, renovation, maintenance and modernization of railway tracks. In addition to RSS being active in the main European markets, the Group will further enhance the availability of the magnetic barrier system on a worldwide scale. The CEO’s of both the Goldschmidt Thermit Group and Rail Safety Systems announced at the Innotrans 2014 the importance of this strategic alliance. The German based company emphasized that the combination of the RSS innovative system with GT’s worldwide distribution power is an important step in achieving its mission to do everything better, to improve existing processes and develop new ones. Again an important milestone in RSS rapid market expansion.

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