Leviton Granted Exclusive License to Sell Cheetah USA Technology
Little Neck, NY, February 2, 2009 - Leviton Manufacturing, North America's largest manufacturer of electrical and electronic products, has entered into an exclusive license agreement with Cheetah USA Corp. The agreement allows Leviton to capitalize on Cheetah's innovative technology, including the Cheetah Speed System® that provides a powerful solution that can reduce electrical installation labor costs by over 40 percent.
The unique Cheetah Speed System consists of wall plates and electrical devices that come preassembled with speed anchors that slide into high-strength polycarbonate outlet boxes for fast installation in new home construction. Installers using the system can achieve substantial savings and reductions in labor costs.
Cheetah products are a perfect complement to Leviton's renowned line of switches, receptacles and wiring devices. "We are very excited to have access to Cheetah's technology and look forward to growing the business," said Bob Becker, Vice President and General Manager of the Residential Business Unit. "Our customers will benefit from a system that increases efficiency at a time when working faster and smarter is economically critical. It will give electricians and builders of multi- and single-family housing, hotels and government projects the edge they need in today's tough market."
"Leviton is well positioned to fully maximize and expand the Cheetah system," said Dave Clare, President of Cheetah USA. "There is no question that Leviton is the leader in innovation and quality in the electrical industry. We feel this relationship will deliver significant value to our customers and establish a new standard in laborsaving solutions."
About Cheetah USA
Established in Sandy, Utah, in 2003, Cheetah USA manufactures the Cheetah Speed System, a complete line of electrical outlet boxes, electrical devices and screwless wall plates for residential and light commercial installations. For more information, visit the Cheetah USA Web site at www.cheetahspeed.com.
About Leviton
Founded in 1906, Leviton manufactures over 25,000 products and is North America's leading electrical and electronic wiring device producer. Leviton products are used in nine out of ten homes in the US and Canada, and in commercial facilities, industrial plants and OEM operations. A third generation family owned and operated business, Leviton sets the pace of progress in the industry. For more information, contact Leviton Manufacturing Co., 59-25 Little Neck Parkway, Little Neck, NY 11362-2591, or visit our Web site at www.leviton.com.
