In a press release\u00a0 LRP electronic GmbH comments today in the late afternoon the rumours\u00a0 in the market regarding\u00a0 the\u00a0 situation of LRP.\u00a0 Here you can read the complete press release:<\/p>\n
LRP is\u00a0 under full steam and\u00a0 is looking forward to the RC-year 2017 with great joy. A year tightly packed with many fantastic LRP novelties!<\/p>\n
The start was made\u00a0 late December with our\u00a0 World Champion 2016 – the LRP Flow X TC\u00a0spec – which sets new standards in the world of electronic speed controls. The demand\u00a0 is so huge that we are sold out for\u00a0weeks to come. And this was just the start of a\u00a0 fireworks\u00a0 of new products throughout 2017.<\/p>\n
Additionally our important\u00a0 distribution partners\u00a0 HPI Racing, Team Associated and Sanwa announced many exciting\u00a0 products for 2017 to us.<\/p>\n
These novelties will lead to a significant growth for LRP.\u00a0 A growth\u00a0 that needs to be financed. Therefore LRP is\u00a0looking for a\u00a0 partner.<\/p>\n
This brings fresh capital to\u00a0the LRP electronic GmbH\u00a0 to\u00a0 finance the aggressive growth strategy.\u00a0This allows the\u00a0 (strategic) partner\u00a0to be part of the upcoming success. A typical win-win situation for both parties.<\/p>\n
We\u00a0 would like\u00a0 to point out that LRP is financially well positioned short and medium term and that the managing shareholder and founder J\u00fcrgen E. Lautenbach is\u00a0 furthermore the man taking decisions at LRP electronic GmbH.ource: LRP<\/em><\/p>\n
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