Famic Technologies and Yalong Education Equipment Joint-Stock Partners Once Again to Enter New Markets in Asia (Shanghai, China), November 22, 2016 Famic Technologies Inc., renowned developer of Automation StudioTM, announces its expanded distribution agreement with Yalong Education Educational Equipment Joint-Stock Co., Ltd., to include the distribution rights of Automation StudioTM P6 Professional Edition to be sold in China. Since 2015, Yalong Education and Famic Technologies have been progressively developing the educational market in southern China, cementing the brand name of Automation StudioTM in the emerging economies of this region. Based on their success and positive growth, Famic and Yalong Education decided to enter the Chinese professional market, adding another significant expansion of their original agreement. Yalong Education’s future industrial customers will be able to design, test, validate, train and troubleshoot virtual machines and optimize their entire workflow of a product/project lifecycle with Automation StudioTM Professional Edition,a complete trade-oriented system design and simulation software in the fields of fluid power, electrical and automation. The new partnership also provides Famic Technologies the ability to leverage Yalong Education’s technical strength for sales, training and support services in China. Charbel Nasr, President of Famic Technologies, states, “Expanding the distribution agreement with Yalong Education to include both, Automation StudioTM for Educational and Professional editions marks the success of our collaboration in China. This agreement will not only help us to grow in Engineering and Industrial Automation Software industry in China, but will enable improved training and support practices throughout for this important market.” Jiquan Chen, President of Yalong Education says, “In the past year, based on our training equipment and Automation StudioTM Educational Edition, we have developed fluid power, automation, and electrical teaching resources that adapts to the modern educational requirements. Now, with the addition of the Automation StudioTM Professional Edition,we will be able to satisfy the needs of both the research in educational institutes and the system design and machine oriented training, documentation, diagnostics and maintenance, in companies. Thanks for Famic’s trust in Yalong’s capabilities, we will be dedicating teams of engineers to the promotion of both Automation StudioTM Educational and Professional editions in the Chinese market with our expertise.”