Primech AI Announces Distribution Agreement To Expand HYTRON Into South Korea, Expected To Generate ~$4.08M In Projected Revenue Over Three Years

Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (NASDAQ: PMEC), has announced a distribution agreement to expand its HYTRON product into South Korea. This partnership is projected to generate approximately $4.08 million in revenue over three years, with the distributor handling localized marketing, sales, and support. The agreement includes an initial trial phase, potentially leading to an exclusive multi-year distribution arrangement based on market validation.