QIMA Has Acquired ETIC, a State-of-the-Art Eyewear Testing Facility in Hong Kong

Acquisition expands QIMA's testing capabilities for the eyewear industry

HONG KONG - March 21, 2017

QIMA (AI), a global quality control and supplier compliance service provider, announced the completion of its acquisition of ETIC (Eyeglass Testing and Inspection Co. Ltd), a leading eyewear testing and inspection company in Hong Kong and China.

ETIC provides product safety and performance testing as well as in-factory inspections for the most famous international fashion brands and leading eyewear retailers in the US, Europe and Asia. It is the only testing laboratory in Hong Kong to hold the HOKLAS accreditation for both ophthalmic products and personal protection equipment. Over the last 10 years, ETIC has become known for its unique technical expertise, becoming the first Hong Kong lab to obtain accreditation for eyewear testing.

"ETIC customers can now benefit from QIMA's full set of quality control and supplier compliance services and our expanded global coverage in 85 countries," said Sebastien Breteau, QIMA's Founder and CEO. "Eyewear is an estimated $100 Billion USD industry, poised to grow double-digit figures over the coming years. Hence, we are very pleased to welcome the unique expertise of the ETIC team within the QIMA group."

"Joining QIMA is a great opportunity for ETIC to develop within a larger group. We are excited to offer our clients more solutions for product quality and supplier compliance as well as wider geographical coverage", said Candia Tse, ETIC's Founder and Managing Director.

ETIC's Hong Kong lab expands QIMA's global product safety offering and complements the company's existing US, Hong Kong and China lab testing facilities.

About QIMA

QIMA (AI) is a leading quality control and supplier compliance service provider that partners with brands, retailers and importers globally to secure and optimize their supply chain. QIMA performs Supplier Audit Programs, Product Inspections and Lab Testing in 85 countries.

With its unique online and mobile management platform for quality control, QIMA guarantees to be onsite within 48 hours of booking, compiling a detailed report available online the same day as the inspection. Headquartered in Hong Kong, QIMA has 20 offices, 4 in-house labs, and over 2,000 employees.

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