Helios Technologies Awarded Electronics Project with Storyteller Overland

Rhea-AI Summary

Helios Technologies (NYSE: HLIO) announced that its subsidiary, Enovation Controls, has commenced manufacturing a range of products, including 10.6-inch displays and power distribution modules for Storyteller Overland. This collaboration aims to enhance vehicle technology in the adventure van market, showcasing Enovation's commitment to innovation and quality. The PV1100 PowerView glass-front display offers superior sunlight visibility and touch sensitivity. The partnership underscores Helios' focus on expanding its footprint in niche markets through innovative solutions.

Positive

• Partnership with Storyteller Overland may enhance market presence in the adventure van sector.
• Launch of high-quality products like the 10.6-inch PV1100 PowerView display could drive sales growth.

Negative

• None.

SARASOTA, Fla.--(BUSINESS WIRE)-- Helios Technologies (NYSE: HLIO) (“Helios” or the “Company”) a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that its subsidiary, Enovation Controls, has begun manufacturing 10.6-inch displays, power distribution modules and harnessing for Storyteller Overland.

“Our mission is to offer the highest quality, most user friendly and innovative class B Adventure Vans in celebration of all things vanlife, overlanding, and adventure travel” said Lee Conn, President, Storyteller Overland. “The decision to work with Enovation Controls relied heavily on their innovative outlook, highly collaborative teamwork and their ability to execute in a timely manner.”

Built with high-brightness and optically bonded LCDs, the 10.6-inch PV1100 PowerView glass-front display delivers best-in-class sunlight viewability. The glass surface provides exceptionally clear images with high-precision touch sensor performance for both finger and glove touches and durable scratch resistance. This powerful family of displays comes equipped with a high-performance processor to deliver seamless full-color graphics, animations, and video playback for a rich user experience.

“Being selected by Storyteller Overland is a true testament to the innovation we offer with our high-performance solutions and our commitment to responsive, highly engaged service” said Josef Matosevic, the Company’s President and Chief Executive Officer. “We look forward to strengthening our relationship with Storyteller Overland by continuing to offer game-changing technology.”

About Storyteller Overland

Storyteller Overland is a Birmingham, AL based outdoor lifestyle brand with a strong, industry-leading presence and reputation for innovation in the burgeoning Class B RV and adventure vehicle manufacturing space. Founded in 2018 by a team of custom vehicle manufacturing veterans and outdoor lifestyle enthusiasts, the company's prime directive is to constantly inspire and equip its growing community of roadtrippers, vanlifers, and overlanders with the proper gear, resources and mindset to "Live Free. Explore Endlessly. Tell Better Stories." Along with its flagship MODE 4x4 adventure van series, Storyteller Overland offers a unique see-through pricing model coupled with a style of customer service and community engagement that provides an unprecedented level of on-demand technical and warranty support for all of its owners out on the open road and beyond. For more information, visit www.storytelleroverland.com or contact Jeffrey Hunter at jeffrey@storytelleroverland.com.

About Helios Technologies

Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information, please visit: https://www.heliostechnologies.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220513005075/en/

Enovation Product/Solutions:

Kati Zumwalt

Director, Marketing

(918) 317-3100

kati.zumwalt@enovationcontrols.com

Helios Investor and Media:

Tania Almond

Vice President of Investor Relations, Corporate Communications and Risk Management

(941) 362-1333

tania.almond@HLIO.com

Deborah Pawlowski

Kei Advisors LLC

(716) 843-3908

dpawlowski@keiadvisors.com

Source: Helios Technologies, Inc.

FAQ

What products is Helios Technologies manufacturing for Storyteller Overland?

Helios Technologies is manufacturing 10.6-inch displays and power distribution modules for Storyteller Overland.

How does the PV1100 PowerView display benefit users?

The PV1100 PowerView display features high-brightness and optical bonding for excellent sunlight visibility and touch sensitivity.

What is the significance of the partnership between Helios Technologies and Storyteller Overland?

The partnership highlights Helios' expansion into the adventure vehicle market, leveraging innovative technology to enhance user experience.

What is Helios Technologies' strategy for growth?

Helios Technologies aims to lead in niche markets through innovative product development and strategic partnerships.