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The OLITEC story The story of OLITEC is a very successful one, but one which has a very sad background. 18 year old Olivier Lejeune had a great aptitude for all things electronic and technical. In addition to this expertise he had a talent as an entrepreneur. In 1985 Olivier constructed an innovative and low cost modem. A new manufacturing method made it possible to drastically reduce production costs. At that time a similar modem cost approx. 10000 FRF - Olivier Lejeune's modem could be sold for 1700 FRF Olivier's birthday present from his parents was most unusual - two pages of advertising in a computer magazine! Olivier placed an advertisement for his newly developed modem and the response to the advert was overwhelming. Indeed it set the foundation for the start-up of a company to market the modem and for future expansion. The company that was up to that point in time run in a garage where all friends and family helped, soon moved into an industrial park in Nancy. 1985 saw the official foundation of OLITEC in Nancy, France. (The company name stems from Olivier + technology.) The tragic death of Olivier Lejeune in an airplane crash in 1988 could have meant the end of his company. However, in true belief of Olivier's accomplishments on the market, his mother, Jacqueline Lejeune, gave up her own profession and took over the management of the company. She has lead OLITEC to its successful position in the market today. |
| The tragic death of Olivier
Lejeune in an airplane crash in 1988 could have meant the end of his
company. However, in true belief of Olivier's accomplishments on the
market, his mother, Jacqueline Lejeune, gave up her own profession
and took over the management of the company. She has lead OLITEC to
its successful position in the market today.
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OLITEC - a quick introduction
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OLITEC is a leading designer and manufacturer of modems and communication software. In 1998 OLITEC manufactured a total of 805,000 modems in their own production facilities in Nancy, France. Total turnover in 1999 amounted to 318 159 492 French francs. In France, OLITEC, which was founded in 1985, holds a very strong market position with a share of 42,8 % (according to a study of market researchers IDC). This leading market position and the technological innovation were the key factors for OLITEC's success, putting OLITEC in a powerful position to launch business activities into further countries. Today, OLITEC is active in America, Great Britain, Germany, Italy, in Switzerland and Belgium, creating and underlining its reputation as a supplier of an innovative, economically-priced wide range of products. For the past 10 years, OLITEC and its engineers have been in full control of the design and manufacturing of the company's telecommunication products. Olitec is the only French manufacturer to develop its telecommunication and fax software in-house. Olitec has always been at the forefront of new technologies, with the launch of the first standalone modem in 1996, the launch of a new concept with the SmartMemory modem and SmartMedia card in 1998, and the design of the only cordless modem using DECT technology in 1999 - the WaveMemory. Olitec boasts a strong presence on the integration market and will be reinforcing its position with the arrival of ADSL. With its world-wide reputation, Olitec partners with top access providers .The company's policy has always been aimed at making new technologies available to the greatest number of people. As an ultra-modern, ISO 9002 certified company, Olitec is continuing to develop and gain market shares. |
OLITEC at a glance
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©OLITEC 2000 Olitec.com