BRIEF-Nippon RAD says business and capital alliance with Advantech

March 30(Reuters) - Nippon RAD Inc

* Says it signs a business and capital alliance contract with AdvantechCo., Ltd, on March 30, regarding IIoT area

* Says it will issue 850,000 new shares via private placement to Advantech Co., Ltd

* Shares acquisition date on April 27

Source text in Japanese:goo.gl/3WEs8Y

Further company coverage: (Beijing Headline News)