InterConnect 2017 & launch of cloudBMS product

20 March 2017

PhotonStar LED Group Plc

InterConnect 2017 & launch of cloud building management products

PhotonStar LED Group Plc (AIM: PSL, "PhotonStar" or "the Group"), the British designer and manufacturer of intelligent lighting and building control solutions, is participating in the IBM InterConnect 2017 Cloud & Mobile Conference, between 19 to23 March 2017 in Las Vegas, USA. The Group also announces the commercial availability of the halcyon cloudBMS product from 1 April 2017.

At IBM Interconnect 2017, PhotonStarTM will be presenting a talk outlining the key features of cloudBMSTM, a new cloud based solution that delivers an Internet of Things ("IoT") 'building management system as a service'.

The new solution is built on the second generation of its low cost retrofit-able wireless monitoring and control platform, halcyonPRO2™. The new halcyonPRO2TM adds regulation of heating and cooling, shading and power management to the proven lighting control and environmental sensor network already in use in the first halcyonTM product. CloudBMSTM, halcyonPRO2TM and cloud based analytics combine to deliver a capable, scalable and secure Building Management System as a Service (BMaaS™) solution at a price point that enables owners of small to medium sized businesses to reduce energy and operating costs and realise new insights into their operations. One of the key features of CloudBMSTM is the sharing of device data with Asset Management software packages such as IBM asset management packages Tririga and Maximo.

The paid for trials for halcyonPRO2TM and halcyon cloudBMSTM, are still under evaluation by customers, with several new trials being installed during Q4 2016, as announced in the Trading Update released on 30 January 2017. Currently there are 9 trial customer sites enabled with cloudBMSTM and the Group will make further announcements regarding the trials as appropriate.

Dr James McKenzie, CEO of PhotonStar, said:

"We are delighted to be participating in this prestigious event. PhotonStar's halcyonPRO2 and now cloudBMS have an exciting role to play as a secure, scalable platform for real world commercial Internet of Things applications in building management.

Ongoing trials of halcyonTM and the cloudBMSTM product remain the focus of the Group's future growth strategy".

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

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About PhotonStar LED Group Plc

PhotonStar LED Group Plc is a leading British designer and manufacturer of intelligent lighting and building control solutions. The Group's proprietary technology halcyon™ is a scalable, secure wireless IoT platform for retrofit into commercial buildings, for energy reduction, asset monitoring & control, and real time environmental, behavioural and energy insights.

PhotonStar is based in Romsey, Hampshire with a manufacturing facility in Wales.