20th Feb 2013 07:00
JSJS DESIGNS PLC
(AIM: JSJS)
Maplin Store Rollout
JSJS Designs Plc ("JSJS" or "the Company"), the home automation specialists, announces the commencement of a store rollout by Maplin, the specialist electrical and electronic retailers ("the Rollout"). This Rollout follows a successful internet sales trial by the retailer.
To begin with the JSJS Lightwave product range will rollout to 20 Maplin stores ("the Initial Rollout") with a stocking order of over £30,000 having been received and the potential to generate annual revenues of approximately £300,000. Following the Initial Rollout, if deemed successful by Maplins, the Rollout could continue into another 195 Maplin stores. The Directors believe that revenues of around £15,000 per annum may be achieved through each store rollout.
Commenting on the launch Mike Lord JSJS Chairman and CEO said
"Retailers remain cautious of new product introductions and the Rollout by Maplin has taken significant planning and development of the right in store merchandising to best support the product. We are confident that Maplin is very well placed to make a real success in our market sector and its progression from the internet trial to store rollout shows great confidence in our technology and products. "
Contacts: | |
JSJS Designs Plc | www.jsjsdesigns.com |
Mike Lord, CEO | +44 (0) 1902 500 562 |
WH Ireland Limited | www.wh-ireland.co.uk |
Mike Coe / Marc Davies | +44 (0) 117 945 3470 |
About JSJS Designs
JSJS Designs develops home automation systems to enable consumers to remotely operate everyday household appliances such as lighting, heating, air conditioning, door entry, audio, video and security. The Company is targeting the potentially significant mass market as consumers increasingly seek to "retro-fit" smart home technologies into their homes and, in the longer term, the "extra care" residential market where there is demand from the providers of such schemes to enable independent living for the elderly and physically immobile.
Related Shares:
LWRF.L