Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Rollout of LightwaveRF product range

23rd Apr 2012 07:00

RNS Number : 7973B
JSJS Designs PLC
23 April 2012
 

JSJS DESIGNS PLC

 (AIM: JSJS)

 

Rollout of LightwaveRF product range to City Electrical Factors

 

JSJS Designs plc ("JSJS" or "the Company"), AIM listed specialists in design, development and manufacturing of home automation systems, today announces the commencement of the rollout of its innovative Lighting and Electrical Smartphone controlled LightwaveRF product range to City Electrical Factors ("CEF"). The rollout will target its 400 CEF branches over the next 18 months.

 

CEF are the largest specialist electrical wholesaler in the UK, accounting for approximately 20% of the specialist electrical wholesaler market. JSJS expects that the initial product rollout will be worth up to £250,000 of revenue over the remaining financial year. Should the product line be established, it is expected that this supply agreement could be worth in excess of £2 million per annum. JSJS continues to target other multiple and independent wholesalers which it sees as a major sector to achieve management's revenue targets over the next few years.

 

Commenting, Mike Lord, Chairman and CEO, stated: 

 

"The CEF deal continues the momentum of our product rollout phase following the successful rollout of deals with Siemens, Kingfisher Group and Maplin during the last six months. We are delighted to have attracted big household names to our product range, and continue to talk with other retailers with the aim of increasing market penetration."

 

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 (Corporate Finance)

+44 (0) 117 945 3470

Yellow Jersey PR

www.yellowjerseypr.com

Dominic Barretto

Harry Fielder

+44 (0) 7768 537 739

+44 (0) 7747 788 221

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBKKDQQBKDDQB

Related Shares:

LWRF.L
FTSE 100 Latest
Value8,275.66
Change0.00