National "Smart Grid" Supply

RNS Number : 8775P

Dialight PLC

26 July 2010

 



26 July 2010

Dialight plc

Supply Agreement for the Advancement of National "Smart Grid"

       
Dialight plc ("Dialight"), an innovative global leader in LED lighting technology, announces the signing of a supply agreement for its PowerPulse ANSI 200-amp disconnect/reconnect load switch.

This agreement with a new Dialight customer, one of the major North American metering companies, is initially for three years and is in direct support of the United States Advanced Meter Infrastructure Initiative, a program to deploy "smart" metering across the "smart grid" nationwide.

In the United States mass conversion has begun with more than 100 million domestic electricity meters being potentially upgraded to "smart metering".

Dialight CEO, Roy Burton, commented: "We are pleased to have this extended agreement in place, and see it as endorsement of our technological capabilities in this highly safety conscious and challenging market. Although there is no indication of order volume at this stage, the company views this opportunity as a great next step to command significant share of this emerging market."

For further information:   

Roy Burton, Group Chief Executive and George Ralph, Interim Group Finance Director, Dialight plc

Tel: [phone] 

Robert Speed, Andy Jones Kreab Gavin Anderson

Tel: [phone], [e-mail] 

About Dialight

Dialight is leading the lighting revolution for industrial users across the world. Applying leading edge LED technology it produces retro-fittable lighting fixtures designed specifically for hazardous locations, obstruction lighting, traffic and rail signalling to vastly reduce maintenance, save energy, improve safety and ease disposal. Versions of these high specification luminaires are also produced for more general commercial, industrial and outdoor situations.

Dialight comprises the following business segments:

·  Signals/Illumination which addresses the increasing demands for Energy Efficient Lighting solutions through the use of high brightness LEDs and utilisation of a number of associated technologies. Areas of business include Traffic and Rail Signals, Obstruction Lights and Solid State Lighting products.

·  Indication components whose sales are primarily to Electronics OEMs for status indication; and

·  Electromagnetic components which supplies smart meter disconnect switches which are used by utility companies to manage remotely electrical supply to residential and business premises 

The company is headquartered in the UK and listed on the London Stock Exchange (LSE:DIA.L,GB0033057794) with operating locations in the UK, USA, Germany and Mexico. More information is available at www.dialight.com.

 

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