Dialight plc
("Dialight" or "the Company")
Maiden order secured for new Cellphone Tower Remote Monitoring and Lighting system
1st August 2013
Dialight plc is pleased to announce that it has received its first order from a major operator in North America for its new Cellphone Tower Remote Monitoring and Lighting system.
This order is for an initial three months call-off with further orders expected from this customer in 2013 and future years as they convert their tower inventory to Dialight's new system. The initial order is valued at just less than $1m.
Roy Burton, CEO of Dialight said: "These orders demonstrate the progress that Dialight has made both in developing our new Cellphone Tower Remote Monitoring and Lighting system and selling our products and services outside of the United States. We are encouraged that our new system will drive growth in our Obstruction business in North America and further orders should see a return to growth for this business."
For further information:
Dialight plc
Roy Burton - Group Chief Executive
Mark Fryer - Group Finance Director
Tel: +44 (0) 1638 778640
Canaccord Genuity Limited
Simon Bridges
Tel: +44 (0) 20 7523 8000
Kreab Gavin Anderson
Robert Speed
Tel: +44 (0) 20 7074 1800
Email: [email protected]
About Dialight
Dialight plc 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 luminaries are also produced for more general commercial, industrial and outdoor situations.
Dialight comprises the following business segments:
· Signals which addresses the increasing demands for Energy Efficient signalling solutions through the use of high brightness LEDs and utilisation of a number of associated technologies. Areas of business include Traffic Signals, Obstruction Signals
· Lighting 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 are Solid State Lighting products for Hazardous and Non-Hazardous Industrial application.
· Components whose sales are primarily to Electronics OEMs for status indication and residual disconnect components for automotive and niche industrial application
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, Denmark, Japan, Australia and Mexico. More information is available at www.dialight.com.
