JSJS Designs' Shares Jump On Product Launch Announcement

LONDON (Alliance News) - JSJS Designs PLC saw its shares jump to the top of AIM Thursday after the company announced the launch of its Heating Product Range under its existing LightwaveRF brand.

The home automation system developer said that a stocking order worth over USD800,000 from UK distributor Megaman has already been logged, marking the launch, with the range available in the UK ready for launch in April.

The Heating Product Range can control each radiator or heater on an individual basis, using JSJS's LightwaveRF Apps and web Apps which are usable on an internet connected smartphone, PC, Mac, or tablet.

The new heating system has already been installed under a Technology Strategy Board grant project in partnership with Warwick University. Currently in 20 rooms, the trial is expected to roll out to over 200 rooms during February.

Shares in JSJS Designs were trading at 0.895 pence per share, up 15.48% Thursday morning, one of the leading stocks on AIM.

By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance

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