BOU.L Regulatory News (BOU)

16 Apr 2008 07:00

Enfis Group PLC16 April 2008 Enfis Group plc ('Enfis' or the 'Company') Distribution Agreements in North America and Europe Enfis, which designs, develops and manufactures intelligent high-power lightemitting diode (LED) arrays and smart light engines, is pleased to announce thatit has signed two significant distribution agreements in North America andEurope with Edmund Optics and Silica respectively. These latest agreements strengthen the Company's existing global distributionnetwork and provide a greater outlet from which to target end users for itsrange of products in North America. Silica is owned by Phoenix-based Avnet Inc. which is listed on the New YorkStock Exchange with revenues in excess of $15bn. Operating from 36 branches,Silica is the third largest semiconductor distributor in Europe. Silica will beemploying more than 300 of its direct sales personnel to distribute Enfis'products rather than via catalogue sales. Edmund Optics has been a leading supplier of optics, imaging and photonicstechnology to industry since 1942. Supporting the electronics, semiconductor,pharmaceutical and biomedical markets, Edmund Optic's state of the artmanufacturing capabilities combined with its global distribution network hasearned it the position of the world's largest supplier of off-the-shelf opticalcomponents. Shaun Oxenham, CEO of Enfis, commented: "Since coming to market we have identified the need for a comprehensive globaldistribution network from which to deliver our products and these two agreementsmark the culmination of this strategic goal. With a network of 18 distributorsin place, management can now increase its focus on direct sales to bothintegrators and lighting companies and is already in discussions with a numberof parties." "As legislation for energy efficient and non-toxic lighting products continues to increase the Board views the future with confidence." - ENDS - Enquiries:Enfis Group plc Tel: 01792 485660Shaun Oxenham, Chief Executive OfficerGiles Davies, Chief Financial Officer Noble & Company Limited Tel: 020 7763 2200John Llewellyn-Lloyd / Andy Yeo Threadneedle Communications Tel: 020 7936 9605Graham Herring / Josh Royston About Enfis Enfis is a global leader in the design, development and manufacture ofintelligent, high-power light emitting diode (LED) light engines and arraysacross a wide range of wavelengths. With a global headquarters in the UK, andcarefully chosen specialist partners and distributors, its unique range ofplug-and-play, 'straight from the box' light engine solutions are manufacturedand sold around the world. Using cutting-edge technology developed via an enviable academic heritage andfollowing a successful flotation on the London Stock Exchange, Enfis continuesto lead the way in enabling smart, efficient solutions for Solid State Lighting. This information is provided by RNS The company news service from the London Stock Exchange