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Material Contract Win

10 May 2007 07:01

Enfis Group PLC10 May 2007 10 May 2007 Enfis Group plc ("Enfis" or "the Company") Material Contract Win Enfis, which designs, develops and manufactures intelligent high-power lightemitting diode (LED) arrays and smart light engines, is pleased to announce ithas signed a material five year contract with a leading French medical devicescompany. Under the terms of the contract, Enfis will supply smart LED light engines foruse in phototherapy medical devices. Enfis' UNO light engines will form the keycomponent of a new range of devices, which will add to an existing range ofhalogen based products. Sales of the new range are expected to build slowly in the first two years afterlaunch, with volumes increasing significantly in subsequent years as the marketpresence of the new range grows. The customer, which cannot be named for reasons of confidentiality, is asignificant niche medical devices company based in France. Commenting, Shaun Oxenham, CEO of Enfis, said: "We are extremely pleased to have signed this contract. Our UNO light engineswill form part of a new product range, so we expect sales in the first couple ofyears to build gradually and then ratchet up there after. The contract alsodemonstrates the versatility and quality of light output from our smart lightengines and their ability to be used in many different applications, fromstandard and specialist lighting fixtures to advanced medical devices." -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 / Graeme Bayley Pelham Public Relations Tel: 020 7743 6679Archie Berens / Philip Dennis This information is provided by RNS The company news service from the London Stock Exchange
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