4 Jun 2014 16:35
4 June 2014
PhotonStar LED Group plc
Posting of Annual Report and Accounts
PhotonStar LED Group plc (AIM: PSL, "PhotonStar" or "the Group"), the British designer and manufacturer of smart LED lighting solutions, announces that it has posted to shareholders Notice of the Group's Annual General Meeting, to be held at Unit 2, The Gateway Building, Tredegar Business Park, Tredegar NP22 3EL on Monday 30 June 2014 at 10.30am. This document is available on PhotonStar's website: www.photonstarled.com
For further information:
PhotonStar LED Group plc (www.photonstarled.com) | +44 (0)2381 230381 |
James McKenzie - Group Chief Executive | |
Russell Banks - Group Chief Financial Officer | |
finnCap | +44 (0)20 7600 1658 |
Geoff Nash/Charlotte Stranner (Corporate Finance) | |
Victoria Bates (Corporate Broking) | |
Instinctif Partners | +44 (0)20 7457 2020 |
Adrian Duffield/Kay Larsen |
About PhotonStar LED Group PLC
PhotonStar LED Group plc is a leading British designer and manufacturer of intelligent lighting solutions. The Group's proprietary technology HalcyonTM is a connected lighting platform that includes hardware and software for wireless, microprocessor controlled retrofit LED lighting and control systems, optimised for energy saving, circadian and data-centric applications.
As light is needed wherever there are people, the HalcyonTM platform can also provide a connected grid that will enable rich data collection, as well as an ecosystem to enable other devices to operate simply and more effectively as part of the so-called Internet of Things. The Group is working with partners on ways of using the HalcyonTM system to deliver new business models and solutions based on light as a service, behavioural insight and cloud services and with developers of standalone hardware items that will utilise Halcyon's local IoT infrastructure to optimise their functionality.
PhotonStar's ChromaWhite light source technology within HalcyonTM is optimised for "Circadian," or non-visual effects of light on humans. The Group is currently working with partners to deliver low-cost lighting solutions that can help improve productivity, health and wellbeing in healthcare facilities, schools, workplaces and homes.
The Group also provides fixed white LED lighting products for a range of commercial and architectural applications.
PhotonStar comprises two divisions: PhotonStar LED Ltd, which works with lighting designers, architects, house builders, facilities management companies and sustainability consultants to provide intelligent, high-end, recyclable LED lighting solutions for the commercial and architectural market which is expected to see rapid adoption of the new Halcyon ecosystem; and PhotonStar Technology which provides LED lighting solutions for specialist applications such as film & television production lighting, UV curing and medical applications.
Photonstar has won awards for performance, innovation and reliability, with its flagship light source technology ChromaWhite winning the Lighting Association's 'Light Source of the Year' Award for two consecutive years. The Group was also awarded the UKTI's Business Innovation Award for Energy and Environment in 2010 for a commercial lighting solution with embedded sensors and microprocessor control.