Last checked at 10 Dec 2009 16:12
10 December 2009
Dialight plc
Dialight announces major European order for LED traffic signals
Dialight to supply energy saving retro-fit LED traffic signals to the Turkish market.
Applied LED lighting technology specialist Dialight plc (LSE: DIA.L) today announced that it is to supply 20,000 of its state-of-the-art, central light source LED traffic signals to the Turkish market. Initial shipments have already commenced and will continue into 2010. While this order is substantial, it represents only a small percentage of the region's installed base of traffic lights which represents a significant market opportunity for the Dialight Signals and Illumination business.
Offering up to ten years' life expectancy, Dialight's LED traffic signals deliver major savings for local authorities by reducing the need for expensive maintenance and avoiding the disruption to traffic that is inevitable with signal maintenance. Using less than 10 watts in comparison with the 50 watts used in signals by the average bulb, the LED units also significantly reduce power consumption and carbon emissions.
Dialight CEO, Roy Burton, comments: "I am delighted to announce yet another significant order for our central light source LED traffic signal products. This reinforces the clear message that our cutting edge LED technology is being accepted around the world for the immediate and long term value it can deliver."
Contacts
Roy Burton - Group Chief Executive
Cathy Buckley - Finance Director
Dialight PLC
Tel: 01480 447490
Simon Bridges
Canaccord Adams Limited
Tel: 020 7050 6500
Robert Speed
Kreab Gavin Anderson
Tel: 020 7074 1800
Email: dialight@kreabgavinanderson.com
Notes to editors
Dialight plc (LSE: DIA.L)
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 luminaires are also produced for more general commercial, industrial and outdoor situations.
Dialight consists of two business segments:-
Signals/Illumination
Which includes Traffic and Rail Signals, Obstruction Lights and Solid State Lighting
Components
Comprising Light Emitting Diode ("LED") Indication Components and Electromagnetic Disconnects ('smart' meter disconnect switches)
The company is headquartered in the UK with operating locations in the UK, USA, Germany and Mexico. More information is available at www.dialight.com.
Cautionary statement
This Trading Update contains certain forward-looking statements which have been made by the Directors in good faith using information available up until the date they approved the statement. Forward-looking statements should be regarded with caution as by their nature such statements involve risk and uncertainties relating to events and circumstances that may occur in the future. Actual results may differ from those expressed in such statements, depending on the outcome of these uncertain future events.
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