14 Mar 2012 07:00
14 March 2012
JSJS DESIGNS PLC
(AIM : JSJS)
AGM Statement
At the Annual General Meeting of JSJS Designs Plc ("JSJS" or "the Company") which is to be held today at 10a.m. at its head office at Birmingham Science Park, Faraday Wharf, Holt Street, Birmingham B7 4BB, Mike Lord, Chairman and CEO, will make the following statement:
"Pursuant to the Company's announcement on 23 January which reported maiden first quarter profitability, the Company's move from development to market phase and receipt of the first licence fee order worth £300,000 from Electrium Sales Limited, I am pleased to update on further progress made in the interim period.
"The Company has agreed terms with Maplin Electronics, the electrical retail specialist, to distribute JSJS' products on its website, with a view to offer the JSJS' suite of products to select stores nationwide. It goes without saying that the Board is excited to be working with such a prestigious consumer-focused organisation and looks forward to a strong on-going relationship.
"The Board is also pleased to announce today that it has secured two new distribution agreements which will provide for distribution of JSJS products into the key international territories of Australia and Singapore. I look forward to updating the market on our further achievements in due course."
Contacts:
| ||
JSJS Designs Plc | www.jsjsdesigns.com | |
Mike Lord, CEO
| +44 (0) 1902 500 562
| |
WH Ireland Limited | www.wh-ireland.co.uk | |
Marc Davies / Mike Coe (Corporate Finance) Sebastian Wykeham / Ruari McGirr (Institutional Sales) | +44 (0) 117 945 3470 +44 (0) 20 7220 0473 | |
Yellow Jersey PR Limited | www.yellowjerseypr.com | |
Dominic Barretto Harry Fielder
| +44 (0) 7768 537 739 +44 (0) 7747 788 221 | |
About JSJS Designs Plc
JSJS develops home automation systems to enable consumers to remotely operate everyday household appliances such as lighting, heating, air conditioning, door entry, audio, video and security. The Company is targeting the potentially significant mass market as consumers increasingly seek to "retro-fit" smart home technologies into their homes and, in the longer term, the "extra care" residential market where there is demand from the providers of such schemes to enable independent living for the elderly and physically immobile.