LWRF.L Regulatory News (LWRF)

JSJS DESIGNS PLC

 (AIM: JSJS)

Debt Agreement

JSJS Designs plc ("JSJS"or "the Company") announces that it agreed a new set of agreements with its key supplier ARC Technology to formalise current arrangements and provide ongoing financial support for the supply of goods. Under the agreements ARC has committed to a long term debt agreement in lieu of monies owed by JSJS. This amounts to circa $1.75M of which $750,000 represents the value of stock held in the UK for sale. The debt is repayable in firm amounts of $20,000 per month starting in October 2013 and by a 10% cash premium on all future purchases of stock from Arc including current UK stock. There is no interest chargeable on this debt.

Under the agreement ARC and JSJS designs will also share the IP of joint developments of products that have been designed together including the LightwaveRF wifi link. JSJS will be due royalties on products sold by ARC to their existing customers which will operate under ARC's own radio protocol eliminating any market conflict. These royalties will again be offset against monies owed.

There are no restrictions on the geographic reach of JSJS designs distribution for the products and the company still intends to build a global brand and distribution network over time.

The companies have been engaged on joint development of most of the JSJS revolutionary LightwaveRF product range since 2009 with ARC supplying hardware expertise and JSJS supplying software, firmware and radio protocol expertise. This agreement formalises this relationship.

Commenting Mike Lord JSJS Chairman and CEO commented "ARC have been a fantastic partner in both product development and commercially over the last 4 years. Together we have created a great range of products and ARC have provided working capital to ensure we establish enough stock to keep our building customer base supplied. This agreement together with the recently announced fundraising leave the company well positioned to take advantage of our new distribution channels also recently announced with a strong long term supply partner"

About JSJS Designs

JSJS Designs 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.