LWRF.L Regulatory News (LWRF)

20 June 2019

LightwaveRF plc

(AIM: LWRF)

European distributor order

LightwaveRF plc ("LightwaveRF", the "Company" or the "Group"), the leading smart home solutions provider, is pleased to announce it has received an order to the value of EUR 568,000 from its new European distributor, Tech Data. The Company had previously confirmed its partnership agreement with Tech Data, one of the world's largest technology product distributors, in its recent interim results statement, published on 3 June 2019.

The first order from Tech Data, which is being delivered this quarter, is to principally supply retailers in Germany and the Netherlands with Lightwave's new European Smart range of hubs, dimmers and sockets.

Commenting on the news Chief Executive, Jason Elliott, said: "We continue to work closely with all our distributors but it is incredibly encouraging to see one of our newer partnerships, which is directed to developing our European markets, making such strong early progress with this sizeable first order." 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information:

About LightwaveRF

LightwaveRF plc is the UK's only fully integrated home automation company.

New customers typically buy a starter pack of Link Plus hub and smart dimmer which has Apple HomeKit compatibility, 2-way communication and built-in energy monitoring. Later adding other easy to install devices from the Lightwave range enables further in-home control, monitoring and automation of lighting, heating and power.

Devices may be operated manually, by smartphone or tablet-based apps and also through Google Assistant and Amazon Alexa voice control.

Leading tech industry publication 9to5 Mac describes Lightwave as "the best UK HomeKit solution for smart lighting".

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