Home tech firm LightwaveRF secures global distribution deal
BIRMINGHAM-based home technology supplier, LightwaveRF, has concluded a major new global supply deal.
The company, formerly JSJS Designs, is the firm behind the LightwaveRF connected home platform which enables households and business to remotely operate and control household applications including lighting, heating and security using smartphones, tablets, PC and MAC applications.
The firm, based at Innovation Birmingham, has now concluded an agreement with Neonlite Electronic & Lighting (HK) to distribute the LightwaveRF range of wireless lighting controls to Neonlite’s distribution network across 84 countries under their Ingenium brand.
Under the terms of the agreement Neonlite, which showed the products at the recent Frankfurt and Hong Kong Global Lighting shows, will manage the full sales, marketing and branding of a wireless lighting control product range including the LightwaveRF Wi-Fi hub. This allows real-time remote control and monitoring via the LightwaveRF ‘Internet of things’ Cloud services.
Initially targeting key markets including Germany and France the product is expected to roll out to the full Neonlite network during 2015.
The agreement follows the new LightwaveRF business model with product being supplied for cash ex works therefore requiring no working capital. The detailed commercial agreement and initial sample orders are expected by the end of September.
Mike Lord, LightwaveRF chairman and CEO, said: “We are now focused on international markets as well as the UK and I am pleased that we have had such good progress only a short time later. We expect that the impact of this agreement will substantially grow our existing volumes.”
