JSJS Designs boosted by Siemens contract

HOME automation and lighting manufacturer JSJS Designs has secured a major licensing contract with Electrium Sales Ltd, the UK consumer electronics division of Siemens.

Under the deal Electrium will re-sell JSJS products under the Siemens brand exclusively into B&Q and ScrewFix owner, the Kingfisher Group.

Investors reacted well to the announcement and at one stage the AIM-listed firm saw its shares gain almost 30% before falling back.

JSJS will receive a significant royalty fee for the licensed products including an advance of £300,000 on receipt of the first order from Kingfisher Group.

The agreement runs initially for three years with an option to extend.

JSJS, based at Birmingham Science Park Aston, said the agreement was the result of a two year process that has seen Siemens selecting products from a range of items within the JSJS technology portfolio.

The products allow consumers to remotely operate, via iPhone or other smartphone applications, everyday household appliances, such as lighting, heating, air conditioning, door entry, audio, video and security.  

The products, which come in the form of light switches, dimmers and mains power sockets are based on JSJS’ Radio Frequency (RF) LightwaveRF technology and are specifically designed for consumers seeking to retro-fit smart home technologies.  

As well as increased functionality and flexibility, the products enable independent living for the elderly and infirm and help consumers save energy and costs.

John Shermer, JSJS chief executive, said the agreement represented a “major endorsement of the company’s technology” from a global giant that has the world’s leading building management systems.

He said the agreement also validated both the technology and its commercial potential and the company was now hopeful of attracting other leading buyers to its LightwaveRF technology.

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