Wednesday, April 28, 2010

Dialight - Acquisition of BTI Light Systems A/S ("BTI")

Dialight - Acquisition of BTI Light Systems A/S ("BTI")

28-APR-2010

Dialight plc, the UK based leader in applied LED technology, announces the acquisition of BTI Light Systems A/S ("BTI"), a Danish company offering signaling and safety equipment for the wind, marine and airport industries. BTI is being acquired from its management for a total consideration of DKK 26m (£3.0m), DKK 18m (£2.1m) of which is payable in cash with the remainder in Dialight shares.

Operating out of Copenhagen, BTI's product portfolio comprises obstruction lighting and aids to navigation for both onshore and offshore wind turbines and airports. In its most recent audited accounts for the year to 30 September 2009, BTI reported revenues of DKK 32.1m (£3.7m), an EBIT of DKK 3.8m (£0.45m), a profit after tax of DKK 2.8m (£ 0.3m) and gross assets of DKK 15.2m (£1.8 m). The acquisition is expected to be earnings accretive in 2010. The Chief Executive of BTI, Mr. Max Hansen, will remain with the business for a period of at least two years.

To satisfy the share based element of the consideration, application has been made to the UK Listing Authority and the London Stock Exchange for 360,730 ordinary shares of 1.89p each to be admitted to the Official List and to trading on the Main Market of the London Stock Exchange.

These shares rank pari passu with the existing issued shares of the Company and dealings are expected to commence on 4 May 2010. Following admission, the Company will have 31,600,231 ordinary shares in issue.

Commenting on the acquisition Roy Burton, Chief Executive of Dialight plc, said:

"The acquisition of BTI enhances Dialight's rapidly growing signaling business, providing a strong channel to the growing European Offshore Wind market. This complements Dialight's already significant North American penetration of the Wind Turbine market and strengthens our presence in Europe."

For further information:

Roy Burton - Group Chief Executive, George Ralph- Interim Finance Director, Dialight plc
Tel: +44 (0) 1638 778640 begin_of_the_skype_highlighting +44 (0) 1638 778640 end_of_the_skype_highlighting

Simon Bridges - Canaccord Adams Limited, Tel: 0+44 (0) 20 7050 6500

Robert Speed - Kreab Gavin Anderson, Tel: +44 (0) 20 7074 1800 begin_of_the_skype_highlighting +44 (0) 20 7074 1800 end_of_the_skype_highlighting
Email: dialight@kreabgavinanderson.com

Dialight plc (LSE: DIA.L)

Dialight plc is leading the lighting revolution for industrial users across the world. Applying leading edge LED technology it produces retro-fittable lighting fixtures designed specifically for hazardous locations, obstruction lighting, traffic and rail signalling to vastly reduce maintenance, save energy, improve safety and ease disposal. Versions of these high specification luminaires are also produced for more general commercial, industrial and outdoor situations.

The Group comprises the following business segments:
  • Signals/Illumination which addresses the increasing demands for Energy Efficient Lighting solutions through the use of high brightness LEDs and utilisation of a number of associated technologies. Areas of business include Traffic and Rail Signals, Obstruction Lights and Solid State Lighting products.
  • Components comprising:
  • (1) The indication businesses whose sales are primarily to Electronics OEMs for status indication and
  • (2) Electromagnetic components which supplies smart meter disconnect switches which are used by utility companies to manage remotely electrical supply to residential and business premises.
The company is headquartered in the UK with operating locations in the UK, USA, Germany and Mexico. More information is available at http://www.dialight.com/.

Monday, April 26, 2010

Dialight StreetSENSE™ LED Street Light Certified by Designlights™ Consortium


http://www.dialight.com/News/Details/StreetSense_LED_Street_Light_DLC

Dialight StreetSENSE™ LED Street Light Certified by Designlights™ Consortium

High Energy Efficiency, Low Maintenance Earns StreetSENSE™ a Coveted Spot on DLC’s Qualified Products List

Farmingdale, NJ (April 26, 2010) – Dialight (LSE: DIA.L), an innovative global leader in LED lighting technology, today announced that its StreetSENSE™ SL Series LED Street Light has achieved the qualifications of the Designlights™ Consortium’s Solid State Lighting Fixtures Qualified Products List. This recognition attributes to the StreetSENSE luminaire’s energy efficiency and lighting efficacy for roadway lighting applications.

The DLC’s Qualified Products List serves as a resource guide for program administrators to determine which lighting products meet established energy efficiency guidelines currently not addressed in the US Department of Energy’s Energy Star program. The goal is to ensure that high-quality, energy-efficient lighting design becomes commonplace in all lighting installations. The program is operated by the Northeast Energy Efficiency Partnership and sponsored by numerous utility companies, energy research and public service organizations.

Fixtures listed on the DLC’s qualified product list may be eligible for state and utility energy efficiency program incentives—rebates that can enhance the overall energy and maintenance cost savings of retrofitting existing traditional fixtures with high-efficiency, low-maintenance LED fixtures like the Dialight StreetSENSE.

“We are very pleased to be included in the DLC’s list of qualified products,” said Roy Burton, Dialight’s Group Chief Executive. “The energy and maintenance cost of street lighting in the U.S. alone is in the hundreds of millions of dollars. With products like our StreetSENSE high-performance LED fixture, municipalities and DOT agencies can not only save money, but also reduce the environmental footprint of their roadway lighting programs. The DLC’s qualified products list can help them find the right products to meet their needs and meet their sustainability goals.”

The Dialight StreetSENSE luminaire consumes just 131W with 70 percent lumen maintenance over 60,000 operating hours with instant on/off response in a mercury-free, shock- and vibration-resistant fixture that offers a power factor greater than .95 for improved stand-by energy savings. The StreetSENSE fixture is also certified Dark Sky compliant by the International Dark-Sky Association.

About Designlights Consortium

The Northeast Energy Efficiency Partnerships (NEEP) Designlights™ Consortium (DLC) works to ensure that only high-quality, high-performance, tested and verified LED products will be eligible for rebates from sponsor programs. Sponsored by utilities and energy-efficiency programs throughout the United States, The DLC’s Qualified Products List serves as a resource for program administrators to help them decide which solid state lighting products to include in energy efficiency promotions by reviewing and certifying products submitted by manufacturers against a set of guidelines based on the U.S. Department of Energy’s ENERGY STAR program. For more information, visit http://www.designlights.org/.

Wednesday, April 21, 2010

Dialight’s new ATEX approved LED Bulkhead light

Designed for use in hazardous location applications, Dialight’s SafeSite™ Series LED Bulkhead fitting now has certification for Zones 1 and 21. This LED fitting is designed to replace existing high pressure sodium (HPS), metal halide, incandescent and fluorescent fittings.

Newmarket, UK (21 April 2010) – Dialight (LSE: DIA.L), an innovative global leader in LED lighting technology, today announced that it is now offering its SafeSite™ Series LED Bulkhead luminaire with ATEX certification for Zones 1 and 21. As well as complying with ATEX Directive 94/9/EC, which is obligatory for any equipment intended for use in potentially explosive atmospheres, the product carries “CE” marking as per the European Union Directive, so this certification opens up an important market extension for Dialight.

The advanced LED technology used in the Bulkhead luminaire will deliver 50,000 hours of operation and high performance in a wide variety of applications, radically reducing lighting maintenance needs in comparison to conventional solutions such as HPS and fluorescent lighting. Its compact design makes it highly suitable for stairwells, platforms, exits, walkways, tunnels, subways and other confined or hard-to-access spaces.

Available in 11w and 22w versions and delivering 73 lumens/watt, the Bulkhead LED fitting offers low power consumption and is rated for input voltage of 100-277VAC, 50/60Hz. With instant on/off ability it can also achieve greater efficiency by switching off when not needed, which gives it a lifespan of 10+ years in even the most demanding applications – that’s three times as long as traditional HID fittings and nearly twice as long as fluorescent solutions. Environmentally, it is completely free of hazardous materials, including mercury, and creates almost no light spill.

Weighing in at only five kilos, the Bulkhead is designed for ceiling or standard 30° wall mounting brackets. Combined with a rugged solid-state design that makes the luminaire resistant to shock and vibration, users are presented with a high level of versatility and reliability matched by the luminaire’s superior ease of installation. Additionally this LED light fitting operates within a temperature range from -40°C to +65°C.

Tuesday, April 20, 2010

Dialight Lights the Way to a Cure

Dialight participated in the 6.5 mile Belmar, NJ MS Walk on Sunday, April 18th, with a team of employees, family and friends. Dialight also sponsored one of the rest stops along the route, which provided refreshments to those participating in the walk. The Belmar walk site is the largest in New Jersey, with over two thousand participants and volunteers.

Multiple sclerosis (or MS) is a chronic, often disabling disease that attacks the central nervous system (CNS), which is made up of the brain, spinal cord, and optic nerves. Symptoms may be mild, such as numbness in the limbs, or severe, such as paralysis or loss of vision. The progress, severity, and specific symptoms of MS are unpredictable and vary from one person to another. Today, new treatments and advances in research are giving new hope to people affected by the disease. The National Multiple Sclerosis Society will use funds collected from the MS Walk to not only support research for a cure tomorrow, but also to provide programs which address the needs of people living with MS today. Because we choose to walk for those who sometimes can't, because we choose to donate to the MS Walk, we are getting closer to the hour when no one will have to hear the words, "You have MS."



To make a donation to the National MS Society on behalf of Team Dialight, please Click here to view the team page for Team Dialight

Tuesday, April 6, 2010

Dialight Releases New LED Traffic Signal Calculator

Dialight LED Traffic Signal Energy & Maintenance Savings Calculator



The New Traffic Comparison Calculator features:

  • Ability to compare the total first year costs of Dialight LED vs. competing technologies by providing the ability to calculate the energy consumption differences and product cost.

  • Clear and concise single page entry with dropdown selections for the competition, energy rates, labor rates, and module installation time.

  • Rebates can now be factored into the payback analysis.

  • Simple 1-click report generated from the data entry page eliminates the need to enter data multiple times.

The updated calculator will quickly allow you to enter your actual requirements once and with the dropdown selections of the various competitors, allow you to generate the necessary reports to clearly demonstrate the advantages you will receive by using a complete package of Dialight LED traffic signal products.