Exclusive LED Lighting Agreement in Japan

 

TIDMNTY 
 
 
Network Technology PLC 
25 May 2010 
 
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            Ringdale Signs Exclusive LED Lighting Agreement in Japan 
 
        Agreement Accelerates Ringdale's LED Lighting Business in Japan 
 
 
Austin, TX and Tokyo, May 25, 2010- Ringdale , Inc., a global leader in the 
development of energy efficient, intelligent commercial LED lighting fixtures, 
today announced the signing of an exclusive licensing, manufacturing and 
distribution agreement for the region of Japan with Sojitz Systems Corp. The 
Sojitz Corporation is a highly respected holding company with over $50 billion 
in revenues and a very strong market position in Japan. 
Sojitz manufactured lighting fixtures for streets, parking structures, 
billboards, building exteriors, warehouses, offices, retail spaces, parks and 
restaurants will be based on Ringdale's ActiveLED(TM) technology. The solid 
state fixtures deliver better illumination and use 50-95% less energy than 
conventional lighting sources such as incandescent, CFL, FL, HID, HPS and LED 
bulb replacements. 
"In our search for financially strong and technologically capable partners in 
the major regions of the world we found Sojitz to be a very good match in terms 
of access to the Japanese market and their ability to manufacture in the 
region," said Klaus Bollmann, CEO and Chief Scientist, Ringdale.  "The agreement 
benefits both companies and provides us with immediate access to Japan's 
multi-billion dollar, fast-growing market for energy-efficient LED lighting." 
"After detailed market research in the US and Japan, we selected Ringdale's 
ActiveLED product line," said Kazunori Obata, President, Sojitz Systems 
Corporation. "ActiveLED luminaires use less energy, operate cooler, last longer 
and depreciate significantly less over time. This gives our ActiveLED-based 
product line a distinct market advantage." 
"The partnership is a perfect fit," according to Stephen Maysonave, technology 
consultant at Ringdale. "Ringdale has designed a premiere line of commercial LED 
lighting fixtures and Sojitz has a focus on quality and complete access to the 
Japanese market." 
Ringdale developed the ActiveLED lighting fixtures to meet the stringent 
requirements of enterprise customers who are focused on replacing older, 
inefficient lighting sources or outfitting new construction projects with energy 
efficient, longer-lasting, low- or no-maintenance LED-based fixtures. 
About Ringdale 
Ringdale focuses on helping organizations incorporate "green savings" into their 
business environments. Ringdale provides ActiveLED(TM) luminaires with patented, 
solid-state lighting control and thermal management technology as well as a wide 
range of secure document output management, access control and document workflow 
solutions. Ringdale Inc. is based in the United States with offices in UK, 
France, Germany, Japan and Singapore and is part of the Network Technology PLC 
Group of Companies (NTY) listed on the London Stock Exchange.  Visit Ringdale at 
www.ringdale.com/lighting. 
About Sojitz 
Sojitz Systems Corp. is a subsidiary company of Sojitz Corporation. The Sojitz 
Corporation is a Japan-based holding company comprised of 522 companies, 
including 147 subsidiaries and affiliates in Japan and 375 overseas. Sojitz has 
initiated its environmental and new energy efforts under a management plan 
called "Shine 2011." Visit Sojitz at www.sojitz-sys.com/eng. 
                                      ### 
Ringdale  and ActiveLED(TM) are trademarks or registered trademarks of Ringdale 
Inc. 
 
 
For further information please contact: 
Susan Vaughan 
Ringdale, Inc. 
Tel:  [phone] 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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