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Which 3 Stocks Would Warren Buffett Buy?JSJS gets Siemens deal
12-10-2011 11:09
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JSJS Designs, which makes home automation systems, has received its first order from engineering giant Siemens.
The £300,000 deal will see JSJS products sold under the Electrium brand in B&Q stores across the UK.
The products include light switches, dimmers and mains power sockets which can be remotely controlled to reduce energy costs and improve the "mood" of a room or building.
JSJS claims: "Other similar products can only achieve the degree of sophistication in sequencing, mood settings and remote operation at significantly higher costs unattainable by the mass market."
For the time being investors appear to agree, with the stock up 15% in morning trading.
BS
The £300,000 deal will see JSJS products sold under the Electrium brand in B&Q stores across the UK.
The products include light switches, dimmers and mains power sockets which can be remotely controlled to reduce energy costs and improve the "mood" of a room or building.
JSJS claims: "Other similar products can only achieve the degree of sophistication in sequencing, mood settings and remote operation at significantly higher costs unattainable by the mass market."
For the time being investors appear to agree, with the stock up 15% in morning trading.
BS
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