SANDAL PLC ("Sandal" or "the Company")
TRIAL LAUNCH
The Directors of Sandal are pleased to announce that the Company has been selected as a supplier to Howz as part of a trial with EDF Energy to provide home monitoring to EDF's elderly customers living alone. Sandal will be providing hardware to the solution and will also receive a recurring revenue stream from the provision of data collected. This initiative is being launched today, 26 September 2017.
The initial trial is for 500 homes and if successful, it is anticipated that a larger trial will follow.
Alan Tadd, CEO of Sandal commented "This partnership has significant potential for Sandal and represents the first use of our recurring income model for the supply of data. The Howz system won the Smart Home section of the EDF Pulse awards held in Paris last week. Although the current trial is for the UK market there is potential for use in other territories where EDF have a presence."
Further information about the partnership with Howz and results of the initial trial will be provided in due course.
This announcement contains information which, prior to its disclosure, was inside information for the purposes of Article 7 of EU Regulation 596/2014.
The directors of Sandal Plc accept responsibility for the contents of this announcement.
ends
Enquiries:
Sandal Plc 01279 422022
Alan Tadd, CEO
Oliver Tadd, Director
www.sandal-plc.co.uk
Cairn Financial Advisers LLP
David Coffman/Jo Turner 020 7213 0880
MB Communications
Maxine Barnes 07860 489571
Notes to editors:
Sandal plc commenced business in 1996 and joined NEX in March 2015. The Company designs, develops and manufactures consumer electronics products. Its business is divided into two distinct product groups, PowerConnections, a long established wholesaler and reseller of a successful and patented range of converter plugs and power cables, and Energenie, which sells a newer product range that includes energy saving products, portable charging devices and the new Energenie MiHome range of products aimed at the "Home Automation" and "Internet of Things" marketplace.
The range of Energenie MiHome home automation products makes the remote operation of everyday household appliances and energy monitoring more accessible through integration with smartphone and tablet connectivity. The Energenie MiHome range is also integrated with the major players in the home automation market including Google Nest and Amazon Echo. Energenie MiHome products are available through a number of mainstream retailers including Amazon, Argos and Sainsbury's. In addition Energenie also offers Eco and electrical, travel and energy saving products for homes and offices, reducing energy usage and the Home Automation sector. It has store listings for its current products with several large retailers including Homebase, Maplin, Amazon, Screwfix, Toolstation and ASDA.
PowerConnections is a supplier to customers, in the UK and abroad, of single-phase electrical connection products. The products are manufactured in three partner factories in the Far East and have distributors worldwide for its range of patented converter plugs. The Company's product portfolio consists of International Power Leads, Rewireable Plugs, Converters and Connectors. These products are stocked in the Far East, Australia and UK.
