29 July 2011 – trading update

Trading in the first half of 2011 was in line with the expectations.  The company is upbeat and confident that it will continue to grow strongly as the lighting market transitions to LED lighting.  Group revenue increased by 85% to £2.54m (2010: £1.37m) with gross profit moving up to £0.93m (2010: £0.27m).  Interim results are due out some time in mid September and ahead of that announcement the shares remain a BUY.