Sandal plc
Trading Update
The Directors of Sandal plc are pleased to announce that the rollout of the Energenie MiHome range continues to accelerate following the successful Gadget Show in Birmingham earlier this month. The Company has secured additional distribution channels for the MiHome product range through Exertis, including Screwfix and eBuyer, as well as with direct accounts including CPC, part of Premier Farnell, and Amazon.
Alan Tadd, Sandal's CEO commented "The signing of these additional distribution channels increases the potential market penetration of Energenie's new MiHome Product substantially. That we've been able to sign with such well-known names is a clear vote of confidence in the quality of the product we are bringing to market."
Energenie has also been selected as a "Top Tech Exhibitor" at the Grand Designs Live Show in London from 2 to 10 May, see www.granddesignslive.com and click the Technology tab. The Company would be delighted to see any shareholder or potential investor at the show and have the opportunity to demonstrate its current range of products.
The directors of the issuer accept responsibility for the contents of this announcement
For further information please contact:
SANDAL PLC
Alan Tadd 01279 422022
Unit 5 Harold Close
The Pinnacles
Harlow, Essex
CM9 5TH
CITY & MERCHANT LIMITED
David Papworth 0207 101 7676
Salisbury House
29 Finsbury Circus
London
EC2M 5QQ
info@cityandmerchant.com
Note to Editors:
Sandal plc commenced business in 1996 and 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 MiHome range of products aimed at the "Home Automation" and "Internet of Things" marketplace.
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.
Energenie 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. The new range of MiHome home automation products enables the remote operation of everyday household appliances and energy monitoring more accessible to consumers owing to better affordability and simplicity of control through smartphone and tablet connectivity.