Ringdale Signs Exclusive LED Lighting Agreement in Japan

AUSTIN, Texas and TOKYO, May 25, 2010 /PRNewswire/ --

- Agreement Accelerates Ringdale's LED Lighting Business in Japan

Ringdale(R), 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 http://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 http://www.sojitz-sys.com/eng .

Ringdale(R) and ActiveLED(TM) are trademarks or registered trademarks of Ringdale Inc.

    For further information please contact:

    Susan Vaughan
    Ringdale, Inc.
    Tel: +1-512-288-9080

SOURCE Ringdale Inc & Network Technology PLC