Acquisition

Dialight PLC 11 January 2006 Date: Immediate release: Wednesday 11 January 2006 Contacts: Roy Burton - Group Chief Executive Cathy Buckley - Finance Director Dialight PLC Tel: 01480 447490 Alistair Mackinnon-Musson Philip Dennis Hudson Sandler Tel: 020 7796 4133 Email: dialight@hspr.com DIALIGHT PLC Acquisition of Lumidrives Ltd Dialight Plc, the UK based leader in Applied LED Technology, announced the acquisition from Management of 100% of the shares of Lumidrives Ltd for £2.45m in cash and £550k in Dialight Shares. Based in the UK, Lumidrives is one of the leading suppliers of Solid State Lighting Fixtures and Components to the European Architectural Lighting Market. Over the last four years, the company has grown to a revenue of over £3m and has gross assets of over £1 million. It has an extensive customer base, excellent growth prospects and a solid portfolio of intellectual property. The Senior Management of Lumidrives, Gordon Routledge and Alison Ambler have committed to remaining with the company and will be responsible for Dialight's growth in the European Solid State Lighting Market. Further details of Lumidrives' products can be found at www.lumidrives.com. The acquisition is expected to be earnings enhancing in 2006. Commenting Chief Executive Roy Burton said: 'We are pleased to have made this acquisition of Lumidrives which will position Dialight in the emerging Solid State Lighting Market in Europe. We are acquiring not only good product, but also a strong customer base and an enthusiastic and capable Management Team who have demonstrated by results their ability to grow profitably in this market. I expect this to be an enhancement to earnings in 2006.' - ENDS - About Dialight Dialight Plc is one of the world's largest suppliers in the field of Applied LED Technology. It operates in two principal segments; Components where low brightness LEDs are used for status indication in electronic equipment; and Signals/Illumination utilizing the latest high brightness LED technology for Traffic and Rail Signals, Obstruction Lighting and Industrial and Architectural Lighting. Lumidrives will enhance the scope and geographical presence of the high growth Signals/Illumination segment. This information is provided by RNS The company news service from the London Stock Exchange

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Dialight (DIA)
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