Saturn LED has secured a distribution agreement worth over £1.2million for its Easilite system in Dubai. The company has also recently created nine new jobs in an investment that will help to support its export ambitions.
Invest NI has offered the company £78,000 of assistance towards the new positions. Commenting on its success, Mark O’Connor, CEO of Saturn LED, said, “We have grown rapidly since 2013 and have brought new products to market in order to remain competitive. This strategy has seen our turnover double year on year and 90% of our products are now sold outside of Northern Ireland.
“Our latest innovation, Easilite, has already had significant interest and we have agreed distribution agreements in, Dubai, Oman, Qatar and Bahrain as well as Europe. All of this would not have been possible without the support of Invest NI who have provided us with invaluable assistance, putting us in touch with key people in the UAE market and providing valuable in market advice.
“We are excited for the possibilities for future growth and look forward to building on the strong business relationships we have made in Dubai to drive future success in this region.”
Ethna McNamee, Invest NI’s Western Regional Manager, added, “Saturn LED is a great example of a successful indigenous company who is developing new products and recruiting new staff to meet the increasing export demand for its products and services.
“Saturn LED is making impressive developments in securing new export business, particularly in the UAE market. I am pleased that Invest NI’s market team were able to support the company to carry out market research and identify key contacts in Dubai which helped to secure this £1.2m distribution contract.
“This deal is a reflection of Saturn LED’s growing success and now gives the company a strong platform for further growth in this market.”
The Easilite system is an easy to install lighting module that transforms an existing lighting system into a smart lighting system. It is controlled through an iPhone or Android smart device via Bluetooth using a free software app. All of the positions are already in place.