increasing market demands for low energy drivers

In response to IST’s most successful year in the company’s history, largely due to the overwhelming success of its new LED driver and downlighter range, IST management recognised the need to create an extensive global distribution network to extend the IST brand and achieve significant global growth. The signing of the distribution agreements marks the introduction of this multi-channel marketing strategy.Matt Fitzpatrick,led high bay light Director commented: “We are delighted to have signed distribution agreements with these carefully selected companies, with whom there is an obvious synergy with IST. The companies selected will be well placed to serve increasing market demands for low energy drivers and lighting solutions in their respective territories”.

With an ever expanding global network of distributors, IST is in an excellent position to satisfy its rapidly growing international client base. Dr Geoff Archenhold, Chief Scientist at IST, stated: “We have seen a significant upturn in demand for our innovative LED products from Europe, Asia and North America and we felt it was the right time to partner with quality distributors in important territories to provide local support to customers. We are already in discussion with other potential distributors for further territories and our new 2009 product range will further enhance our profile as a leading LED systems innovator”.

LED Power Inc. of Nevada is an early stage developer of LED products for backlighting, signaling, and signage applications such as automobile instrument panels and taillights, as well as flashlights, traffic signals. The high-brightness LED products are expected to have sales this year of between $4-$5 billion, and with growth of over 25% annually are anticipated to grow to $10 billion by the end of 2010. This shows favorable and highly significant penetration into the currently estimated total lighting industry revenues of approximately $26 billion annually.Under the terms of led high bay light, LED Power becomes a wholly owned subsidiary of Drayton Harbor Resources. As a result of the acquisition, Drayton plans a future name change to LED POWER GROUP, as this best reflects management's proposed business direction.