LED-producing company enjoying fast growth

A Maltese company which produces LED lights and has Airbus among its clients, announced plans for expansion today.

Mosta Technopark-based Smart Light Systems, will be taking on more people and increasing its exports, director Henry J. Borg told Prime Minister Lawrence Gonzi during a visit.

He said that during the recent global economic turmoil, the company continued investing in research and development to support the versatile product range of LED lighting solutions.The company is anticipating an increase of 51% in export sales over last year.

Dr Gonzi said that Smart Light Systems was yet another confirmation of Malta’s potential in high value-added manufacturing.

Smart Light Systems offers some of the most effective ways to save money on electricity bills, with a 1 Watt LED (light emitting diode) producing the same amount of light as a 20-Watt halogen bulb. Translated into Euro, each SmartLight Systems LED saves the consumer anything between €20 to €25 each year on each bulb, resulting in savings of up to an average €500 every year on the electricity bill of a small business using 20 bulbs.

Smart Light Systems was set up in 2008 as a subsidiary of Sicons Opto Products to oversee the marketing of these new products and to exploit new markets.

The Company has manufactured LED components that have even made it to qualify for the high standards imposed by Airbus - their latest aircraft, the A380, includes ‘Made in Malta’ LED components.