Shares digital

The shares of security tiddler Eruma (ERU:AIM) jumped 8% to 6.6p after its subsidiary Illuminex entered into an agreement with Philips Lighting UK, the UK lighting division of Royal Philips Electronics.

Through the deal, Philips will market and distribute the DALI (digital addressable lighting interface) protocol version of Illuminex’s Xscape series emergency lighting product range in the country.

This protocol enables equipment from different manufacturers to be connected together.

Illuminex supplies emergency lighting systems designed to provide superior performance with the Xscape series technology, helping significantly to reduce energy consumption and boost life expectancy.

Philips Lighting managing director Paul Coggins says he expects sales of more than £1 million in the emergency lighting market in the first year alone.

Shares says: Further deals like this and the shares should really take off.