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ACOL Technologies S.A. and Incomtech Ltd. announce distribution agreement


Switzerland, Geneva – December 28, 2005 – ACOL Technologies S.A., a Geneva-based company developing high brightness light emitting diodes and light engines, announced today that it has signed a distribution agreement with Incomtech Ltd., one of the leading suppliers to Ukraine's market of the wide spectrum of high quality electronic, electromechanical components and other components for the instrument, telecommunications, electro-energetics and consumer electronics industries.

The agreement with ACOL gives Incomtech distribution rights for the entire ACOL product range of high-brightness LEDs and advanced LED light engines. These products are used in various solid state lighting applications such as rail and road traffic signals, automotive lights, commercial signage, architectural effect lighting, and general illumination. Incomtech Ltd. will work to identify new opportunities for ACOL and market ACOL products to light system manufacturers.

'We are looking forward to this opportunity to work with ACOL Technologies to offer a broad range of ACOL products into the very exciting solid-state illumination market,' said Yuri Mazurenko, president of Incomtech Ltd. 'ACOL has aggressively entered into this market by developing an impressive portfolio of products that bring unique value to light system manufacturers and end users.'

Commenting Greg Kwolek, Sales Executive for Europe of ACOL Technologies, said:
'We are delighted to have signed this new distribution agreement. Eastern Europe and Ukraine, in particular, is a significant and growing market and Incomtech Ltd. is a well established company with a solid sales network. Incomtech’s technical product knowledge, service and support will provide our channel partners with enhanced product availability and capabilities.”

ACOL's LED products are now also available through the Incomtech Ltd. web site at http://www.incomtech.com.ua/

END
For further information, please contact:
Elena Simagina, ACOL Technologies, S.A., +41 22 306 0922, elena.simagina@acol.biz

About Incomtech Ltd.

Incomtech Ltd. is one of the leading suppliers to Ukraine's market of the wide spectrum of high quality electronic, electromechanical components and other components for the instrument, telecommunications, electro-energetics and consumer electronics industries.
The company was founded in 1992 with focus on automatic process control aids and systems design. Since 1994 Incomtech Ltd. has been involved in wholesale trade of imported electronic components.
About ACOL Technologies SA
ACOL Technologies is a leading manufacturer of High Brightness LED products for use in solid state lighting applications such as Rail and Road Traffic Signals, Automotive Lights, Commercial Signage, Architectural Effect Lighting, and General illumination products. The company’s patented designs in thermal management and primary precision optics provide unique value to leading integrators of High Brightness LED products. The company is headquartered in Geneva, Switzerland, with R & D operations Moscow, Russia, and sales offices in Geneva, Switzerland, Sturbridge, Massachusetts, USA, Moscow, Russia, and Taoyuan, Taiwan.

For more visit www.acol.biz


Publisher Contact Information:

ACOL Technologies S.A.
+41223060922
elena.simagina@acol.biz

Company profile of ACOL Technologies S.A.
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