JSJS Designs plc announced that it agreed a new set of agreements with its key supplier ARC Technology to formalise current arrangements and provide ongoing financial support for the supply of goods. Under the agreements ARC has committed to a long term debt agreement in lieu of monies owed by JSJS. This amounts to circa $1.75 million of which $750,000 represents the value of stock held in the UK for sale. The debt is repayable in firm amounts of $20,000 per month starting in October 2013 and by a 10% cash premium on all future purchases of stock from Arc including current UK stock. There is no interest chargeable on this debt. Under the agreement ARC and JSJS designs will also share the IP of joint developments of products that have been designed together including the LightwaveRF wifi link. JSJS will be due royalties on products sold by ARC to their existing customers which will operate under ARC's own radio protocol eliminating any market conflict. These royalties will again be offset against monies owed. There are no restrictions on the geographic reach of JSJS designs distribution for the products and the company still intends to build a global brand and distribution network over time.

JSJS Designs plc reported group and parent earnings results for the year ended September 30, 2012. For the year, on consolidated basis the company's revenue was £1,109,305 against £2,219,891 a year ago. Loss on operations was £759,758 against £861,266 a year ago. Loss for the year before income tax was £761,443 against £869,196 a year ago. Loss for the year from continuing operations attributable to equity shareholders of the parent was £761,443 or 0.207 pence basic and diluted per share against £869,196 or 0.341 pence basic and diluted per share a year ago. Cash absorbed by operations was £171,902 against £117,588 a year ago. On company basis, cash absorbed by operations was £155,830 against £138,082 a year ago. Purchase of property, plant & equipment was £13,775.

JSJS Designs plc, Annual General Meeting, Apr 17, 2013. Agenda: To approve to the proposed placing announced on March 22, 2013.