Simble Solutions Limited announced a significant contract extension with Feilo Sylvania International Group Ltd. (Sylvania Lighting). Sylvania Lighting is a leading full-spectrum provider of professional and architectural lighting solutions with a global footprint and operations in over 25 countries. Under the agreement extension, the SimbleSense platform and Wattwatchers devices will be offered as a bundled solution to Sylvania Lighting's Commercial and Industrial (C&I) and SME customers.

Traction from the initial agreement (see ASX Announcement from the 20 February 2020, `Simble signs three year agreement with Sylvania Lighting') was impacted by COVID-19, which delayed the launch of the original white label solution and frustrated the implementation of sales & marketing activities for the European Sylvania Lighting team. The initial agreement with Sylvania focused on the United Kingdom, France, Italy, Germany and Spain but now also includes Netherlands, Belgium, Hungary, Poland, Romania, Slovakia, Ukraine, Croatia, Slovenia, Czech Republic, Latvia, Estonia, Lithuania, Turkey, Portugal, Switzerland, Finland, Sweden, Norway, Denmark, Greece and the Middle East. Ultimately, SylSmart Energy will be marketed as Sylvania Lighting's product, powered by SimbleSense.

Simble anticipates that this structure will result in a high level of sales focus from their team and will allow them to better engage with their clients when offering a Sylvania Lighting branded product.