ENTU UK Regulatory News (ENTU)

Entu (UK) plc

Memorandum of Understanding with Flowgroup plc

Entu (UK) plc (AIM: ENTU), the home improvement group providing energy efficiency products and services to homeowners in the UK, announces that it has signed a Memorandum of Understanding with Flowgroup Plc ("Flowgroup"), to allow Entu to sell, install and maintain Flowgroup's electricity-generating domestic boiler and to market Flowgroup's home energy offer, through its Job Worth Doing subsidiary.

This partnership significantly enhances Entu's energy-generating product offer, while also giving Flowgroup access to Entu's nationwide customer base and strong presence in regional markets.

Committed to the development of efficient power generation technologies and of technologies that allow more efficient deployment of energy, Flowgroup's affordable mCHP domestic boiler generates low carbon-electricity as it efficiently heats the home, lowering household carbon emissions and reducing customer energy bills.

Ian Blackhurst, CEO of Entu, commented:

"We are pleased to announce our partnership with Flowgroup, which will significantly enhance our fully integrated home improvements and energy efficiency offering. With an increased push from consumers for greater energy self-sufficiency, this partnership allows Entu to benefit further from growth in the home improvement and energy efficiency market, as we continue our strategy of growth through the development of innovative product offerings and partnerships."

Tony Stiff, CEO of Flowgroup, commented:

"We're extremely pleased to be announcing this agreement today. Entu has extensive experience of selling energy-related products through its national sales network as well as a large existing customer base of customers who are interested in these products. We believe this partnership has the potential to drive significant sales of our ground-breaking Flow boiler and will supplement our own direct sales campaign. Since the scope of this agreement includes our home energy offer, it also creates a new sales channel that could play an important role in any expansion of our energy business. In addition, under their well-known brand Job Worth Doing, Entu offer a branded national installation service, which adds to our existing installation, service and repair capacity."

10 February 2015

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