Water Intel. Regulatory News (WATR)

25 Jan 2007 15:30

Qonnectis plc25 January 2007 25th January 2007 Qonnectis plc AGM Statement The Board of Qonnectis plc ('the Company'), the energy and environmental datamonitoring service provider for utilities and major commercial users of energyand water, is pleased to announce that all resolutions were duly passed attoday's AGM. Richard M Taylor, the Chairman, made the following comments: "As part of our increased focus on the commercialisation of our products weappointed Michael Merrick as Sales Director of our main trading subsidiary,Qonnectis Networks Ltd, at the end of 2006. Michael, who joined Qonnectis inJanuary 2006, has been instrumental in the Company's continued expansion in thewater and energy sectors and through his extensive industry contacts has alreadyproven to be an invaluable addition to the Qonnectis team. "We announced at the beginning of last month that trading since the year end hasbeen encouraging. A further update will be provided in the 2007 Interim Results,which are due to be announced in March. "We have recently moved to new premises, which will support the Company'sgrowth, and we believe we are now well placed to build on our success to dateand to maximise the opportunities presented to us through increasing regulatoryand market pressures for greater environmental awareness." The Company's new address is: Europe House, 170 Windmill Road West,Sunbury-on-Thames, Middlesex, TW16 7HB. For further information, please contact: Qonnectis plcMichael Tapia, Chief Executive 01932 788299 Bankside ConsultantsMichael Padley/Daniela Hale 020 7367 8888 Editors' notes - About Qonnectis Qonnectis' patented technologies enable the analysis of remote meter data tofacilitate water leakage control, customer profiling, and energy and watermanagement efficiency. Its products are already being used by a wide range of UKand overseas utilities including Scottish Water, Cambridge Water, Aquavitae,Generale des Eaux and Lyonnaise des Eaux as well as large commercial anddomestic users of energy or water. The iStaq family of products work by sending meter readings to Qonnectis' securedata centre via SMS text messaging over the GSM network. The data is thenaggregated and published online via utility-branded "myMeter" websites operatedby Qonnectis. The data can also be sent directly to utilities' billing systems.Customers can access real-time information via a web browser using the "myMeter"service. For more information, please visit www.qonnectis.com. ENDS This information is provided by RNS The company news service from the London Stock Exchange