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247.50    -4.00 (-1.64%)
Bid:
240.00
Ask:
255.00
Spread: 15.00 (6.25%)
Market Cap: £40.41m
WATR Live PriceLast checked at - London Stock Exchange

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New client wins

25 May 2006 08:00

Qonnectis plc25 May 2006 FINAL 25 May 2006 Qonnectis plc UK brewing and pub industries adopt Qonnectis' water efficiency technology Qonnectis plc ("Qonnectis" or "the Company"), the energy and water conservationIT services provider, has won orders and begun deliveries to a number ofcustomers in the UK brewing and pub industries. As part of an OEM agreement with a UK water management consultancy, Qonnectis'water meter reading and water management services are being deployed via anumber of UK pub operators. The main applications are in water conservation andcost savings in the operation of pub washrooms where the technology willidentify leaks and running taps, and allow the companies to benchmark waterusage. Qonnectis' partner initially is targeting up to 2,000 installations overthe next three years operated by their existing pub chain customers, and up to12,000 sites overall. There are approximately 60,000 public houses in the UK intotal.* Qonnectis' equipment has also been deployed by a number of brewers anddistillers in conjunction with the Company's water utility partners. The brewingindustry's high consumption of water and energy means that it welcomes theopportunity to significantly reduce its costs by improving operationalefficiency. Using Qonnectis' products and services to monitor utilityconsumption real-time is a key first step in this process. There are over 600breweries and distilleries in the UK. Michael Tapia, Chief Executive, commented: "UK brewers and pub operators are major consumers of water. Indeed, the recentextension to UK opening hours has led to a substantial increase in water usage. "It is extremely gratifying to see the industry beginning to adopt ourtechnology and services to contain its utility costs and we look forward toworking closely with our partners to increase our penetration of this market." For further information, please contact: Qonnectis plcMichael Tapia, Chief Executive 020 8893 4766 Bankside ConsultantsMichael Padley/Daniela Hale 020 7367 8888 * Source: British Beer & Pub Association 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. This information is provided by RNS The company news service from the London Stock Exchange
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