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Market Cap: £40.41m
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Re Contract

17 May 2012 07:00

RNS Number : 5172D
Water Intelligence PLC
17 May 2012
 

 

 

 

17 May 2012

Water Intelligence plc (AIM: WATR)

("Water Intelligence", "the Company" or the "Group")

 

 

£250,000 Sale of Leakfrogs to Thames Water

 

 

Water Intelligence is a leading provider of smart water monitoring products and precision, non-invasive leak detection and remediation services. The Group's strategy is to be a "one-stop" solution provider for water utilities and commercial and residential customers as the need to prevent water loss from leaks and to preserve a scarce natural resource is increasingly recognized in the UK, US and markets around the world.

 

 

Water Intelligence plc announces that its wholly owned subsidiary, Qonnectis Networks Limited, has received a £250,000 order from Thames Water for its Leakfrog product. This order represents a 69% increase over the value of Leakfrogs delivered to Thames during 2011. The order will be delivered in the third quarter of 2012. This product sale supplements the good start to the year experienced by the Group's principal trading subsidiary, American Leak Detection Inc.

 

Dr. Patrick DeSouza, Executive Chairman of Water Intelligence, commented:

 

"This order for Leakfrog shows continued demand to provide water companies value with a very simple and cost-effective way to monitor leakage on the customer side of the meter. We are pleased with this order. Increasingly, water conservation is a salient issue. Given strong market demand for solutions to water loss, we look forward to a good year in terms of the value we deliver our customers through our complementary suite of products and services."

 

FURTHER ENQUIRIES:

 

Water Intelligence plc

Patrick DeSouza, Executive Chairman

Tel: +1 203 654 5426

Merchant Securities Limited

David Worlidge/Simon Clements

Tel: +44 20 7628 2200

 

College Hill

Tel: +44 20 7457 2020

Mark Garraway

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTEAKSKFDFAEFF
Date   Source Headline
30th Sep 20117:00 amRNSHalf Yearly Report
23rd Aug 20117:00 amRNSThames Water backs new leak detection product
16th Aug 20117:30 amRNSRestoration - Water Intelligence Plc
15th Aug 20113:19 pmRNSDirector Declaration
15th Aug 20113:13 pmRNSPosting of Accounts and Restoration of Dealings
15th Aug 20117:44 amRNSPreliminary Results
29th Jun 20117:30 amRNSSuspension - Water Intelligence Plc
29th Jun 20117:30 amRNSStatement re. Suspension
22nd Jun 20117:00 amRNSDirectorate Change
14th Jun 20117:00 amRNSNew Product Development
26th Apr 20117:00 amRNSBoard Change
4th Mar 20114:39 pmRNSHolding(s) in Company
2nd Mar 20117:00 amRNSTrading Update
17th Feb 20113:13 pmRNSHolding(s) in Company
16th Feb 20115:40 pmRNSHolding(s) in Company
13th Dec 20107:00 amRNSHolding(s) in Company
3rd Nov 201011:35 amRNSHolding(s) in Company
6th Oct 20108:43 amRNSAppointment of Master Franchisee
30th Sep 201010:44 amRNSTotal Voting Rights
28th Sep 20107:00 amRNSHalf Yearly Report
7th Sep 20107:00 amRNSSignificant order received from Thames Water
27th Aug 20107:00 amRNSAcquisition of Minority Interest
2nd Aug 20101:08 pmRNSResult of AGM
30th Jul 20107:00 amRNSAdmission to trading on AIM - First Day of Dealing
29th Jul 20105:00 pmRNSSch 1 update - Qonnectis plc
29th Jul 20101:07 pmRNSResult of GM
29th Jul 20107:00 amRNSResult of Open Offer
15th Jul 20106:00 pmRNSSch 1 - Qonnectis plc
12th Jul 20107:00 amRNSAdviser - change of name
7th Jul 20109:09 amRNSOpen Offer Timetable
7th Jul 20107:45 amRNSRestoration - Qonnectis plc
7th Jul 20107:40 amRNSFinal Results for 18 Months ended 31 December 2009
7th Jul 20107:30 amRNSProposed Acquisition of American Leak Detection
1st Mar 20107:00 amRNSRe Contract Win
26th Feb 201010:13 amRNSHolding(s) in Company
11th Jan 20109:33 amRNSHalf Yearly Report
11th Jan 20109:31 amRNSDirectorate Change
11th Jan 20109:25 amRNSChange of Adviser
30th Jul 20097:30 amRNSAIM Suspension - Qonnectis plc
30th Jul 20097:30 amRNSStatement re. Suspension
14th Jul 20097:00 amRNSLetter of Intent Signed
3rd Jul 20097:00 amRNSTrading Update
2nd Jul 200910:58 amRNSHolding(s) in Company
25th Jun 200910:39 amRNSResult of EGM
8th Jun 20096:00 pmRNSNotice of EGM
8th Jun 20094:42 pmRNSDirectorate Change
5th Jun 20091:35 pmRNSResult of EGM
28th May 200912:34 pmRNSHolding(s) in Company
19th May 20095:09 pmRNSHolding(s) in Company
12th May 20094:06 pmRNSNotice of EGM

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