Water Intel. Regulatory News (WATR)

3 Jul 2009 07:00

Qonnectis plc

("Qonnectis" or the "Company")

Trading Update

The Directors of Qonnectis (AIM: QTI), the data monitoring service provider for utilities and users of energy and water, note the recent share price movement and confirm that the Company is still in discussions with a number of entities which could lead to additional funding for the Company.

However, in the absence of these funding options being secured, the directors believe the Company will have insufficient funds to continue to trade.

Enquiries:

Qonnectis plc

Barbara Spurrier, Interim Chief Executive 01223 421 714

FinnCap 0207 600 1658

Nominated Adviser

Clive Carver