Envirosuite Fast Tracks Global Growth With Odotech Acquisition
December 21 2017 - 10:00AM
Business Wire
San Francisco-based Envirosuite – provider of the world’s most
comprehensive real-time monitoring, investigative, and predictive
environmental management software – has acquired the assets of
Odotech, Inc., a Montreal-headquartered environmental technology
company specializing in monitoring and managing odors, gaseous
contaminants, and dust.
Envirosuite’s acquisition will further bolster its existing
technology platform, enabling it to compete more effectively on a
global scale by offering a product platform that integrates the
best of both companies’ feature functionality.
The addition of Odotech will add a depth of experience and
expertise in industries where odor is a major cause of
environmental issues and complaints. This is particularly the case
in the wastewater, composting, pulp, and paper sectors, as well as
in municipal services.
Odotech owns a family of patents and intellectual property
relating to its proprietary hardware and processes. This includes
the OdoWatch platform, which supports active air quality management
for sites managed by industries and municipal services. Odotech
currently has more than 70 OdoWatch sites worldwide.
“This acquisition represents a major step forward for
Envirosuite,” says Peter White, Chief Executive Officer of
Envirosuite. “The acquisition will further build on our strategy in
environmental management best practice, with Odotech providing us
with expanded functionality and the potential for a material
increase in our customer base, as well as new strategic partner
relationships to enhance our business.”
He continues, “At the same time, this is a strategic move to
rapidly increase our worldwide footprint with an offering that will
combine the best of both software platforms. Odotech’s deep odor
experience will augment our existing solutions for the wastewater
market. We’ll now set our sights on incorporating the complementary
elements of the Odotech platform into the market-leading
Envirosuite SaaS platform.”
Envirosuite recently was awarded contracts for air quality
monitoring in both San Francisco and Los Angeles from the air
quality regulatory bodies for those regions. The company is already
the environmental management system of choice for global mining
companies like BHP and AngloAmerican, and for Thames Water, the
largest water utility in Europe.
Envirosuite’s product development team will be based in Montreal
and Brisbane, while Odotech’s sales and support functions in Canada
and Chile will integrate with the existing global Envirosuite sales
and marketing team.
“Together with our new colleagues from Odotech, we are committed
to providing world-leading environmental management solutions to
industry, community, and governments,” concludes White. “We are
well-placed to capitalize on the building groundswell of interest
in air quality management that we are seeing across the globe."
About Envirosuite
The world gets smaller and better connected every year. As
populations grow, industries and communities increasingly collide.
This means regulations are only getting tighter, risks higher, and
scrutiny more public. Now, thanks to social media, reputations
built over years are destroyed overnight. It means getting to the
source of environmental issues fast is no longer a ‘nice to have’ —
it’s a must. Not knowing is no longer good enough.
Envirosuite Limited (ASX:EVS) provides the most comprehensive
and intuitive real-time monitoring, investigative and predictive
environmental management software in the world. Built on insights
from 30+ years experience in environmental consulting, Envirosuite
seamlessly converts data into action, enabling real action in
real-time. For additional information, email
inquiries@envirosuite.com or visit https://envirosuite.com/.
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version on businesswire.com: http://www.businesswire.com/news/home/20171221005415/en/
for Envirosuite LimitedRay Weiss,
443-451-7144rweiss@weisspr.com
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