Agreement with SERCO and British Gas
August 10 2009 - 2:00AM
RNS Non-Regulatory
TIDMSNT
Sabien Technology Group PLC
10 August 2009
?
10th August 2009
Sabien Technology Group plc
("Sabien" or "the Company")
Sabien today announces it has entered into alliance agreements for the supply of
M2G with Serco Integrated Services (part of Serco Group Plc) and Semplice Energy
(part of British Gas) respectively.
Serco, a FTSE 100 international service company operates in Europe, the Middle
East, Asia Pacific and North America. Serco's work ranges from the management of
facilities, projects and IT systems, through to the creation of entirely new
businesses.
This broad spread of activities, and Serco's relationships with companies with
portfolios of multiple properties, makes Serco an ideal partner for Sabien.
Graeme Cameron, Serco's Director of Energy and Sustainability Services said:
"We have two major objectives. One is to minimise our own energy consumption and
environmental impact as part of our Corporate Social Responsibility obligations.
The second is to be able to offer the best solutions to our customers, secure in
the knowledge that these have been thoroughly tested and validated. To that end,
we are keen to work closely with Sabien in the future".
Serco intends to include M2G in the wide range of energy services it will be
offering customers, as well as using the technology to reduce its own carbon
footprint.
Alan O'Brien, Sabien's CEO, said;
"Our alliance with Serco further reinforces just how effective our M2G
technology is at reducing CO2 emissions and energy consumption. Serco's wide
customer base and their intention to offer M2G as part of their integrated
energy management product offering creates a ready-made market opportunity for
Sabien. The intention for both companies is to develop a significant
relationship over the next few years"
British Gas to provide M2G to its customers
Semplice Energy, the leading provider of enterprise cleantech energy solutions,
part of British Gas the UK's leading energy supplier, has entered into a
partnership with Sabien Technology to include M2G in their energy efficiency
offering to their business clients.
Alan O'Brien, Sabien's CEO said:
"For a giant like British Gas to choose Sabien as its preferred partner for
boiler optimisation is a ringing endorsement not only for M2G but for our
company too. M2G has now established itself as the UK's leading boiler
optimisation control and is fast becoming a vital component in the energy and
carbon management strategies of many leading UK organisations."
Natalie Barker, Founder, Semplice Energy said:
"We are pleased to add Sabien Technology to the Semplice EcoSolutions portfolio.
The proven M2G energy efficiency features support our drive, alongside British
Gas New Energy, to reduce carbon emissions in a commercially viable way. We
expect this partnership to increase energy savings and shorten paybacks as the
product is integrated into the broad range of technologies available within the
EcoSolutions package, creating a great benefit for our corporate customers."
For further information:
+--------------------------------------------+----------------------------+
| Sabien Technology Group plc | |
+--------------------------------------------+----------------------------+
| Alan O'Brien, CEO | Tel: +44 (0) 20 7993 3700 |
+--------------------------------------------+----------------------------+
| Gus Orchard, CFO | www.sabien-tech.co.uk |
+--------------------------------------------+----------------------------+
+--------------------------------------------+-------------------------------+
| Arbuthnot Securities Limited | |
+--------------------------------------------+-------------------------------+
| Antonio Bossi | Tel: +44 (0) 20 7012 2000 |
+--------------------------------------------+-------------------------------+
| | www.arbuthnotsecurities.co.uk |
+--------------------------------------------+-------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRASSLFMWSUSELA
Sabien Technology (LSE:SNT)
Historical Stock Chart
From Oct 2024 to Nov 2024
Sabien Technology (LSE:SNT)
Historical Stock Chart
From Nov 2023 to Nov 2024