Alliance Agreement with Balfour Beatty
September 07 2009 - 2:00AM
UK Regulatory
TIDMSNT
RNS Number : 6004Y
Sabien Technology Group PLC
07 September 2009
7th September 2009
Sabien Technology Group plc
("Sabien" or "the Company")
Sabien Technology Group PLC (AIM: SNT), the manufacturer and distributor of
patented M2G energy efficiency technology, is pleased to announce that it has
entered into an alliance agreement for the supply of M2G with Balfour Beatty
Workplace (BBW).
Alan O'Brien, Sabien's CEO, said:
"The strategic tie up with BBW further demonstrates M2G's reputation as being
the leading boiler optimisation control in the UK. Combined with BBW's
significant presence in the UK, established customer base, and their continued
focus on carbon reduction, I believe the relationship has the potential to
deliver significant customer contracts over the next few years."
The alliance is already delivering improvements in energy reduction to BBW's
clients through fitting Sabien's M2G units to a number of boilers under BBW's
control in London.
Tim Ward, Director Business & Industry, BBW said:
"We have formed a strategic partnership with Sabien Technology as part of our
ongoing commitment to delivering cost effective carbon saving solutions for our
customers. We recognise their product as a way of driving down carbon emissions
from the operation of buildings."
BBW is a market leader in total facilities management to both private and public
sector customers. The services delivered by BBW support many places, spaces and
people, including the BBC, the , the Royal Mail, the , schools and hospitals.
BBW's increasing focus on reducing energy consumption and carbon emissions for
its clients makes them an ideal strategic partner and channel for Sabien.
For further information:
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| Sabien Technology Group plc | |
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| Alan O'Brien, CEO | Tel: +44 (0) 20 7993 3700 |
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| Gus Orchard, CFO | www.sabien-tech.co.uk |
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| | |
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| Arbuthnot Securities Limited | |
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| Antonio Bossi | Tel: +44 (0) 20 7012 2000 |
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| | www.arbuthnotsecurities.co.uk |
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| | |
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| | |
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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