Business
Further orders received
Further orders received.
About this update from Sabien Technology Group Plc
[{"type":"text","content":"\n \nRNS Number : 5070G Sabien Technology Group PLC 07 June 2013 \n \n\nSabien Technology Group plc\n(\"Sabien\" or \"the Company\")\nFurther orders received \nSabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, is pleased to announce that it has received further orders totalling £211,743 to install Sabien's M2G technology across the MOD South East Regional Prime Contract managed by PriDE, a joint venture between Interserve Defence Ltd and SSE Contracting. \nOrders received from this customer to date total £1,226,412; further orders are expected during the current financial year (to 30 June 2013) and before next financial year end (30 June 2014).\nAs Prime Contractor, PriDE is responsible for estate management and construction services at almost 100 MOD sites throughout the south-east region, encompassing nearly 6,000 buildings and facilities.\nIt is anticipated that a large part of these orders will be recognised as sales revenue during this financial year. Installation work has already started at a number of sites.\nFor further information:\nSabien Technology Group plc\nAlan O'Brien, CEO Tel: +44 (0) 20 7993 3700 \nGus Orchard, CFO www.sabien-tech.co.uk\n \nWesthouse Securities\nAntonio Bossi Tel: +44 (0) 20 7601 6100 \nPaul Gillam www.westhousesecurities.com\n \nBackground:\nSabien Technology is a UK-based company which specialises in providing proven and commercially ...