Business
Order and UL certification
Order and UL certification.
About this update from Sabien Technology Group Plc
[{"type":"text","content":"\n RNS Number : 5017P Sabien Technology Group PLC 26 March 2009 \n \n\n\n\n\n\n\n26 March 2009\n\n\n\n\n\n\n\n\nSabien Technology Group plc\n('Sabien' or 'the Company')\n\nOrder and UL approval\n\nSabien achieves Underwriters Laboratories ('UL') approval for M2G and receives £100,000 order from its US distributor.\n\nSabien Technology Group PLC (AIM: SNT), the manufacturer and distributor of the patented M2G energy efficiency technology, is pleased to announce that it has obtained Underwriters Laboratories approval ('UL') for M2G for the USA. \n\nThis certification will enable M2G to be sold in the USA where it has been piloted by its US distributor, Greffen Systems, at a number of prospective client sites over the past 6 months. \n\nOn the back of achieving UL approval, Greffen Systems has placed an order with the company for £100,000. \n\nGreffen Systems has moved quickly to take advantage of the 2008/09 heating season and has installed 7 pilots across North America that collectively represent a useful sample of the M2G's performance in the different climatic regions of North America. It is currently in the process of commencing 5 more pilots. The performance of the M2G is consistently dynamic and successful across each of the U.S. pilot locations, with pilot installation data averaging over 19% annualized energy and carbon savings, and savings in the best cases being circa 25%.\n\nAlan O'Brien Chief Executive Officer said:\n\n'Now that M2G has achieved its UL certification for the USA, Greffen Systems is focused on quickly converting its successful pilots to orders and rollout over the spring and summer months and expects to make a material contribution to Sabien's order book over the coming months'.\n\nFor further information:\n\n\n\n\nSabien Technology Group plc \n\n\n\n\n\n\n\nAlan O'Brien, CEO\n\n\nTel: +44 (0) 20 7993 3700\n\n\n\n\nGus Orchard, CFO\n\n\nwww.sabien-tech.co.uk\n\n\n\n\n\n\n\n\n\nArbuthnot Securities Limited\n\n\n\n\n\n\n\nAntonio Bossi\n\n\nTel: +44 (0) 20 7012 2000\n\n\n\n\n\n\n\nwww.arbuthnotsecurities.co.uk\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END &...