Business
Significant order received fr
Significant order received fr.
About this update from Water Intelligence Plc
[{"type":"text","content":"\n RNS Number : 2426S Water Intelligence PLC 07 September 2010 \n \n\n\n\n\n\nAIM: WATR\n\n\n7 September 2010\n\n\n\n\n \nWater Intelligence plc\n(\"Water Intelligence\" or the \"Company\")\n \nSignificant 'Leakfrog' order received from Thames Water\n \nWater Intelligence, a leading provider of water monitoring, leak detection and remediation services, announces that it has received a significant order for its 'Leakfrog' product from Thames Water plc for an aggregate purchase price of £177,000. \n \nWater Intelligence provides a managed service to water and energy utilities through a variety of traditional and wireless automated meter reading products. The Leakfrog product provides water utilities with a fast, cost effective way to detect customer-side leakage. Given the very short installation time, the productivity of meter readers is not affected by deploying or recovering Leakfrog units which will show the presence and quantity of any leaks. Due to the fact that a Leakfrog unit can typically be used on many different meters during its life span, it provides utilities with an economical leak detection strategy. \n \nStan Berenbaum, Chief Executive of Water Intelligence, commented:\n \n\"This significant order confirms the viable market for efficient leak detection product solutions and supports our work to develop additional economical products for the water industry.\"\n \n \n \nFURTHER ENQUIRIES: \n \n\n\n\n\nWater Intelligence plc\n\n\n\n\n\n\n\nPatrick DeSouza, Executive Chairman\n\n\nTel: +1 203 654 5426\n\n\n\n\nStanford Berenbaum, Chief Executive Officer\n\n\nTel: +1 760 969 6830\n\n\n\n\n\n\n\n\n\n\n\n\nMerchant Securities Limited\n\n\n\n\n\n\n\nBidhi Bhoma\n\n\nTel: +44 20 7628 2200\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CNTKKADKOBKDACK \n ","length":4941,"tagName":"div"}]