Agreement with SERCO and Brit

RNS Number : 1275X

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: [phone]
Gus Orchard, CFO	www.sabien-tech.co.uk

Arbuthnot Securities Limited
Antonio Bossi	Tel: [phone]
	www.arbuthnotsecurities.co.uk

 

END

 

 

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