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Pin to quick picksWater Intel. Regulatory News (WATR)

Share Price Information for Water Intel. (WATR)

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Share Price: 397.50
Bid: 390.00
Ask: 405.00
Change: -2.50 (-0.63%)
Spread: 15.00 (3.846%)
Open: 400.00
High: 400.00
Low: 397.50
Prev. Close: 400.00
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Appointment of Sales Director

25 Jan 2007 09:00

Qonnectis plc25 January 2007 FOR IMMEDIATE RELEASE 25th January 2007 Qonnectis plc Appointment of Sales Director The Board of Qonnectis plc ("Qonnectis" or "the Company"), the energy and waterconservation IT service provider, is pleased to announce the appointment ofMichael Merrick as Sales Director of its main trading subsidiary, QonnectisNetworks Ltd. Michael will take full charge of Qonnectis' sales activities with immediateeffect. He joined Qonnectis in January 2006 to focus on sales to the waterindustry and has been instrumental in the continued expansion of the Company inthat sector. Prior to joining Qonnectis, he was Sales and Marketing Director ofRadcom Ltd, had held a similar position at Palmer Environmental (both part ofHalma plc), and was International Sales & Marketing Director of Milieutech plc -all organisations providing technology and monitoring products to the water,environmental and energy industries. Michael Tapia, Chief Executive of Qonnectis plc commented: "We are very pleased that Michael has accepted the position of Sales Director.Having worked closely with him on a number of projects, it is clear that Michaelhas deep industry knowledge and extensive contacts throughout the sector. Webelieve that he can make a significant contribution to our growth and hisappointment will assist us in focusing further on the commercialisation of ourproducts and services, as detailed in our most recent Annual Report. The Board feels that the Company now has the momentum and sales team in place totake advantage of the increasing opportunities in the water and energyindustries for its monitoring, leakage and energy efficiency technologies andservices." For further information, please contact: Qonnectis plcMichael Tapia, Chief Executive 01932 788299 Bankside ConsultantsMichael Padley/Daniela Hale 020 7367 8888 Editors' notes - About Qonnectis Qonnectis' patented technologies enable the analysis of remote meter data tofacilitate water leakage control, customer profiling, and energy and watermanagement efficiency. Its products are already being used by a wide range of UKand overseas utilities including Scottish Water, Cambridge Water, Aquavitae,Generale des Eaux and Lyonnaise des Eaux as well as large commercial anddomestic users of energy or water. The iStaq family of products work by sending meter readings to Qonnectis' securedata centre via SMS text messaging over the GSM network. The data is thenaggregated and published online via utility-branded "myMeter" websites operatedby Qonnectis. The data can also be sent directly to utilities' billing systems.Customers can access real-time information via a web browser using the "myMeter"service. For more information, please visit www.qonnectis.com. ENDS This information is provided by RNS The company news service from the London Stock Exchange
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