New Contract Win

RNS Number : 0039O

Sabien Technology Group PLC

12 September 2011

 



 September 2011

Sabien Technology Group plc

("Sabien" or "the Company")

Contract win

Sabien, the manufacturer and supplier of M2G, a patented energy efficiency technology, is pleased to announce it has received a further order from Monteray Ltd ("Monteray") for £260,250 for M2G installations within the BT Group plc estate.

The total value of the three orders received since the start of our new financial period now stands at £650,625. Under this contract the company is anticipating receiving a further order and will update the market as and when it is appropriate do so. The orders received to date will be recognised as sales revenue during the current financial year to 30 June 2012.

For further information:

Sabien Technology Group plc

Alan O'Brien, CEO                               Tel: [phone] 

Gus Orchard, CFO                              www.sabien-tech.co.uk

Altium

Adrian Reed                                        Tel: [phone]     

Phil Frame                                           www.altiumcapital.com

 

END

 

 

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