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New Contract Win

12th Sep 2011 07:00

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: +44 (0) 20 7993 3700

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

 

Altium

 

Adrian Reed Tel: +44 (0) 845 505 4343

Phil Frame www.altiumcapital.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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