Further contract win from Monteray for M2G installations within BT Group Estate

Investor news

Published: 28 September

Author: Alan O'Brien

Type: Investor news

Year: 2011

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