Smart Metering Systems PLC SMS signs preferred supplier contract (6594K)
01 August 2013 - 8:00AM
UK Regulatory
TIDMSMS
RNS Number : 6594K
Smart Metering Systems PLC
01 August 2013
Smart Metering Systems plc
('SMS')
SMS signs preferred supplier contract with DONG Energy Sales UK
Limited
The Board of Smart Metering Systems plc (SMS) is delighted to
announce that following discussions and subsequent engagement by
DONG Energy Sales UK Limited (DESUK), SMS has been awarded a
preferred supplier contract as DESUK's strategic metering partner
for the provision of the full range of metering services to
DESUK.
SMS provide solutions encompassing all aspects of the gas
connections and smart metering markets and will partner with DESUK,
the UK subsidiary of the DONG Energy Group, to deliver services
including Meter Asset Management (MAM), Site-works and Data
Services provision using SMS's automated meter reading solution the
ADM(TM) device. Post installation, SMS will maintain the management
of the meters based on terms which reflect SMS's existing index
linked contracts with other suppliers.
Alan Foy, CEO of SMS, commented "We are delighted that DONG
Energy Sales UK has decided to partner with us to this extent. This
contract re inforces our position in the Industrial &
Commercial market for installation of new and exchange of existing
meters complete with our ADM(TM) and Data Services solutions."
Mike Hogg, Managing Director of DONG Energy Sales UK commented
"We are very pleased to have entered into this preferred supplier
contract with SMS which will enable us to deliver even better data
and energy solutions to our Industrial & Commercial
customers."
For Further Information:
Smart Metering Systems
plc 0141 249 3850
Alan Foy, Chief Executive
Officer
Glen Murray, Finance Director
Cenkos Securities 0131 220 6939 / 0207 397 8900
Ken Fleming
Neil McDonald
Kreab Gavin Anderson 020 7074 1800
Chris Philipsborn
Anna Schoeffler
Notes to Editors
About Smart Metering Systems
Established in 1995, Smart Metering Systems plc based in
Glasgow, connects, owns, operates and maintains metering systems
and databases on behalf of major energy companies.
Currently the Company is concentrating its efforts on offering
its unique integrated services to the UK industrial and commercial
gas market in which its customers have an 80% market share.
The Company has further applications for gas with its ADM(TM)
device which allows 'smart' functions such as remote reading and
half hourly consumption data to be offered to customers in addition
to the normal metering services. Longer term the company also has
additional applications for water and LPG.
The Company was admitted to the AIM market in July 2011 and is
now part of the FTSE AIM 50 index, for more information on SMS
please visit the Company's website: www.sms-plc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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