News blog

Qonnectis

  • BY: Andrew Hore |
  • POSTED: 14/07/2009 |

Qonnectis has signed a letter of intent with Primary Water, which will help to market smart metering products and services in additional countries.

Primary Water will initially evaluate and trial the products and Qonnectis will receive a fee for supplying these units. The plan is to sign a three year distribution agreement covering Australia, Russia and all other markets, except UK, Ireland and China. There will be a minimum sales volume level as part of the agreement.

There may also been joint funding of some product development.

Shares in Qonnectis rallied 0.065p to 0.32p each but they are still nearly 90% lower than six months ago.

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds