Urbanise.com Limited (Urbanise) (ASX:UBN) announced today that it has entered into a Hosted Services Agreement (HSA)with Graphite Ltd (Graphite) – a premier UK based provider of remote monitoring systems to monitor energy consumption and costs.
Under the agreement, Graphite will support the installation of Urbanise’s remote monitoring solutions to its existing and new client base. Graphite works with a range of high profile clients including high street outlets, supermarkets, manufacturing plants and a major mobile telecoms – providing services to more than 1,100 buildings across the UK.
Commenting on the announcement, Graphite Director Cory Carver Grenside said, “We realise that there is a niche in the market for a cost effective, wireless remote monitoring platform to support our clients with their measurement and verification needs. We are delighted to be one of the first companies to pioneer this technology in the UK and are looking forward to expanding our range of services with the support of Urbanise.”
Urbanise CEO Ben Churchill added, “Smart building operators are always looking to ways to reduce operational costs. Managing energy consumption is key as it is often the single largest cost for a building owner. Urbanise’s energy monitoring technology remotely monitors key systems for energy consumption to identify inefficiencies and track energy savings. The Urbanise platform extends the measurement and verification tools available to Graphite’s clients and positions the company to offer the market a complete range of monitoring and control systems. This is another great example of the increasing traction of our Industry Cloud as our customers continue to see the value it brings to their businesses. We look forward to expanding our commercial relationship with Graphite.”
With a large addressable market of more than 1,100 buildings, the Graphite relationship represents a potential multi million-dollar opportunity for Urbanise to roll out its platform – starting in April 2015.
About Graphite
Established in 2009, Graphite specialises in cost effective web based energy management solutions – from simple smart meter reading to wireless building energy management systems with multi site energy dashboards. Graphite also provides bespoke remote monitoring and control SCADA solutions and is a System Integrator for Tridium and Semaphore’s Tbox RTU. www.graphite.ltd.uk
For further information contact: Katie Paynter +61 417 057 243