Urbanise signs HSA with Brightest Fuels

Urbanise.com Limited (Urbanise) (ASX:UBN) announced today that it has signed a Hosted Services Agreement (HSA) with UK based Brightest Fuels Limited (Brightest Fuels).

Under the agreement, Brightest Fuels will use the Urbanise platform to extend the measurement and verification tools available to its customers – including those from the financial services, leisure and hospitality sectors. Brightest Fuels plans to rollout the platform and over 750 energy meters to monitor more than 200 buildings – generating potential revenue of up to £300,000 per annum for Urbanise.

Commenting on the announcement, Brightest Fuels Director Robin Gibson said, “We have been looking for some time for a management solution that offered ease of use, low capital investment, multi-purpose monitoring and real-time results. I am pleased that we feel we now have the appropriate solution particularly with the implementation of ESOS.”

Urbanise CEO Ben Churchill added, “Our remote energy monitoring technology provides a whole new level of visibility around energy consumption. The Urbanise platform offers the real time data needed for organisations to identify inefficiencies, set performance targets and track energy savings. We look forward to working with Brightest Fuels and their customers to proactively become smart building operators.”

About Brightest Fuels From its procurement background in 2006, Brightest Fuels purpose has been to assist businesses reduce their Carbon Footprint whilst saving Energy, Money and the Environment. They achieve this by assessing a site/place of work to find out what their current uses are and where their energy spend is. From here they are able to build a report showing how managerial changes with little to no cost, through to larger capital expenditure will reduce their energy costs and losses advising what products would benefit their business, showing a realistic financial feasibility that their business could see.