QTI Qonnectis

 

TIDMQTI 
 
RNS Number : 5638V 
Qonnectis plc 
14 July 2009 
 
 
 
 
 
 
 
Qonnectis plc 
 
 
 
 
Letter of Intent Signed with Primary Water 
 
 
 
 
The Board of Qonnectis plc ("Qonnectis"), the data monitoring service provider 
for utilities and users of energy and water, announces that it has signed a 
letter of intent with Primary Water PLC ("Primary Water") under which Primary 
Water will be able to evaluate Qonnectis products and commence trials with a 
view to progressing business plans and proposals for the distribution of 
Qonnectis products into various territories. 
 
 
It is expected that a three year distribution agreement will be signed giving 
Primary Water exclusivity to distribute Qonnectis products into Australia and 
Russia, and all other countries worldwide excluding the UK, Ireland and China on 
a non-exclusive basis. The distribution agreement will be subject to minimum 
sales volumes and will include joint funding of specific product development. 
 
 
During the evaluation phase Qonnectis will receive a fee for providing the test 
units. All data generated by Primary Water will be shared with Qonnectis whilst 
the intellectual property rights remain with Qonnectis. 
 
 
The agreement covers the Leak Frog, Swift, MyMeter technologies and associated 
products. 
 
 
Barbara Spurrier, Interim Chief Executive commented: 
 
 
"This agreement will lead to a much broader marketing infrastructure and allow 
us to enter new markets quickly. Primary Water has identified various target 
markets where they are confident that our products will be well received." 
 
 
 
 
 
14 July 2009 
For further information, please contact: 
 
 
+---------------------------------------+-------------------------------+ 
| Qonnectis plc                         |                               | 
+---------------------------------------+-------------------------------+ 
| Barbara Spurrier, Interim Chief       |                 01223 421 714 | 
| Executive                             |                               | 
+---------------------------------------+-------------------------------+ 
|                                       |                               | 
+---------------------------------------+-------------------------------+ 
| FinnCap                               |                               | 
+---------------------------------------+-------------------------------+ 
| Clive Carver                          |                 020 7600 1658 | 
+---------------------------------------+-------------------------------+ 
| Ed Frisby                             |                               | 
|                                       |                               | 
+---------------------------------------+-------------------------------+ 
| Lothbury Financial                    |                               | 
+---------------------------------------+-------------------------------+ 
| Michael Padley / Libby Moss           |                 020 7011 9411 | 
+---------------------------------------+-------------------------------+ 
 
 
 
 
Primary Water plc provides sustainable water solutions across Australia. Primary 
Water was established to source and develop new sources of deep ground water 
through a combination of leading industrial technology, remote sensed data and 
highly qualified and experienced experts. 
 
 
Primary Water's range of products and services are continually refined and 
improved based on feedback from clients, R&D and product innovation. New 
products are being added to the range as new lines of business emerge and 
importantly where clients request new services. Primary Water has recently began 
providing desalination units to distressed communities in western NSW, Australia 
where local water supplies have been effected by sever drought and rising water 
tables. Primary Water believes it can meet the increasing demand for potable 
water through its deployment of low cost water treatment technology, FTC. 
 
 
The addition and further development of Qonnectis' technologies adds further to 
Primary Water's portfolio of sustainable water solutions and services. 
 
 
Contact: Christopher MacNee info@primarywater.co.uk 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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