Urbanise enters services agreement

Company News

Urbanise.com Limited (ASX:UBN) announced it has entered into a Hosted Services Agreement with MWH Global.
 
Under the agreement, MWH will trial the use of Urbanise smart sensors and Asset monitoring technology to measure and optimise energy consumption in its Sydney and Melbourne offices.
 
MWH intends to use their offices as a case study to demonstrate the benefits of the Urbanise Platform and remote monitoring technology to its key clients.
 
Urbanise will receive variable platform usage fee agreements, calculated on a monthly basis based on the number of monitoring devices installed, with expectations of 8 to 12 sensors per MWH office.
 
Urbanise recorded a net profit of $720,000 at 30 June 2015.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?