Sabien Technology Group Plc (LON:SNT) said today it has landed a £287,750 contract with Interserve for its boiler optimisation technology, while at the same time announcing the retirement of finance director, Gus Orchard.
Under the contract with the support services and construction firm, Sabien will supply its M2G boiler optimisation technology to one of Interserve’s clients.
The company has also received sales orders worth £26,500 from Fireye Inc USA, Optimum Group Services plc, Schroders Investment Management Ltd and Kier Facilities Management, since its last market update in March.
Sabien’s chief executive, Alan O’Brien, said: "This is a great contract win for Sabien and is further recognition of the continuing success we can achieve with our alliance partners.
“This is an excellent demonstration of the quality of our M2G boiler control, scale of installation expertise and the project management that Sabien can bring to a contract of this type utilising skills gathered from previous large scale client M2G roll out programmes.”
Separately, the company said Orchard is retiring as finance director after nearly 11 years. Ed Sutcliffe will be appointed company secretary and will act as interim finance director until a permanent successor is found.