California-based energy monitoring company, POWRtec International Corp. (OTCBB: POWT)?announced today that it has signed a contract with DONG Energy to secure the delivery of 50,000 of its Smart Read Meters. The Danish energy giant is one of the leading energy groups in Northern Europe and is known for its visionary approach to providing clean and reliable energy.
POWRtec's Smart Read meters allow for efficient and comprehensive analysis of energy usage. This benefits the utility provider, the end-user and ultimately the environment. To date, POWRtec has delivered 160,000 meters to DONG Energy; following this agreement, that total will raise to 210,000 meters over the next 12 months.
POWRtec's Smart Read Meters align perfectly with DONG Energy's clean energy mission; users have noticed a more efficient use of resources, smaller energy bills and enormous benefits to the environment. POWRtec designed their products to directly reduce the amount of energy waste and make a meaningful difference to the environment. The innovative and intelligent meters are network-enabled and can utilize virtually any communications protocol, empowering the intelligent smart meters to directly control network enabled, power-draining devices by switching them on and off in accordance with the desired energy output.
Grant Jasmin, CEO of POWRtec, remarked, "We are very pleased to continue our successful collaboration with DONG Energy and assist them in reaching their goals for more sustainable and responsible energy consumption. This contract has further solidified our strong position in Northern Europe."
