Company Announcement No. 66 - this message contains inside information

Seluxit has won a significant tender for installing remotely read meters worth up to DKK 2,500,000 from a large Danish property manager (Port of Aalborg). The delivery includes Seluxit Cloud, and plans are to use the many possibilities the solution offers in the long term.

The delivery is expected to optimise the process of billing electricity, heat and water consumption to tenants and to make the buildings more energy efficient in the near future.

Implementation will begin in Q2 2024 and is expected to run through 2025. If the implementation is successful, further orders are expected as the solution is rolled out.

CEO Daniel Lux:

"In the tender, we have demonstrated a system that offers more options than our competitors' systems. The order is a very important step for Seluxit, bringing our hardware, software and cloud platform together in one strong solution".   

This order does not change the previously announced expectations for the current financial year.

For further information, please contact CEO Daniel Lux.

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Contacts

  • Daniel Lux, CEO, Seluxit, +45 46 922 722, info@seluxit.com
  • John Norden, Certified Advisor, Norden CEF, +45 20 720 200, jn@nordencef.dk

About Seluxit

Seluxit connects things to the internet to optimize systems, save resources and save money. That makes sense for the economy, for the environment and for society.

Seluxit’s unique standards-based approach to IoT reduces development time and development costs, and thereby minimizes risks.That gives our customers a fast path to both saving and earning money, because their solution enters the market quickly.

Our end-to-end IoT solutions create value in many ways including optimizing energy usage, improving service efficiency, and allowing for more effective training.

Attachments

  • Download announcement as PDF.pdf

© Ritzau Denmark, source Ritzau English Regulatory Releases