TIDMUTW

Utilitywise plc

03 June 2015

3 June 2015

Utilitywise plc

("Utilitywise", "the Company" or "the Group")

European patent for energy management system secured

Utilitywise plc (AIM:UTW), a leadingindependent utility cost management consultancy, has been granted a European patent for Edd:e, the energy and water consultancy's innovative energy monitoring system which helps customers analyse energy use, completing the next step in the global patenting process.

The patent, which was granted in the US last year, has moved one step further with the latest European endorsement, officially recognising Edd:e as a technical invention that benefits the industry in a new and innovative way.

Edd:e offers businesses a measurement and verification tool that helps them make informed decisions about the actions they need to take to save energy. On average, it shows Utilitywise customers ways to reduce energy consumption by 27 per cent, and by as much as 35 per cent in some cases.

Geoff Thompson, Chief Executive Officer at Utilitywise, said:

"We are incredibly proud to secure this European patent because it demonstrates Edd:e provides real-world energy savings and offers a unique tool for the marketplace.

"As businesses face increasing energy costs, it is more important than ever to ensure energy usage is being monitored carefully and our management system will allow customers to immediately identify any trends, anomalies or unforeseen changes in energy consumption, while being quick and easy to install."

This development is the latest addition in a line of new projects to showcase Utilitywise's strong track record in energy monitoring, as it follows on from the recent acquisition of technology firm t-mac Technologies Ltd. Using t-mac's technology for monitoring and controlling commercial energy usage, Utilitywise's experienced energy management team can help businesses better understand all aspects of energy usage.

For more information on Edd:e please visit http://hubs.ly/y0Rs070

-Ends-

Further information:

 
 Utilitywise plc                0870 626 0559 
 Geoff Thompson, CEO 
 Andrew Richardson, Deputy 
  CEO 
  Jon Kempster, CFO 
 
 finnCap (NOMAD and joint 
  broker)                       020 7220 0500 
 Matt Goode / Grant Bergman 
  (Corporate Finance) 
 Simon Johnson (Corporate 
  Broking) 
 
 Liberum (joint broker)         020 3100 2000 
 Robert Morton 
 Steve Pearce 
 
 Redleaf PR                     020 7382 4730 
 Rebecca Sanders-Hewett / 
  Richard Gotla / David Ison

About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in North Tyneside. The Group has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from high street shops to multinationals with thousands of sites and cover the whole of the UK. In total, Utilitywise has over c23,000 customers.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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