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WATR Water Intelligence Plc

325.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Water Intelligence Plc LSE:WATR London Ordinary Share GB00BZ973D04 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 325.00 315.00 335.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Processing,data Prep Svc 71.33M 3.67M 0.2112 15.39 56.42M

Water Intelligence PLC American Pool Enterprises Agreement (7028F)

22/05/2017 7:00am

UK Regulatory


Water Intelligence (LSE:WATR)
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TIDMWATR

RNS Number : 7028F

Water Intelligence PLC

22 May 2017

Water Intelligence plc ("Water Intelligence" or the "Company")

American Pool Enterprises Agreement

Water Intelligence plc announces the signing and launch of the Company's first formal national partnership for pool leak detection and repair between its core brand - American Leak Detection - and American Pool Enterprises.

American Pool is the largest commercial swimming pool management, maintenance, construction and recreational facility management operation in the United States. American Pool operates in 16 U.S. states and Washington DC with an international location in Toronto, Ontario Canada. American Leak Detection is the leading minimally invasive water leak detection and repair company in the United States with corporate and franchise operations in 42 states and Washington D.C. with international operations in Toronto and Alberta, Canada as well as in Australia and the UK. Pool leak detection and repair has been part of the core service offering of American Leak Detection since its founding. Both companies were founded in 1984.

Because of American Pool's business scope, American Leak Detection will use the same execution protocols that it has with national insurance company customers in order to provide American Pool with priority service. American Pool Enterprises serves over 3,000 commercial swimming facilities and over 9,400 residential pools. The commercially-focused business serves apartments, homeowner associations, country clubs, swim clubs, hospitality businesses, condominiums, fitness clubs and active adult communities.

Patrick DeSouza, Executive Chairman of Water Intelligence plc commented, "Our business to business approach will leverage our existing US and Canadian footprint both to provide a full range of solutions to the problem of water loss and to reduce administrative costs for American Pool. We are excited about the opportunity to work with the leading company in pool management. We share the same customer-centric values."

Daniel Lawler, Chief Operating Officer for American Pool Enterprises states, "We have always conducted business with the philosophy that our clients deserve the absolute best in safety and service. I am excited that we have established a relationship that does just that. We are now able to present supplementary solutions to our customers, satisfying the high demand during our peak season.

Enquiries:

 
 Water Intelligence plc                                      T: +1 203 654 5426 
  Patrick DeSouza, Executive Chairman 
 finnCap Ltd                                            T: +44 (0) 207 220 0500 
  Adrian Hargrave / Giles Rolls, corporate finance 
  Stephen Norcross, corporate broking 
 
  American Pool Enterprises, Inc.                               T: 443-471-1190 
   Dan Lawler, Chief Operating Officer                 dlawler@americanpool.com 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 22, 2017 02:00 ET (06:00 GMT)

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