Enersize Oyj receives order from Quant Services AB

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This is a translation of previously released news. Enersize Oyj ("Enersize") hereby announces that the company has received an order via Quant Service Sweden AB ( “Quant”) which is part of Quant AB and works with industrial maintenance. The order concerns leakage search in SCA's factory in Obbola, Sweden. Enersize will carry out leak detection using LEAQS and the order can then be expanded to also include repair of identified leaks. The order value initially amounts to approximately SEK 120 thousand and can then be increased by repair, which would mean an additional order value of approximately SEK 100 thousand.

The product portfolio with LEAQS and Q + has given Enersize a broad customer offering that can be sold by independent distributors and players in industrial maintenance. Quant, a global actor in industrial maintenance, is a clear example of a stand-alone service provider who already has a well-established relationship with large industrial customers and can make good use of Enersize's products and services.

The leakage search at SCA's factory in Obbola is expected to begin in Juny 2019 and will be invoiced through Momentum Industrial AB.

"The order from Quant is another strong proof that Enersize's new product portfolio attracts market-leading companies. Much of what Quant stands for, we share at Enersize; energy efficiency improvements, long-term approach and preventive measures, analyzing data across several factories in the same organization through Q + Enterprise etc. We have previous experience from several SCA units. There is a good potential for more leakage management projects and Enersize Q+ systems to measure and monitor the development of compressed air and the CO2 reductions we accomplish.”, comments Anders Sjögren, CEO of Enersize.

About Quant AB

In 2018, Quant had a turnover of EUR 118 million and 2,900 employees worldwide. The number of customer contracts increased from 188 to 206 in 2018, partly through an acquisition of the Finnish company Sataservice Oy. Quant focuses on maintenance in its full significance, from energy efficiency, to safety for the employees. The company highlights “Smart Maintenance”, which includes concepts such as "big data" and to work over several factories within one and the same organization.

Certified Advisor 

Sedermera Fondkommission

Telephone: +46(0)40-615 14 10

E-mail: ca@sedermera.se

For more information about Enersize, please contact: 

Anders Sjögren, CEO

Telephone: +46(0)730-763530

E-mail: anders.sjogren@enersize.com

Brief information about Enersize 

With its proprietary patent-pending automated software for leakage management, data collection and analysis, Enersize can provide 10-50% energy savings in industrial compressed air systems. Through the recently acquired LEAQS system, the company has access to more than 9000 leakage management projects, and the associated more than 4000 customers worldwide. The combination of the company’s software services can increase the customer’s savings in running projects, while generating direct license and project revenue. 90% of the manufacturing industry uses compressed air, which constitutes about 5% of the world's total electricity consumption. Among Enersize's existing customers are one of the world's largest manufacturers of flat screens and well-known car manufacturers and steel mills. The company is headquartered in Helsinki, have a sales office in Gothenburg and a development office in Lund. The company is listed on Nasdaq Stockholm First North under the ticker: ENERS. www.enersize.com

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