The chancellor's budget speech today says the govt will roll out smart metering across Britain's medium and large companies over the next 5 years.

This is an area in which this company specialises.

The budget speech also said that smaller and medium sized companies will be given greater opportunity to tender for contracts.

www.bglobalmetering.com

BGLOBAL WINS GAZPROM CONTRACT


Bglobal plc (AIM: BGBL), the leading smart metering and energy data services company, has signed an agreement to deliver smart metering services to Gazprom Marketing & Trading Retail Limited ('GM&TR'), the UK retail arm of the Russian energy company Gazprom.


The contract will see Bglobal supply and install its latest generation of smart electricity meters to GM&TR's growing base of UK business customers.


Tony Barnes, Chief Executive of Bglobal said: 'We are delighted to be working with another industry leader in the energy market and look forward to supporting GM&TR as they work to establish their presence in the UK.'


James Constant, Head of Power at Gazprom Marketing & Trading Retail Limited said: 'Working with Bglobal further underlines our commitment to equip all our customers with smart metering and to provide them with the proven cost, service and energy management benefits that our product brings'

Bglobal signs agreement with Superdrug to roll out smart meters at all UK stores


Bglobal plc (AIM: BGBL), the leading smart metering and energy data services company, announces that it has signed an agreement with Superdrug, the UK's second-largest beauty and health retailer, to install smart meters at all of its UK stores, totalling over 900 sites. The installation programme is planned to commence by the end of September 2009.


As part of its strategic commitment to reduce its energy consumption, the smart meters will allow Superdrug to precisely monitor its energy usage, enabling it to effectively manage its overall consumption and control costs.


Anthony Barnes, Group Chief Executive of Bglobal commented: 'We are delighted to have reached this agreement with Superdrug and look forward to starting the roll out of meters in their stores shortly. We have been working very closely with Superdrug over the past six months to plan the installation programme, which will take place in phases, in order to ensure minimal disruption to its business operations. This new contract reflects the major acceleration we have seen in the UK market of our clients implementing solutions that reduce energy consumption, driven by initiatives such as the Government's CRC programme.'

Smart meters are still coming, despite the drop in the share price over the last few months. Good to see them holding up so far during today's market turmoil.

Good rises over the last couple of sessions with no apparent news. Something afoot...?

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N,

Where did you leave your car?


8-)

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Thanks mnamreh

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This really is flying now!!!

Up 25% so far today on no apparent news, although volumes are light. Anyone know why?

LISTEN: John Grant, Chairman & Tim Jackson-Smith, CEO of Bglobal discuss the interim results

Click here to listen