CNES News out. Alot of people been watching and waiting for this contract news, may have a bit of a move today, but OS is 16B, so it may not. Its been stagnant for a long time though.
ConectiSys Signs First Contract for Installation of H-Net(TM) Technology
VALENCIA, CA, Jan 30, 2007 (MARKET WIRE via COMTEX) -- ConectiSys Corporation (OTCBB: CNES), a developer of automatic meter reading technologies, announced today that it has entered into a contract with Trimark Associates, Inc. to install and maintain ConectiSys' proprietary H-Net(TM) wireless electric metering technology in Northern California. ConectiSys estimates that the initial contract has a revenue potential of up to $500,000.
This commercial effort will involve the installation by ConectiSys of its H-Net(TM) technology for a key irrigation district cooperative. Trimark Associates, Inc. is expected to provide Meter Service Provider and Meter Data Management Agent services for this project.
Robert Spigno, ConectiSys Founder and Chairman, said today, "This is a milestone event for ConectiSys. We expect this contract to be the first in a series of contracts for H-Net(TM) technology installations throughout California."