Milbank and Sentec announce strategic partnership to expand smart energy markets

8/04/2013

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Cambridge UK and Kansas City, USA - Milbank, an established manufacturing company, and Sentec, a leading provider of smart grid and energy technologies, have today announced a strategic partnership to research and develop new products and business ideas.

Sentec has previously been involved with Milbank in the capacity of product development consultancy, and this takes their business relationship forward to a new model.

Previous developments have included Milbank’s home energy management system, Synap6, as well as other products for for load management and transfer switching.

Lavon R. Winkler, President and CEO at Milbank commented, “Sentec’s innovation and knowledge of the smart grid have enabled us to expand into new markets with ground-breaking new product offerings, and we are keen to further the relationship.”

Mark England, CEO of Sentec, added, “Innovation at Sentec is not just about new technologies. We are also developing new ways of working with our partners and new business models which enable all parties to benefit from both intellectual property and products developed in close collaboration.”

In concert with this partnership, Milbank announces the establishment of its operations in the UK, with offices in Cambridge. Milbank will bring its energy management technology to countries throughout Europe.

About Sentec

Market Transforming Innovation.

Sentec is the world leading supplier of smart grid, metering and smart home technology. We help our partners achieve growth in energy and water markets through technology innovation and consultancy.

Working with us, our partners have sold over 12 million smart grid products in markets across the world. We have been involved in smart meter design for electricity, water and gas, for over a decade, working with some of the largest names in the industry.

Building on this, we are now leading the development of outstanding technologies for smart grid applications in the distribution network and for consumers, in smart home and energy management.  Products based on our technologies can be found in markets worldwide. We are the partner of choice to help companies entering the smart home and smart grid markets.

With offices in Cambridge, UK, and Zurich, Switzerland, we are the winners of numerous awards, including 3 Queen’s Awards for Enterprise, for International Trade and Innovation. www.sentec.co.uk

AboutMilbank

We are Energy at Work.

Milbank, a third-generation family-owned business, has been engineering and manufacturing electrical supplies, equipment and solutions for use by utilities, contractors and OEMs since its founding in 1927. Today, Milbank’s meter mounting equipment is the standard by which all others are measured. Our meter sockets and electrical enclosures can be found on homes, schools, businesses, factories, roadways, RV parks, arenas and airports across the globe. Consistent with its vision to remain at the forefront of power generation and distribution technology, and to honour its stewardship of the environment and its resources, 2009 marked the launch of the PowerGen™ division, which offers renewable energy, distributed power generation and smart energy management solutions. Milbank is headquartered in Kansas

City, Mo., USA. www.milbankworks.com

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Contact

For more information, please contact:

Berenice Mann, Marketing Manager, Sentec +44 1223 303800, bmann@sentec.co.uk

Margaret Fitzgerald, Director of Marketing & Public Affairs, Milbank +1 816 200 6755 mfitzgerald@milbankworks.com

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Sentec Ltd

Sentec is the world leading supplier of smart grid and metering technology. We help our partners achieve innovation led growth in energy and water markets.

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