Envirosuite Fast Tracks Global Growth with Odotech Acquisition

21-Dec-2017

Envirosuite Limited (ASX: EVS), the Australian- headquartered provider of the world’s most comprehensive real-time monitoring, investigative and predictive environmental management software, today announced that it has acquired the assets of Odotech Inc, the Montreal-based environmental technology company specialising in the monitoring and management of odours, gaseous contaminants and dust.

Envirosuite’s acquisition will further bolster its existing technology platform offering and enable it to compete more effectively on a global scale through a product platform that will integrate the best of both organisations’ feature functionality.

The addition of Odotech will add a depth of experience and expertise of industries where odour is a major cause of environmental issues and complaints. This is particularly so in the wastewater, composting, pulp and paper sectors as well as municipal services.

Odotech owns a family of patents and intellectual property relating to its proprietary hardware and processes. This includes the OdoWatch platform which supports active air quality management for sites managed by industries and municipal services. Odotech has over 70 Odowatch sites worldwide.

Peter White, Chief Executive Officer, Envirosuite, said, “The acquisition represents a major step-up for Envirosuite. The acquisition will further build on our strategy in environmental management best practice with Odotech providing us with expanded functionality and the potential for a material increase in our customer base as well as new strategic partner relationships to enhance our business.

“At the same time, this is a strategic move to rapidly increase our worldwide footprint with an offering that will combine the best of both software platforms. Odotech’s deep odour experience will augment our existing solutions for the wastewater market. We’ll now set our sights on incorporating the complementary elements of the Odotech platform into the market-leading Envirosuite SaaS platform.”

Envirosuite is already the environmental management system of choice for global mining companies like BHP and AngloAmerican, and for Thames Water, the largest water utility in Europe. The company has also recently been awarded contracts for air quality monitoring in both San Francisco and Los Angeles from the air quality regulatory bodies for those regions.

Envirosuite will have its product development team based in both Brisbane and Montreal, while Odotech’s sales and support functions in Canada and Chile will integrate with the existing global Envirosuite sales and marketing team.

“Together with our new colleagues from Odotech, we are committed to providing world-leading environmental management solutions to industry, community and governments and we are well placed to capitalise on the building groundswell of interest in air quality management that we are seeing across the globe," said White.

About Envirosuite Limited

The world gets smaller and better connected every year. As populations grow, industries and communities increasingly collide. This means regulations are only getting tighter, risks higher, and scrutiny more public. Now, thanks to social media, reputations built over years are destroyed overnight. It means getting to the source of environmental issues fast is no longer a ‘nice to have’ — it’s a must. Not knowing is no longer good enough.

Envirosuite Limited (ASX:EVS) provides the most comprehensive and intuitive real-time monitoring, investigative and predictive environmental management software in the world. Built on insights from 30+ years experience in environmental consulting, Envirosuite seamlessly converts data into action, enabling real action in real-time.

For company information contact: enquiries@envirosuite.com

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