Ann: Aeris Market Update, page-2

The updates are getting more and more bullish about AEI's prospects going forward.

There was a lot to like from today's announcement.

'The recent commercial installation of Aeris' products in the first building for Spotlight Retail Group has now been completed and invoiced.'

'Spotlight Retail Group owns and operates over 150 premises across 4 countries occupying over 4.2 million square feet of retail space and employs over 7000 staff.'

'Aeris significantly exceeded its targeted energy reduction for Spotlight Retail Group of 22.6% which alongside the material improvements in indoor air quality, system efficiency and validated carbon reduction provided the client with a highly attractive return on investment.'

'The company will continue to work with Spotlight Retail Group on further implementations across the relevant buildings within its portfolio.'

'Aeris continues to work closely with a range of customers across Australia including high profile national shopping centres, retail, property, healthcare and government groups, and each SmartENERGY demonstration to date has met or exceeded Aeris' projected energy and system efficiency benchmarks. '

'The company has both a material pipeline of validated near-term revenue opportunities combined with a number of purchase orders for high-profile projects that will be installed in the near future.'

'The Aeris SmartENERGY and coatings platforms are enjoying strong commercial interest across the Asia-Pacific and the company is in advanced negotiations to implement these technologies in key markets across the region.'

'Aeris is in advanced discussions with large customers and distributors which are targeted to generate significant revenue in the near future.'