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Published on Oct 19, 2016
Gas
suppliers have been resistant to CUI Global’s (NASDAQ:CUI) cutting edge
technology so far even though it is more efficient, less expensive and
requires almost no maintenance.
Happily the penny is now starting to drop says chief executive William Clough as meaty contracts with National Grid and Italian firm SNAM RETE illustrate.
These will showcase the benefits of its gas quality monitoring tech and Clough believes it is only a matter of time before other suppliers switch from the chromatographs that have been the industry standard for sixty years.
When they do it will mean a huge opportunity for CUI he explains to Proactive.
$CUI Announces Award of $40.0 Million, 5-Year Framework Agreement with National Grid Gas PLC https://t.co/E7ms9SzQYf #CUIGlobal— CUI Global, Inc. (@CUI_Global) October 3, 2016
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