StockMarketWire.com - Sabien Technology has won an order worth £125,000 for its energy efficiency M2G units from US distributor Greffen Systems.

The units are scheduled to be shipped in August and the revenue will be reflected in the results for the financial year to the end of June 2012.

Greffen is a subsidiary of SE Global which has 12.4% stake in Sabien and as such, under the AIM Rules, the sale is deemed to be a related party transaction.

CEO Alan O'Brien said: "I'm very pleased to see that Greffen's sales strategy is now beginning to deliver for them.

"We have now received orders totalling £300k from them this financial year.

"I look forward to updating the market on the positive progress Greffen is making with M2G in the USA in due course."




At 1:20pm: [LON:SNT] share price was +0.5p at 36.5p



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