Onzo

Onzo signs multi-year, multi-million pound deal with Jabil to produce smart energy kits

Onzo, the creator of smart customer solutions for utilities, has signed a multi-year, multi-million pound deal with electronic product solutions company Jabil, which will allow Onzo to deliver its Smart Energy Kits to customers across the world.

Jabil will begin manufacturing the in-home displays and power sensor in Poland during the first quarter of next year, paving the way for Onzo to supply its energy monitoring kits to utility customers in Europe, North America and Australasia.

The kits, which will come in a range of colours, enable consumers to monitor energy consumption in their home, helping people to reduce electricity bills – and their carbon footprint. The system comes with a sensor, which is clipped to the meter cable; a wireless, rechargeable, hand-held display, which tells consumers in real time how much energy they are using and what it is costing them; and access to web services.

Last year, Scottish and Southern Energy signed a deal to invest in Onzo and placed an initial order for the Smart Energy Kit as part of an exclusive UK & Ireland deal. This new agreement with Jabil will allow Onzo to not only meet this demand, but take their device into other markets.

Joel Hagan, CEO of Onzo, said: “This agreement will provide Onzo with European manufacturing capabilities to deliver our Home Energy Kits to some of the largest and fastest growing home energy monitoring markets in the world.

“Jabil’s high-quality standards and extensive experience in the manufacturing industry makes them an ideal partner for producing Onzo’s products in the volumes necessary to serve our utility customers.”

Kevin Mazula, Vice President of Global Business Units for Jabil, said: “We are excited to be working with Onzo, a leader in this fast developing sector, and happy to continue expanding our home energies portfolio of partnerships.”

ENDS

NOTES TO EDITORS

Jabil

Jabil is an electronic product solutions company providing comprehensive electronics design, manufacturing and product management services to global electronics and technology companies. Jabil helps bring electronics products to the market faster and more cost effectively by providing complete product supply chain management around the world. With more than 85,000 employees and facilities in 22 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, “JBL”. Further information is available on the company’s website: www.jabil.com

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