ACCUFLOW ANNOUNCE €1 MILLION INVESTMENT WITH THE CREATION OF 30 JOBS

Accuflow, a global manufacturer of wireless technology, is set to transform home energy bills across the country thanks to Smartzone – new smart home heating controls which will save consumers an average of €300 a year, equating to potential national annual savings of over €400m

This announcement follows a €1 million backing by cleantech investors. The Cork based company, which has offices in Britain, Italy and China, is planning a major three year global expansion which will increase its workforce from ten to 40 people on foot of this major investment. These 30 new jobs will be filled across sales, administration, marketing computer programming and software development roles.

There is a huge opportunity in the home heating market with 68% (1.3million) of Irish homes being classed as energy inefficient by current standards. The direct impact of this is hundreds of millions of euros in wasted energy as well as over 1.1 megatons of unnecessary CO2 emissions. For a once-off cost of only €199*, including installation, Smartzone will enable consumers to manage their heating, both upstairs and downstairs independently, and hot water at the simple touch of a button from any smartphone, tablet or PC device from the comfort of your couch, a sandy Irish beach or the top of the Eiffel Tower.

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