Wolftank-Adisa Holding AG announces new wetstock monitoring solution

Wolftank-Adisa Holding AG, based in Innsbruck, announces the launch of a new innovative technological product for monitoring gas stations 24/7.

Created and developed by its Spanish subsidiary AlterEco together with Leighton O’Brien, a leading fuel analytics technology provider, the new software called Wetstock Life™ was integrated successfully into the existing EcoManager™ platform and will deliver the leading EPA-certified wetstock management solution for the most accurate leak detection and smartest wetstock intelligence to market.

Gustavo Mezquita, CEO at AlterEco said: “Wetstock Live™ within EcoManager™ will enable our customers to achieve the highest compliance, given its SIR (Statistical Inventory Reconciliation) certification. Detecting the smallest leaks and losses in real time is a major advantage. In addition, the intelligence and automation built into the software to recalibrate tank gauges to reduce false alarms as well as 24/7 alarm monitoring capability is enabling our personnel to prioritise, track and respond to alarms. A very powerful proposition for our customers!“ he added.

AlterEco is already actively monitoring more than 175 retail fuel sites in Spain with EcoManager™ and Wetstock Live™.

„We’re confident we can capitalise on further significant global market opportunities with a proven, certified solution that identifies true fuel losses and other issues in real-time, allowing retail fuel networks to stay in observance of regulation and run their operations efficiently and profitably“ so Mezquita.

About Wolftank-Adisa Holding AG:

Wolftank-Adisa Holding AG is the parent corporation of an international group of companies focusing on environmental protection services for contaminated soils and facilities, remediation and monitoring of (large-scale) tank farms, as well as  full-service engineering services for LNG- and petrol stations. The company is active worldwide and uses various patented application technologies with the aid of high-tech epoxy resins developed in-house.

Wolftank-Adisa Holding AG (ISIN: AT0000A25NJ6; WKN: A2PBHR) is trading on the Munich Stock Exchange and is also listed on the Vienna Stock Exchange in the  direct market plus segment.

 

Here you find this corporate news as a download:

 

Note: All requirements of the Austrian Stock Exchange Act regarding the requirement of a formal admission of financial instruments for trading and issuer obligations on a regulated market for financial instruments traded on the Third Market do not apply, but in particular the requirements set out in Art. 17 (Publication of Insiders, Contract participation “direct market plus” | December 2018), Art. 18 (Insider Lists) and Art. 19 (Directors dealing) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the obligations laid down in the respective national legal rules pursuant to the Stock Exchange Act and the prohibitions of Art. 14 (Insider Trading) and Art. 15 (Market Manipulation) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the respective national legal rules pursuant to the Stock Exchange Act do apply.

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