LONDON, Feb. 21, 2014 /PRNewswire/ -- CINTEP, maker of the world's most efficient shower systems, will present at CleanEquity Monaco 2014 on March 27th & 28th at the Sporting d'Hiver, Monaco.
CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London based specialist cleantech investment bank.
Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, Qualcomm, PR Newswire, Kwittken & Company, the Monte-Carlo SBM and Monaco Chamber of Economic Development.
CINTEP has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.
CINTEP is an Australian company that has developed the most energy and water efficient shower in the world, and is expected to disrupt the US$12.2bn global shower industry. Showering uses more water than any other household activity and more energy than anything other than space heating or cooling. CINTEP's showers reduce water consumption, energy consumption, CO2 emissions and running costs by 70% but with no reduction in flow rate at the showerhead.
CINTEP's shower incorporates a touch screen control, an internet ready digital control system that gives precise temperature and flow control and enables real time 2 way communication with building management systems. It eliminates cold water on startup, provides unlimited hot water volume independent of a hot water system and offers personal pre-sets and a remote control option.
In 2011 CINTEP won the world's largest CleanTech competition, The Green Challenge, and has also won a Dyson award and received A$0.8M grant funding from the Australian government.
CINTEP's shower will be available in early 2015 and the company is actively seeking distributors as well as investment funding at CleanEquity Monaco.
Nick Christy, the company's CEO said, "it's a huge privilege to be selected to present and will help us bring better, more efficient, digital showers to the world, next year."
About Innovator Capital
Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.
SOURCE Innovator Capital