RCS - Iomart Group PLC - Carbon reducing technology prototype

iomartAnnouncement

04/11/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211104:nRSD2737Ra&default-theme=true

RNS Number : 2737R  Iomart Group PLC  04 November 2021

04 November 2021

iomart Group plc

 

("iomart", the "Group" or the "Company")

 

iomart provides test environment for carbon reducing technology in partnership
with Katrick Technologies

 

First of its kind cooling system powered by waste heat could significantly
reduce data centre carbon emissions

 

iomart (AIM:IOM), the cloud computing company, today announces the
implementation of a prototype passive cooling system in its Glasgow data
centre. Test results for the new cooling system indicate the potential for an
up to 50 per cent reduction in electrical power consumption by the site's
cooling system, which could have a significant impact on the carbon footprint
of the data centre industry as a whole and help the industry on its way to
carbon neutrality.

 

Glasgow-based Katrick Technologies has designed, patented and manufactured a
system that uses heat energy, in this case a by-product of a data centre's day
to day operations, to power the cooling systems for the data centre's servers.
The technology, which aims to replace the energy intensive condensers that
account for around 45 per cent of a data centres' electricity consumption,
captures heat energy and, through the use of bi-fluids, converts it into fluid
vibrations which, in turn, move specially designed fins to create the desired
cooling effect.

 

The patented technology was installed at iomart's Glasgow site in October 2021
and tests performed on the passive cooling system show that the system is
performing better than expected.

 

Reece Donovan, Chief Executive Officer of iomart said: "Data centres are
essential to a more connected, digital future, but the environmental impact of
the sector is something the industry has to come to terms with. Through
projects like this, we are able to play an active role in taking steps towards
a greener future for the tech industry. We are delighted to have already seen
the potential impact of this technology at our Glasgow data centre."

 

Vijay Madlani, Co-CEO of Katrick Technologies added, "These tests show
Katrick's passive cooling system could reduce a data centre's total energy
consumption by up to 25% per cent. Innovation is essential in the fight
against climate change, and these test results clearly show a major step
forward in reducing the environmental impact of not just one data centre, but
of the whole industry."

 

To see the technology in action, please visit here
(https://iomart.wistia.com/medias/lvnu4ttjxd) .

 

For further information:

 iomart Group plc                                                                      Tel: 0141 931 6400
 Reece Donovan, Chief Executive Officer
 Scott Cunningham, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser and Joint Broker)                                    Tel: 020 7418 8900
 Edward Knight, Paul Gillam, James Smith

 Investec Bank PLC (Joint                                                              Tel: 020 7597 4000
 Broker)
 Patrick Robb, Virginia Bull, Sebastian Lawrence

 Alma PR                                                                               Tel: 020 3405 0205
 Caroline Forde, Hilary Buchanan, Joe Pederzolli

 

 

About iomart Group plc

 

iomart Group plc (AIM: IOM) is a cloud computing and IT managed services
business providing hybrid cloud infrastructure, network connectivity, security
and digital workplace capability. Our mission is simple: to make our customers
unstoppable by enabling them to connect, secure and scale anywhere, anytime.
From our portfolio of data centres we own and operate across the UK to
connected sites around the world, our 400-strong team we can design and deploy
the right cloud solution for our customers.

 

For further information about the Group, please visit  www.iomart.com
(http://www.iomart.com/)

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRADKNBNOBDDQDK