About Derceto

Named after the Assyrian goddess of water, Derceto develops, supports and sells the Aquadapt^® suite of water utility optimization software to water utility companies worldwide.

Derceto’s Aquadapt gives water utilities the power to slash energy costs, lower carbon emissions and boost quality and resource efficiency. Aquadapt reduces energy bills by 10 to 20 percent, which can amount to savings of millions of dollars per year for many utilities.

Aquadapt is a unique, real-time ‘customized off-the-shelf’ software solution purpose-designed to optimize water production and distribution. Integrating with existing SCADA systems, Aquadapt reads live field data to instantly create the most effective pump valve and water treatment plan schedules, adapting them in real time to changes in demand, energy pricing and unforeseen events in the network – ensuring water is delivered where it is needed at minimum cost and maximum quality. The user-friendly interface makes it easy for operators to step in at any time to take control, schedule maintenance or brush up on operational skills.

Derceto’s Aquadapt is now implemented in 16 systems for 13 water utilities in the United States, UK, Canada, South Korea, Australia and New Zealand, delivering energy savings of 10-20 percent, totaling more than US$8M annually. Aquadapt creates greenhouse gas reductions of 6% to 8%, or an annual total of 20,000 tonnes of CO2, as well as significant gains in water use efficiency and quality. More than 16 million people now receive water delivered by systems optimized by Aquadapt, with over 2100 assets such as pumps and valves under Aquadapt automated control.

Aquadapt delivers on the key tenet of sustainability: it saves more than it costs, in money, in time, and in resources.

Derceto is a private company registered in New Zealand in 2004 as a spin off from New Zealand’s largest employee-owned engineering firm, Beca, with funding and ongoing shareholding from venture capital investment company Endeavour Capital (an NZVIF fund). Software development is based in Auckland, with sales and support offices in San Francisco, Toronto and London.

About the Beca Group

Beca is an international employee-owned engineering and related consultancy services group covering engineering, planning, project management, architecture, GIS and surveying, cost estimating, asset management and valuations. Established in New Zealand in 1918, Beca has now grown to encompass a substantial Asia-Pacific footprint with interests in North America, South America and Europe. Some 2,500 Beca employees are working on projects out of 19 base offices in throughout the world with teams working on projects integrating many disciplines over a wide range of industries and sectors. This strength in diversity, coupled with size and reputation for innovation, quality and technical excellence, has secured for Beca award-winning landmark projects in more than 70 countries. Beca is ranked 77th in the top 200 international design firms (Engineering News Record 2005) is an ISO 9001:2008 quality assurance certified organization.

See: www.beca.com

About Endeavour Capital and i-Cap Partners

Endeavour Capital is a leading New Zealand-based venture capital company investing in innovative companies in science and technology. Starting in 1999 its investments include companies in biotechnology, software and medicine. Working with i-Cap Partners Ltd they manage one of New Zealand's Venture Investment Fund (NZVIF), a Government fund designed specifically to invest in NZ-based start-up and expanding companies.

Drawing on the experience of a Management Team that has set up numerous successful companies in both New Zealand and the United States, Endeavour was bought onboard in April 2004 to support Derceto's international growth.

See: www.ecap.co.nz

A member of the SWAN Forum

Derceto is a founding member of the Smart Water Networks Forum (SWAN). SWAN is a worldwide industry forum promoting the use of data technologies in water networks, making them smarter, more efficient and more sustainable.

See: www.swan-forum.com