Water management software maker wins Korean contract

Derceto signs deal with Korea's K-Water utility

New Zealand water utility software provider Derceto has won a contract to provide South Korea’s K-Water with Derceto’s Aquadapt software.

In a statement announcing the deal, Derceto CEO Wayne Spittal says the contract is worth more than NZ$1.3 million. Implementation is underway and due to be completed by April 2011, with local support being provided by Derceto’s Korean partner, KC Samyang.

K-Water will use Aquadapt to create pump, valve and water treatment plant schedules, among other functions.

The K-Water win will add to Derceto’s other contracts with water utilities around the world. Its other clients include Maroochydore Water Services in Queensland, several US water utilities and Greater Wellington Water.

Derceto was spun out of engineering firm Beca Group in 2003, following installations of the Aquadapt software developed by Beca.

It has offices in the US, UK and Canada as well as New Zealand.

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