Kevin Meagher, founder CEO of Intamac Systems comments, “We are delighted to have secured this funding to support our continued growth. The Connected Home market is very active and we have made excellent progress in growing the business to become a global leader. We are opening new channels with an exciting new range of products and services which were previewed and demonstrated at the Consumer Electronics Show in Las Vegas, January 2010. These IP enabled self-install products are ideal for service providers and utilities seeking to deploy new value added service bundles to their customer base”.

Adam Workman, CT Investment Partners said: “Intamac’s technology opens up a new level of energy management to consumers helping improve energy efficiency and carbon savings in the home. We’re delighted to be making this investment in a market that has huge potential for growth in the UK and abroad.”

Intamac has already developed partnerships with D-Link, British Telecom, Technicolor, Alcatel Lucent, and IAG (Australia’s largest insurance company), and has a number of leading European telcos and utilities currently piloting systems.

Intamac recently demonstrated its product & service capabilities at the CONNECTIONS™ Digital Living Showcase & Conference hosted by Parks Associates at the Santa Clara Convention Centre CA, where Kevin Meagher was a guest speaker on the ‘Energy Management as Key Application for Home Controls’ panel. The company will also be exhibiting and presenting at the inaugural Telecoms Cloud Services Summit to be held 17 & 18th June at the Hallam Conference Centre, London.