NATIONAL INNOFINLAND PRIZE 2005

Leakomatic Ab, Mariehamn: Leak detector

The business concept of Leakomatic Ab is based on a patented invention enabling an easy and economical observation of leaks and flows in pressurised piping systems, such as in industrial piping systems or in water pipes in buildings.

The company’s vision is to develop and sell the slow-leak detector and thereby to make it a common element in the water distribution systems of buildings in the future. The invention can also be used in tailor-made leak detector solutions in the industrial field, for example. At the moment, the company is canvassing the market and, in 2006, it will begin to sell its product on the Finnish, Swedish and Norwegian market.

The intelligent slow-leak detector measures, warns and, if necessary, shuts off the water both when it comes to hidden drop leaks and undesired flows. The invention is very accurate and indicates leaks at an early stage. The product is controlled with a simple control panel similar to that of a normal alarm system.

The leak detector for households is serially produced in Åland. Up to now, the detector has mainly been sold in strategic co-operation with an insurance company in Åland. Leakomatic has had good experiences from the installations. They are easily carried out and have in many cases reduced water consumption since the hidden leak is indicated and has been taken care of.

Leaks in water distribution systems are an enormous problem. Each year, more than 250,000 water damages are registered in buildings in the Nordic Countries. It costs over 700 million euros to solve these problems. In addition to high repair costs, they also cause inconveniences to people in their everyday life.

Entrepreneur Jaakko Jakobsson founded Leakomatic Ab in the spring of 2003. At present, the company has two employees.

Leakomatic Ab, Godbyvägen 3 B, AX-221 00 MARIEHAMN, Åland
Product Developer Mattias Sjöstrand
Tel. +358 (0)18 210 21, Fax +358 (0)18 21 02 12
leakomatic@aland.net
www.leakomatic.com