KUALA LUMPUR (June 29): Insights Analytics Bhd (KL:IAB) has signed a memorandum of understanding with Pipeline Inspection and Assessment Pty Ltd (PIA) to be the exclusive distributor of the Australian company's pipeline inspection and condition assessment solutions in Malaysia. The MOU serves as a framework for the two companies to negotiate a definitive distribution agreement, which will set out the detailed terms of their commercial partnership, said Insights Analytics in a filing with Bursa Malaysia on Monday. The Sarawak-based water technology and intelligent asset management solutions company said PIA is based in New South Wales and develops technologies used to assess the condition of pipelines and detect water losses for utility operators and other industries that rely on pipeline networks. “The exclusive national distributorship with PIA enables Insight Analytics to represent, market, and distribute PIA's pipeline inspection and condition assessment solutions, which include the p-CAT suite of proprietary technologies, throughout Malaysia and across all industry sectors,” the company added. Insights Analytics said the arrangement complements its existing business in water technology and asset management solutions by broadening its portfolio of pipeline monitoring and inspection offerings. According to PIA's website, its technology includes external pipeline inspection systems that assess corrosion, wall thickness and the condition of pipelines without excavation or interrupting operations. The tools are also used to estimate pipeline integrity, failure risk and remaining service life. The products cover industries such as water utilities, oil and gas, smart cities, infrastructure, construction, healthcare and property development. In a press statement, Insight Analytics said it has started the country’s first p-CAT pilot deployment in collaboration with Lembaga Air Perak, covering approximately seven kilometres of water pipeline in Perak. Managing director Frank Wee said the partnership marks a significant step in the company’s mission to bring pipeline diagnostic technology to Malaysia, adding that