Badger Meter, Inc. and American Meter Company Restructure Business Relationship.MILWAUKEE--(BUSINESS WIRE)--Feb. 9, 1999--Responding to a dynamic utility marketplace, Badger badger, name for several related members of the weasel family. Most badgers are large, nocturnal, burrowing animals, with broad, heavy bodies, long snouts, large, sharp claws, and long, grizzled fur. Meter, Inc. (AMEX AMEX See: American Stock Exchange :BMI BMI body mass index. BMI abbr. body mass index Body mass index (BMI) A measurement that has replaced weight as the preferred determinant of obesity. ) and American Meter Company of Horsham, PA, have redefined their business relationship to enable both companies to continue to maintain their strong relationship while also pursuing other opportunities in the marketplace. The original agreement, dating back to 1990, successfully positioned Badger with TRACE(R), the first drive-by/walk-by Radio Frequency (RF) based Automated Meter Reading (AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. ) system in the water industry. In principle, under the new non-exclusive arrangement, Badger and American will continue working closely together on current and future endeavors relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc TRACE opportunities. Other opportunities may now be addressed independently on a worldwide basis. "Our relationship with American Meter has been mutually rewarding and establishes an excellent foundation for future growth of TRACE at water utilities," commented Robert D. Belan, executive vice president of Badger Meter, Inc. "Through our alliance with American, the development of the TRACE technology for the water industry has had unparalleled success, with over 1,000,000 units shipping to over 300 utilities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the largest being Agua de Mexico in Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi with over 250,000 units installed since 1995. Joint cooperative efforts have resulted in customer-driven innovation, including unique pre-wired solutions for both indoor and outdoor (pit) applications," Belan added. Harry I. Skilton, president and chief executive officer of American Meter Co., reflects, "Our relationship with Badger Meter has yielded benefits far beyond our original estimates. The respective strengths and focus of our two companies has very successfully positioned TRACE RF offerings, as many utilities begin implementation of automated meter reading systems." Badger Meter is a leading marketer and manufacturer of flow measurement and control technology as well as the leader in providing digital connectivity to leading AMR technologies. Badger Meter company news is available 24 hours a day, on-line at: http://www.badgermeter.com |
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