Itron Books Order with Hydro-Quebec for 30,000 AMR-Equipped Solid-State Electricity Meters.SPOKANE, Wash. -- Itron Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ITRI ITRI Industrial Technology Research Institute (Taiwan, ROC) ITRI Information Technology Research Institute ITRI Inhalation Toxicology Research Institute ITRI International Tin Research Institute Ltd ITRI Information Technology Reuse Initiative ) announced today that it has signed a contract worth nearly $2 million with Hydro-Quebec to deliver 30,000-plus AMR-equipped solid-state electricity meters. The meters are scheduled to be delivered between now and the end of March, 2005. Hydro-Quebec will purchase Itron solid-state CENTRON(R) C1SR meters factory-equipped with integrated Itron 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. technology to support residential metering applications. Hydro-Quebec customer accounts grew 50,000 per year recently -- outgrowing the Capital and O&M costs. The Itron CENTRON meters will help the utility face the growth challenges while increasing efficiency and productivity. A long-time customer of Itron, Hydro-Quebec evaluated a number of AMR technologies and decided to deploy CENTRON C1SR meters after extensive research and testing, said Serge serge 1 n. A twilled cloth of worsted or worsted and wool, often used for suits. [Middle English sarge, from Old French, from Vulgar Latin *s Pettipas, Chef Strategie, Planification Support Activites Mesurage et Releve. "Itron's AMR and electricity metering technology has proven itself in terms of market acceptance and internal Hydro-Quebec testing," said Pettipas. "Hydro-Quebec has the largest and one of the most extreme service territories 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. . Given such challenges, we invested significantly in the approval of new technologies to ensure that all operational challenges will be met." Itron's AMR-equipped electricity meters enable utilities to collect advanced metering data accurately, efficiently and more frequently via wireless communication networks. Utilities can then use that data to support a wide variety of customer service and energy delivery applications, such as time-of-use rates, demand response and asset management. Recent changes in Canadian regulations have proven to be more favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. for advanced metering. In August, Itron announced that it had received accreditation from Measurement Canada to inspect and seal electricity meters at the company's Oconee, S.C., factory for shipments to Canadian utilities Canadian Utilities Limited TSX: CU.NV is a member of the ATCO Group of companies. It is a Calgary, Alberta company operating businesses in power generation, utilities, logistics and energy services and technologies. It has than 5,000 employees. . Itron is the first company outside of Canada to gain such accreditation. In addition, Measurement Canada has granted the Itron CENTRON electronic singlephase meter a 10-year initial seal period, allowing the meter to remain in the field for 10 years prior to sampling for accuracy. The CENTRON is the first electronic meter to be granted an extended initial seal period. "We are very pleased with Hydro-Quebec's decision, both as a validation of Itron's technology, and as a clear indication that the Canadian utility industry is beginning to invest in advanced metering technology to meet critical objectives," said Scott Owen Scott Bradley Owen (born February 14 1975) plays the double bass in the Australian rock band The Living End. After playing the piano for many years, he decided that the keys would not work for a rockabilly band, so at age 17 he purchased and taught himself double bass, letting him , vice president of Itron's Canadian operations. "There has been significant regulatory change in the Canadian market place in the last two years allowing Canadian Utilities such as Hydro-Quebec to take advantage of the operational and consumers benefits afforded by advanced solid-state metering and AMR technology." About Itron Itron is a leading technology provider and critical source of knowledge to the global energy and water industries. More than 3,000 utilities worldwide rely on Itron technology to provide the knowledge they require to optimize the delivery and use of energy and water. Itron creates value for its clients by providing industry-leading solutions for electricity metering; meter data collection; energy information management; demand response; load forecasting, analysis and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" ; distribution system design and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. ; web-based workforce automation; and enterprise and residential energy management. To know more, start here: www.itron.com. About Hydro-Quebec Hydro-Quebec is the largest Electricity Utility in Canada, using more than 3.5 million meters for nearly 3.7 million residential, institutional and industrial customers' accounts. With 22,000 employees and revenue of more than CA $11 billion in 2003, Hydro-Quebec is a major producer, transmission provider and distributor of electricity. It has generating facilities with a total installed capacity of 33,616 MW. In 2003, Hydro-Quebec had electricity sales of 15.8 TWh with neighboring neigh·bor n. 1. One who lives near or next to another. 2. A person, place, or thing adjacent to or located near another. 3. A fellow human. 4. Used as a form of familiar address. v. utilities in Canada and the U.S. More info on www.hydroquebec.com. |
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