MeterSmart L.P. Consolidates Electric Metering and Data Processing Companies to Increase Level and Value of Service to Utilities and Their Customers.Business Editors DALLAS--(BUSINESS WIRE)--Sept. 30, 2002 MeterSmart L.P. announced today that it has consolidated its advanced metering hardware and value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. divisions. Under the new arrangement, all metering hardware and data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a software services from, respectively, Langhorne, Pa.-based E-MON L.P. (acquired in January 2002) and Arlington, Texas-based Utility Data Resources Inc. (acquired in June 2001), will be collocated under MeterSmart. This will result in a significant increase in the breadth and value of the company's combined portfolio of hardware and value-added services to utilities and their commercial, industrial and residential customers by leveraging the synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. expertise that each individual subsidiary brings to the electric utility market segment. MeterSmart is backed by the financial power and strength of Hunt Power, a subsidiary of Hunt Oil Company. Hunt Power is rapidly becoming a leading player in the energy industry with its portfolio of advanced metering products and services, as well as distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or , cogeneration cogeneration In power systems, use of steam for both power generation and heating. High-temperature, high-pressure steam from a boiler and superheater first passes through a turbine to produce power. and IPP (Internet Printing Protocol) A protocol for printing and managing print jobs over the Internet using HTTP. Initially conceived by Novell, Xerox and others, the IETF made it a standard in 2000 that includes authentication and encryption. See printing protocol and LPD. projects. With focus in the utility space, MeterSmart offers a wide range of communication-ready submetering hardware, backed by E-MON's 20+ year reputation as a leading supplier of quality electronic kWh and Demand meters, interval data recorders A data recorder is a piece of equipment which records data, and may also be called a data logger. Examples of data recorders are:
Synonymous in the industry with reliability and integrity, MeterSmart's services include data collection, VEE (validation, editing, and estimation), secure Web-presentation of load data, event alarming and notification, on-demand meter reading, as well as valuable daily, weekly and monthly usage summary reports via email. MeterSmart also provides Web-based Real-Time Pricing (RTP (1) (Rapid Transport Protocol) The protocol used in IBM's High Performance Routing (HPR) system. (2) (Realtime Transport Protocol) An IP protocol that supports real time transmission of voice and video. ) services for a growing customer base of electric utilities offering RTP programs to their customers. "Putting actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. information into the hands of energy consumers is so important in today's environment of rising energy costs," said MeterSmart Senior Vice President Dan Price. "We provide utilities with the tools to add real value to their customer relationships -- not just through cutting-edge technology for those who want it, but by providing a level of service that makes a difference for every class of customer, not just the volume energy user." As a result of this consolidation, MeterSmart's industry-leading engineering development and technical staff offers a level of product and service support that is second to none in the utility market segment. MeterSmart has recently launched a highly experienced utility sales team, backed by an extensive advertising and marketing budget, plus further investment continues to be made in the development of new hardware functionality and services specifically targeted to utility needs. |
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