ista Acquires Metering Service Provider ROWI.ESSEN, Germany -- ista, the international market leader in consumption-based billing of energy, water and ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim. costs, acquires ROWI ROWI Roger Williams National Memorial (US National Park Service) ROWI Return on Web Investment Heizkostenverteiler GmbH located in Bad Oeynhausen Coordinates: Bad Oeynhausen is a spa town in the Minden-Lübbecke district, in North Rhine-Westphalia, Germany Geography Bad Oeynhausen is located on the banks of the Weser river, which runs along the eastern edges of the town. near Bielefeld with effect from September 20, 2005. The metering service provider in East Westphalia was established in 1968 and recorded sales of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.5 million in 2004 with 20 employees and more than 50,000 dwellings billed. The previous owners have decided to sell now for age and health reasons. For Walter Schmidt, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ista International, "ROWI is a perfect addition to our portfolio since it has an identical business model. The company will give us stronger presence and therefore a better competitive position, especially in the Bielefeld/East Westphalia region." Mr. Schmidt sees potential for providing modern meters and services. The new managing directors, Norbert Schulze and Dr. Dieter Hackenberg from ista Deutschland, jointly manage the company with immediate effect. Commenting on the sale, the former owners said: "In ista we have found the ideal partner for our customers; it will continue to offer the individual service which they are accustomed to receiving from our company." ista ista is the global market leader in consumption-based billing of energy, water and ancillary costs. The services offered to property managers, house-owners or utilities range from the delivery and installation of metering equipment to the metering and billing of consumption. ista had another successful year in 2004 with sales of approx. EUR 447 million. The roughly 3,200 employees worldwide record and calculate the individual energy and water consumption of approx. 10 million units (both residential and commercial). You can download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. pictures for this press release from the ista picture database at http://picture-gallery.ista.de/presse/index.jsp?lang=en |
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