RALEIGH, NC - April 21, 2008
Having the ability to issue monthly billing, enhance water conservation, and conduct office-based final meter reads are the crucial components of FlexNet, from Sensus Metering Systems, which prompted water officials from Horseheads, New York to deploy this technologically advanced system as its meter reading solution.
More than 3,400 endpoints, with the patented FlexNet system, are now installed in this 3-square-mile village, which represents a total migration from the Sensus TouchRead system. FlexNet is a tower-based Advanced Metering Infrastructure (AMI) solution that operates utilizing FCC licensed dedicated frequency owned by Sensus Metering Systems. This Primary-Use license provides crystal clear transmissions in an uninterrupted, undisturbed path that has up to double the power of competing systems.
The benefits of the move were experienced immediately. First, the utility could provide monthly billing instead of its previous quarterly billing system. Second, the advanced leak detection system allowed for faster repairs, which increased water conservation. Third, because of the legendary winters in this region, the ability to keep staff out of the harsh elements to complete meter reads helped drive the decision to deploy FlexNet, said Chris Lawrick, Director of Public Works, of Horseheads village.
“This new system takes the weather concerns and placing our staff into dangerous weather conditions out of the equation,” Lawrick said, Because Horseheads already used Sensus’
TouchRead system, officials saved time and money in the FlexNet deployment via the simple migration path from TouchRead to FlexNet. In addition, as a TouchRead customer, Horseheads was able to utilize the latest Sensus transmitter, featuring the patented TouchCoupler technology. Upgrading to the FlexNet system was accomplished by simply plugging the existing TR/PL into the new, assembled transmitter.
“We were able to optimize our manpower resources by having our own personnel handle the installation process,” Lawrick added.
Finally, FlexNet’s single-tiered architecture, primary use license system and its 2 watts of power is allowing for greater transmitter range from minimal infrastructure, which in turn is lowering operating costs, Lawrick said.
FlexNet is a simple, flexible and reliable RF fixed network utility meter reading system, which is designed to increase meter reading efficiency, reduce overhead costs, and enhance customer service. FlexNet offers both two-way and one-way fixed based monitoring for both urban and rural areas. The primary licensed system and high powered transmitters provide the most robust system available in the market. In addition, the system is designed to be scalable to accommodate growth as a utility expands the meter deployments throughout its service territory.
About Sensus Metering Systems
The Sensus Metering Systems companies are leading world-class providers of water, gas, heat and electric meters including comprehensive metering communications system solutions that comprise both automatic meter reading (“AMR”) and advanced metering infrastructure (“AMI”) systems. Additional linked businesses include Smith-Blair, Inc. a leading provider of pipe clamp & coupling products for the water, gas, and industrial markets; and Sensus Precision Die Casting a producer of complex, high quality die castings.
All statements in this release, other than historical facts, are made in reliance on the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are subject to change at any time. These statements reflect the Company’s current expectations regarding its financial position, revenues, cash flow and other operating results, business strategy, financing plans, forecasted trends related to the markets in which the Company operates, legal proceedings and similar matters. The Company’s expectations expressed or implied in these forward-looking statements may turn out to be incorrect. The Company’s actual results could be materially different from its expectations because of various risks. These risks, some of which are discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K (SEC File No. 333-113658) for the fiscal year ended March 31, 2007 as filed with the Securities and Exchange Commission on May 16, 2007, include its dependence on new product development and intellectual property, and its dependence on independent distributors and third-party contract manufacturers, automotive vehicle production levels and schedules, its substantial financial leverage, debt service and other cash requirements, liquidity constraints and risks related to future growth and expansion. Other important risks that could cause actual events or results to differ from those contained or implied in the forward-looking statements include, without limitation, the Company’s ability to integrate acquired companies, general economic and business conditions, competition, adverse changes in the regulatory or legislative environment in which the Company operates, and other factors beyond the Company’s control.