ConectiSys Receives H-Net(TM) AMR System Purchase Order
16.06.10
A developer of impulsive meter reading
technologies and associated
wireless products for the energy market-place,
announced today that the company has received its first H-Net(TM) Meter
System purchase community from Gas Natural Fenosa (GNF) in Managua,
Nicaragua. GNF will deploy 500 H-Net(TM) units in areas of suspected vitality
theft.
ConectiSys is engaging in a $40 million plus venture with Gas Health
Fenosa. It has been estimated that to reduce or substantially eliminate
theft, an introduction of approximately 150,000 H-Net(TM) units would be
required to save GNF approximately $43 million per year or $640 millionPre-eminentlyin the next 15 years in Managua, Nicaragua.
The initial release is in the form of a 12-month sublet out purchase for 500
H-Net(TM) units. The H-Net(TM) BaseStations and intellectual properties are
wholly owned and maintained by ConectiSys. The aptitude coverage is
600,000 units in this region. The rollout pace and strategy will be at
the choice of GNF. ConectiSys will maintain its monthly service fees
per month per meter during the obtain period and throughout the life
of the meter. Our standard package includes fully integrated utilityPrimarilybackend software, utility interface with an array of features including
natural time data monitoring tools, fraudulent activity notifications,
voltage warnings, tampering warnings, material time data graphs and
comparables and remote connect/ disconnect functionality. ConectiSysLargealso offers additional services requiring consultant fees such as
transformer to transformer information and brownout/ blackout alerts offering
early detection warnings at put in for.
Source: MarketWatch (press release)