Elster Electricity Announces Distribution Agreement with Electro Industries/GaugeTech to Offer High Performance...

Elster Electricity Announces Distribution Agreement with Electro Industries/GaugeTech to Offer High Performance Nexus Utility Billing Meters



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Raleigh, N.C.–(HISPANIC PR WIRE – BUSINESS WIRE)–January 25, 2005–Elster Electricity, LLC is pleased to announce they have signed an agreement with Electro Industries/GaugeTech (EIG) to distribute Nexus electricity meters and software. The agreement enables Elster to offer EIG’s high performance utility billing meters with communications and advanced power quality features to domestic and international customers while expanding EIG’s market footprint. EIG, headquartered in Westbury, N.Y., is a world leader in power monitoring and metering technology.

Nexus meters are specifically designed to meet the sophisticated standards required by utility companies and deregulated power providers. The Nexus meter line provides a communications platform to enable extensive advanced monitoring features including substation and transmission grid inter-tie monitoring. Standard features in Nexus meters offer the flexibility to meet advanced metering needs in the future.

“We’re excited that our new alliance with Electro Industries will help us serve our customers’ advanced metering needs more completely,” stated Sharon Allan, chief knowledge officer of Elster Electricity.

“The Nexus meter with its simultaneous multi-port communications and high-speed waveform capture is an advanced power quality meter that augments our extensive ALPHA(R) electronic meter line. In addition, the Nexus meter’s user-friendly software eliminates most of the complexities often found in software for other high-end, advanced function meters.”

About Electro Industries/GaugeTech (http://www.electroind.com)

EIG is the leading manufacturer of high-end electrical digital energy and revenue meters. Products include socket form meters, panel meters and substation automation solutions. Most products include advanced features such as DNP 3.0, Ethernet and control capabilities.

EIG’s series of Nexus meters are high performance utility billing meters with communications and advanced power quality features.

About Elster Electricity, LLC (http://www.elsterelectricity.com)

Elster Electricity, LLC, a subsidiary within E.ON’s Ruhrgas Industries, offers integrated, cost-effective solutions including advanced electricity meters, communication solutions and metering automation systems for residential, commercial and industrial applications. Elster Electricity (formerly ABB Electricity Metering) is located in Raleigh, North Carolina and is a leading provider of electricity metering products and services throughout the world.

Designed to meet the diverse electricity metering requirements of a global customer base, Elster’s metering products include advanced high accuracy ANSI and IEC electricity meters, the EnergyAxis(R) System with intelligent two-way communications featuring the electronic REX(R) meter, and the ALPHA(R) meter line. Elster Electricity serves customers through a global sales force.

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CONTACT:

Elster Electricity, LLC

Gabrielle Puccio, 919-250-5413

Fax: 919-250-5489

Elster Electricity Announces Distribution Agreement with Electro Industries/GaugeTech to Offer High Performance Nexus Utility Billing Meters