Partnership expands smart meter program in Mediterranean island
Malta's Water Services Corporation on the Mediterranean Island of Malta, has expanded its contract with Itron as a part of its nationwide water grid.
LIBERTY LAKE, WA, May 7, 2014 -- Malta's Water Services Corporation (MWSC), a water provider to 400,000 residents and over 1 million annual tourists in the Mediterranean's island of Malta, has expanded its contract with Itron, Inc. (NASDAQ: ITRI), a technology and services company, as a part of its nationwide water grid.
As part of the smart water grid program, the meters are helping to increase operational efficiency and improve customer service in the region. Accordingly, MWSC has successfully installed 120,000 Itron smart water meters and has signed a contract for an additional 33,000.
Lacking significant natural water resources, Malta is faced with the challenge of delivering an affordable, secure water supply to its residents. Itron's reliable, accurate smart water metering technology provides a foundation for the island to improve operational efficiency, increase system reliability and enable residents to track and manage their consumption activity, ultimately allowing for better management of precious water reserves.
Itron is a technology and services company dedicated to the resourceful use of energy and water. We provide comprehensive solutions that measure, manage and analyze energy and water. Our product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. Itron applies knowledge and technology to better manage energy and water resources. For more information, visit www.itron.com.