Datamatic wins accolades at 14th Annual Dallas 100 Awards Banquet
PLANO, TX, Nov. 23, 2004 (BUSINESS WIRE) -- Datamatic Ltd. captured honors for the second consecutive year at the prestigious Dallas 100 awards. Datamatic earned the 41st spot on the Dallas 100 list at an awards dinner on Nov. 17 at Dallas' Morton Myerson Symphony Hall. Datamatic has been a leading supplier of enterprise meter reading solutions for gas, water and electric utilities worldwide since 1977.
"We're honored to be among the remarkable businesses selected for this prestigious award," stated Datamatic CEO Ken Kercher. "Though our growth was impressive this year, we're poised for a breakout year in 2005. At our current pace, we expect Datamatic to be part of the Dallas 100 'top ten' next year."
More than 1,200 business "movers and shakers" gathered at Morton H. Meyerson Symphony center. They assembled to recognize the fastest growing private companies for their contribution to economic progress in the area.
Datamatic's success has been marked by significant contracts with high profile utilities and innovative companies. The company secured multi-million dollar contracts with the City of Lawrenceville, Ga., the Las Vegas Valley Water District and Lake Apopka Natural Gas District in Florida for hundreds of thousands advanced FIREFLY® Meter Interface Units.
Datamatic established a partnership with Cellnet Technology to develop and market a commercial and industrial AMR solution for the electric utility industry. In addition, muNet.®, the leading provider of IP-based communication solutions targeted at automated metering and related operation-enhancing applications, announced an agreement to incorporate Datamatic's FIREFLY technology into its WebGate® IP Interface products.
Additionally, the company obtained a broad U.S. Patent for its advanced AMR technology from the United States Patent and Trademark Office. This protection provides a substantial competitive advantage for its FIREFLY AMR system over competing technologies.
About Datamatic Ltd.
Datamatic (www.datamatic.com) is a leader in utility revenue data collection solutions. The company's innovative ideas created an industry when it installed the first electronic meter reading system in 1980. For nearly a quarter of a century, Datamatic has been at the forefront in the design, implementation and support of advanced utility meter reading and field data collection solutions for water, gas and electric utilities.
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