Sensus creates Conservation Solutions business unit

Sensus Metering Systems, a leading provider of high-value metering system solutions to utilities worldwide, has created the Conservation Solutions business unit, renaming its AMI/Electric business unit...

Nov 25th, 2008

• Former AMI/Electric business unit renamed to reflect company's commitment to deploying leading conservation technologies

RALEIGH, NC, Nov. 24, 2008 -- Sensus Metering Systems, a leading provider of high-value metering system solutions to utilities worldwide, has created the Conservation Solutions business unit, renaming its AMI/Electric business unit.

"We changed the name to Conservation Solutions to reflect our commitment to providing electric, water and gas utilities with the technologies and tools to enable them and consumers to proactively monitor and manage our natural resources," said Peter Mainz, Chief Executive Officer and President of Sensus. "We believe we are uniquely positioned to lead our industry in these efforts. In addition, the new name acknowledges the broad and rapidly expanding scope of this business."

The Conservation Solutions business unit is led by Bill Yeates, Executive Vice President, and includes all Advanced Metering Infrastructure (AMI) and Advanced Meter Reading (AMR) technology solutions for electricity, water and gas, and the electricity meter.

"Sensus will continue to support its customers and the industry through development and deployment of technologies including AMI, smart meters and other smart grid solutions," said Yeates. "These technologies will enable natural resource conservation efforts, carbon footprint reduction and extend the useful lives of utility capital equipment."

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.

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