Global Water signs nonexclusive nationwide distribution agreement with Aclara
PHOENIX, Nov. 11, 2011 /CNW/ - Global Water Resources, Inc. ("Global Water") today announced a nationwide, nonexclusive distribution agreement with Aclara®, the market share leader in advanced metering infrastructure (AMI) for water utilities, and a member of the Utility Solutions Group of ESCO Technologies Inc. (NYSE: ESE). The agreement covers water utilities with up to 30,000 meters, which represent over 50 percent of the meters deployed in the U.S.
Aclara's STAR Network is a key component of Global Water's FATHOM™ Utility-to-Utility (U2U™) program, an integrated suite of advanced technology products designed to bring heightened efficiencies to utility operations. The U2U™ deployment methodology decreases traditional implementation timelines, and provides a low barrier-to-entry for utilities to access sophisticated software applications for their operations.
"This partnership relationship with Aclara provides an opportunity for the municipalities we serve to obtain utility-to-utility certified infrastructure without the traditional risks of new technology. It's an amazing win for like-minded efficient utilities across the US," said Trevor Hill, President and CEO for Global Water.
The agreement reinforces Aclara's commitment to utilities of all sizes, and adds a valuable channel partnership through which to distribute its STAR® Network AMI system. "Global Water's unique business model, and their experience as a leading water utility, enhances the ability of small and mid-sized utilities to meet their long-term customer service, conservation, and water-loss prevention challenges. Their focus on revenue management and customer service ensures these utilities will achieve the benefits of a proven full two-way AMI system," said Brad Kitterman, President of Aclara.
About Global Water
Global Water is a leading water resource management and technology
company that owns and operates water, wastewater and recycled water
utilities, and provides data and water management services through its
unique, award winning platform, FATHOM Utility-to-Utility (U2U™) Solutions. Initially developed by Global Water to support and
optimize its own utilities, FATHOMTM is an integrated suite of advanced technologies proven to increase
revenue, decrease costs and bring heightened efficiencies to
municipally-owned utilities. FATHOMTM puts water management tools in customers' hands. www.gwfathom.com
About GWR Global Water Resources Corp
GWR Global Water Resources Corp owns an approximate 48.1% interest in
Global Water. It was incorporated under the Business Corporations Act (British Columbia) on March 23, 2010 to acquire shares of Global Water
Resources, Inc. ("Global Water") and to actively participate in the
management, business and operations of Global Water through its
representation on the board of directors of Global Water and its shared
management of Global Water.
About Aclara
Aclara represents the industry's leading Intelligent Infrastructure™
technologies for providing device networking, data-value management,
and customer communications to water, gas, and electric utilities
globally. Over 500 utilities in nine countries rely on proven Aclara
solutions to connect with their customers. Aclara is part of the
Utility Solutions Group of ESCO Technologies Inc. (NYSE: ESE), St. Louis. Create Your Intelligent Infrastructure™. www.aclara.com
| For media inquiries: | |||||||
| Global Water Ross Marshall Investor Relations Tel: 416-815-0700 ext. 238 Email: rmarshall@equicomgroup.com www.gwresources.com www.gwfathom.com | Aclara Nancy E. Talley Manager, Corporate Communications Tel: 440-528-7287 Email: ntalley@aclara.com www.aclara.com |