Wyse Meter Solutions Inc. and Timbercreek Communities Deepen Partnership to Better Manage Utility Expenses

TORONTO, Dec. 2, 2015 /CNW/ - Wyse Meter Solutions Inc. (Wyse) and Timbercreek Communities (Timbercreek) today announced a deepened partnership that will give Timbercreek unrivalled visibility into its utilities and submetering program. Timbercreek conducted an extensive, two-year review to find a program to manage all its utility expenses—a multi-million dollar spend annually—and determined Wyse as the right partner to drive cost savings and efficiency gains.

Timbercreek owns and operates more than 16,000 residential suites across Canada. The company maintains a high standard of living for residents by investing in properties and providing superior service. Timbercreek's focus on excellence is reinforced by the strategic move to Wyse's utility expense management solution.

Wyse is unique in its ability to provide energy consumption transparency and accountability to its customers. Wyse's utility expense management solution, known as SyNERGY, delivers comprehensive reconciliation for bulk billed accounts as well as second-to-none analysis tools, including a robust portal. Renowned for advanced, market-driven utility solutions, Wyse is without peer in the Canadian market.

"From our perspective, the seamless transition to SyNERGY is unfolding as advertised, and is exceeding our expectations for service," said Ryan McFatridge, Senior Manager, Facilities Management at Timbercreek Communities. "Wyse doesn't just promise, they deliver."

"We are very pleased to amplify our partnership with an important industry leader such as Timbercreek," said Peter Mills, Co-CEO of Wyse Meter Solutions. "We look forward to building on the success of our turnkey submetering program and maximizing the effectiveness of smart utility management, in times of increasing utility costs."

About Wyse Meter Solutions Inc.
Wyse Meter Solutions Inc. provides turnkey submetering and utility expense management services to building owners, developers and property managers across Canada. Wyse is unique in its ability to provide clients with financial and utility consumption transparency, as well as accountability. Through an exclusive partnership with Conservice, the largest submetering and utility management company in North America, Wyse is able to offer its customers a powerful program known as Synergy, providing owners and managers with a 360-degree comprehensive view of the entire utility spend within a building or portfolio of buildings. Synergy is already in use across 2 million accounts in North America, including 8 of the top 10 owners and managers of multi-unit real estate.

SOURCE Wyse Meter Solutions Inc.

Image with caption: "Wyse Meter Solutions Inc. and Timbercreek Communities Deepen Partnership to Better Manage Utility Expenses (CNW Group/Wyse Meter Solutions Inc.)". Image available at: http://photos.newswire.ca/images/download/20151202_C8053_PHOTO_EN_556450.jpg

For further information: Peter Mills, Co-CEO, Wyse Meter Solutions, Cell: 416.709.0079, Email: pmills@wysemeter.com, Website: www.wysemeter.com, Twitter: @wysemeter


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