Combined Synergy to Generate Savings for Condominium Corporations
TORONTO, Dec. 9, 2014 /CNW/ - FirstService Residential, North America's leading property management company, and Wyse Meter Solutions have announced a partnership that teams the market-leading strengths of both companies to bring new service capabilities to the condominium sector in Canada. The partnership will allow FirstService Residential in Ontario to offer Wyse's SyNERGY and submetering services to condominium corporations. SyNERGY is a utility management service that provides processing, auditing and electronic management of utilities and bills for condominium corporations.
"We know that utility bills have errors. By having each bill audited and corrected automatically, we will be able to generate savings for condominium corporations," said Tasso Eracles, Chairman of FirstService Residential in Ontario. "In addition, the customized alerts and online data management capabilities of SyNERGY will help us provide enhanced property management services to our customers."
"FirstService Residential is the leader in providing property management services to condominium corporations in Ontario. Partnering with FirstService Residential will allow us to significantly expand the number of customers benefitting from the savings provided through our SyNERGY and submetering services," said Vince Brescia, President of Wyse Meter Solutions.
About FirstService Residential
FirstService Residential is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, one of the largest markets in the world. As the leading property management company in North America, FirstService Residential oversees more than 6,500 residential and commercial associations including 1.5 million residential units and over 50 million square feet of commercial space across 21 U.S. states and three provinces in Canada. The company has more than 12,000 employees driving local market expertise and manages in excess of $6 billion in annual budgets. For more information, visit www.fsresidential.com.
About Wyse Meter Solutions
Wyse Meter Solutions provides turnkey submetering, utility, contract and vendor management services to property managers, building owners and developers across Canada. Wyse is unique in its ability to be a single point of contact for end to end electrical, water and natural gas submetering solutions with no capital costs. Under an exclusive national partnership with Conservice, Wyse utilizes SyNERGY to provide both energy consumption transparency and accountability to it's customers. It's a program that is already in use at 1.2 million multi-residential units across the United States. For more information regarding Wyse, please visit www.wysemeter.com.
Image with caption: "Wyse Meter Solutions (CNW Group/Wyse Meter Solutions Inc.)". Image available at: http://photos.newswire.ca/images/download/20141209_C4759_PHOTO_EN_9239.jpg
SOURCE: Wyse Meter Solutions Inc.