Issy-les-Moulineaux, France -- Wavecom SA (NASDAQ: WVCM ; Eurolist AVM) announced the collaboration with EDMI Ltd. (Singapore Exchange: EDMI) for launching the Advanced Metering Infrastructure (AMI) in Australia and New Zealand markets.
As the utility industry continues to look for solutions that reduce both labor and high maintenance costs of metering, AMI solves this issue by efficiently managing meters remotely and at the same time helps with load and energy management. EDMI, a leading manufacturer of AMI systems, partners with Wavecom, a leader in industrial wireless technology to offers a complete, cost effective solution for the AMI market in Oceania.
EDMI Ltd., headquartered in Singapore, has chosen Wavecom's Wireless CPU to use in its advanced MK10 and MK 7 electronic energy meter to provide a wireless AMM solution for a leading utility in New Zealand. The 1st phase will involve rolling out 55,000 EDMI's meters with Wavecom-based wireless technology.
There is a growing demand for AMM systems and we have chosen to partner with Wavecom who offers us a competitive and reliable wireless solution to be integrated to our product. The reason we are working with Wavecom is not only for their expertise in wireless but also the high reliability of their product which gives us confidence when doing massive roll-outs." said Jimmy Chin, Executive Director of EDMI.
Didier Dutronc, President, Wavecom Asia-Pacific, Ltd said, "EDMI has been working with Wavecom for a long time and we are delighted to have won this business in New Zealand. Combining Wavecom's advanced wireless technology with EDMI's leading meter management; we have a field-proven solution that has been rolled-out in many countries. He added, "This represents just one more step for Wavecom to become the leading supplier to Automatic Meter Management solutions in the APAC region."
About EDMI
EDMI is a modern international company that designs, manufactures and sells innovative and technologically advanced electronic energy meters, Advanaced Metering Infrastructure (AMI) systems and metering system software. EDMI has an extensive range of products for use in revenue applications across the generation, transmission and distribution sectors of the electricity market as well as for sub-metering and energy management applications. EDMI Ltd. is listed on the Singapore Stock Exchange.
EDMI has offices in Singapore, Australia, China, Malaysia and the UK and has appointed sales agents in other regions including Europe, ASEAN, the Middle East and Africa.
About Wavecom
Wavecom is a worldwide leader in embedded industrial wireless communication solutions for automotive, machine-to-machine and mobile professional applications. Wavecom's solutions include the Open AT software platform encompassing the Wavecom Open AT operating system, a wide range of plug-ins, the Open AT integrated development environment (IDE) along with a market-leading range of wireless CPUs, and an expanding portfolio of services. These complete embedded solutions enable makers of all types of machines to development of a new breed of intelligent wireless applications, without the need of external processors and other ASICs and components.
Founded in 1993 and headquartered in Paris, Wavecom has subsidiaries in Hong Kong (China), Research Triangle Park, NC (USA) and Farnborough (UK). Wavecom is publicly traded on Euronext Paris (Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S.