Itron ITRI and Teplocom Holding, the leader in thermal energy
metering and associated services in Russia, announced today a strategic
alliance to jointly develop and market metering solutions technologies in
Russia. The cooperation agreement was signed by Itron and Teplocom on Nov. 27
during the Franco-Russian Intergovernmental Seminar, the major annual meeting
in presence of both Prime Ministers, Dmitry Medvedev and Jean-Marc Ayrault.
Taking into consideration the move of the Russian metering market towards
high-end water and thermal energy metering products and systems, the two
companies have decided to join forces in order to offer the most comprehensive
and suitable global solutions dedicated to water and energy management.
As part of the agreement, Itron and Teplocom Holding will jointly develop and
market a thermal energy meter consisting of Teplocom's calculator and Itron's
ultrasonic flow meter. The companies will also customize Itron's meter data
management solution according to Russian requirements and adapt Teplocom's
products to Itron's data collection, data management and data utilization
systems. In addition, Itron's products and solutions will be distributed
through Teplocom Holding's affiliates, Trade House and Energy Complex
Integrator, in Russia.
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