Landis+Gyr AG
Landis+Gyr Signs Meter Data Management Services Agreement with U.S. Utility for Modernization of Existing Software Infrastructure
Landis+Gyr Group AG / Key word(s): Contract Cham, Switzerland – January 31, 2023 – Landis+Gyr Technology Inc., a subsidiary of Landis+Gyr Group AG (SIX: LAND), and a U.S. investor-owned utility, have entered into a new agreement regarding the modernization of the utility’s metering software infrastructure. The utility’s plans to undertake such modernization is still subject to regulatory approval. The 20-year agreement includes meter data management software, Software as a Service, and services to support the utility’s 500,000 legacy one-way communicating electric meters and the project will include more than 500,000 next generation smart metering devices in the future. Contact Media Eva Borowski Contact Investors About Landis+Gyr End of Inside Information |
Language: | English |
Company: | Landis+Gyr Group AG |
Alte Steinhauserstrasse 18 | |
6330 Cham | |
Switzerland | |
E-mail: | ir@landisgyr.com |
Internet: | www.landisgyr.com |
ISIN: | CH0371153492 |
Valor: | 37115349 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1547157 |
End of Announcement | EQS News Service |