Motorola Technology Will Deliver Improved Costs, Efficiency to the Apartment Industry
Motorola Technology Will Deliver Improved Costs, Efficiency to the Apartment IndustryMonday January 24, 2:24 pm ET
Leading Apartment Operator Installs Motorola System in Five States
SCHAUMBURG, Ill., Jan. 24 /PRNewswire-FirstCall/ -- One of the nation's leading apartment companies will be using Motorola's wireless remote IMR(TM) transmitter to read resident's water meters in some of its residential buildings. Archstone-Smith Operating Trust (NYSE: ASN - News) is the first customer to purchase the IMR transmitter.
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Indianapolis-based ViaStar Energy, Inc., is the master distributor for the remote meter reading solution utilizing the IMT transmitter. It will provide Archstone-Smith with more than 10,000 transmitters for its mission-critical utility data needs. Archstone-Smith, based in Englewood, Colo., plans to deploy the fixed-network, wireless solution in its residences in five states by year-end.
"Motorola's new utility solution is by far the most robust and feature- rich product we have seen," said Becky DeSmet, director of Ancillary Services for Archstone-Smith. "Motorola is bringing innovation, simplicity, affordability and longevity to the sub-metering market."
The wireless transmitter, which enables remote reading of meters multiple times per day and access to daily important interval data from a distance, was developed to help businesses and utilities control costs and decrease operating expenses. The fixed-network system uses the IMR Transmitter and Motorola's MOSCAD platform to automate the meter reading and data acquisition process. Sub-metering, with Automated Meter Reading (AMR) equipment, is used to measure water usage in individual apartment dwellings.
"We strive to be at the forefront of innovation in the apartment industry," said DeSmet. "To do that we need an experienced, knowledgeable technology partner to ensure accurate reading of water meters for our apartments. With Motorola, we are getting exactly that."
"Obtaining timely and accurate meter reads has become a business critical initiative for utilities," said Todd Ryden, co-CEO, ViaStar Energy, Inc.
"Motorola has designed this product for the demanding conditions of the utility market. Property owners understand that lesser quality products will yield a higher cost of ownership," said Christopher Day, co-CEO, ViaStar Energy, Inc. "These owners depend upon the uninterrupted operation of their AMR system to accurately bill residents for utility consumption. The quality, longevity and effectiveness of the Motorola products give property owners peace of mind when purchasing an AMR solution."
About ViaStar Energy, Inc.
ViaStar Energy, Inc. is a privately held utility management company based in Indianapolis, Indiana. ViaStar's business is focused upon implementing meters and metering technology for utilities. ViaStar provides a complete spectrum of services from technology provisioning, implementation and back office read, billing and customer care. Contact ViaStar Energy, Inc. at 317-819-0881, http://www.viastarenergy.com .
About Archstone-Smith Operating Trust
Archstone-Smith (NYSE: ASN - News) is a recognized leader in apartment investment and operations. With a current total market capitalization of $11.2 billion, Archstone-Smith owns and operates an irreplaceable portfolio of high-rise and garden apartment communities concentrated in many of the most desirable neighborhoods in the greater Washington, D.C. metropolitan area, Southern California, the San Francisco Bay area, Chicago, Boston, Southeast Florida, Seattle and the greater New York City metropolitan area. The company continually upgrades the quality of its portfolio through the selective sale of assets, using proceeds to fund investments with even better growth prospects. Through its two brands, Archstone and Charles E. Smith, Archstone- Smith strives to provide peace of mind for its customers - backed by unconditional service guarantees. As of June 30, 2004, Archstone-Smith owned or had an ownership position in 247 communities, representing 87,717 units, including units under construction. Archstone-Smith is recognized as one of America's Most Admired Companies for 2004 by Fortune Magazine and ranks 956 on the Forbes 2000 List, the magazine's comprehensive ranking of the world's largest companies, for 2004. In addition, the company was recognized as Company of the Year by Colorado Biz Magazine. To find out more, visit http://www.ArchstoneSmith.com .
About Motorola
Motorola is a Fortune 100 global communications leader that provides seamless mobility products and solutions across broadband, embedded systems and wireless networks. In your home, auto, workplace and all spaces in between, seamless mobility means you can reach the people, things and information you need, anywhere, anytime. Seamless mobility harnesses the power of technology convergence and enables smarter, faster, cost-effective and flexible communication. Motorola had sales of US $31.3 billion in 2004. For more information: http://www.motorola.com/ .
MOTOROLA and the Stylized M Logo are registered in the U.S. Patent and Trademark Office. All other product or service names are the property of their respective owners.
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Source: Motorola, Inc.
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