Contract for meters in China
Pacific Systems Control Technology, Inc. (Pacific Systems) has announced that a contract has been signed for the delivery of $20 million of four types of fully electronic and modularly designed electricity meters to China. The transaction involves Holley Import & Export Company of China as the buyer, with products specifically designed and manufactured for Pacific Systems and Holley by International Utility Information Systems Corporation of California (Utility Systems).
The total order will be divided into five releases, to be delivered over a period of approximately two years. These new fully electronic units are able to give customers instantaneous visibility of the quality and consumption of power over broadband, 100 Megabit network links and the Internet.