Bangalore, India — (METERING.COM) — January 23, 2007 – Enzen Global Solutions, a business consulting and product engineering company focusing on the industry verticals of integrated energy and utilities, and Analogic Technomatics, part of the Analogic Group, have signed a Memorandum of Understanding to provide smart metering and billing solutions to power distribution companies in India. Under the agreement, Enzen Global will leverage its consulting expertise in the energy and utilities sectors, while Analogic Technomatics will provide a wide range of their handheld computers and advanced metering and billing solutions to all the projects that Enzen is involved with.
Commenting on the MoU, Mr. Satheesh, CEO of Enzen Global Solutions, said: “We expect that our solutions would transform the power and utilities sector in India, as the companies can now manage their revenues and overall financial performance without any upfront capital investment and focus on their core business.”
Mr. Surender Reddy, Managing Director of the Analogic Group, commented: “We aim to add value to the innovative solutions that Enzen has to offer to the power sector. We are committed to supporting Enzen in realizing their business goals through this MoU.”