Merger on track for 2008


Zug, Switzerland — (METERING.COM) — November 15, 2007 – The merger between meter2cash and Landis+Gyr is on track and meter2cash will be integrated into Landis+Gyr AG on January 1, 2008. The merger unites two strong organisations, combining competence and strength with reliability and customer service.

Both companies are part of the Bayard Group and have seen significant changes in 2007. In April Landis+Gyr merged with Enermet to form a new European organization dedicated to the provision of smart metering services to utilities throughout the region. From January 1 meter2cash will also be integrated into this structure.

The company believes that the merger will enable it to deliver the most comprehensive product range available in today’s market.