Ontario field services contracts taken over

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Aurora, ON, Canada — (METERING.COM) — January 27, 2009 – Canadian independent meter service company, Olameter Inc., has purchased certain manual meter reading and associated services operations and contracts from Trilliant, Inc.

Under the agreement, Trilliant has assigned its Ontario field services contracts to Olameter, and Olameter has assumed responsibility for all outstanding related service proposals submitted by Trilliant Energy Services Inc. The contracts and proposals being assigned relate to manual meter reading, field collections, meter installations, and associated handheld system solutions. The transaction also involves the transfer of some eighty field staff, as well as the management and administrative personnel based in Guelph, Ontario, to Olameter.

Trilliant will continue to provide its full suite of smart metering software and hardware products and solutions for ASP services to support advanced metering, meter shop, and submetering services, as well as the full scope of its smart grid offerings to clients in Canada and worldwide.

“This acquisition will further efforts to bring cost effective, efficient, and technologically advanced solutions to utilities across North America,” said Jan Peeters, Olameter’s president and CEO. “Olameter and Trilliant are looking forward to other areas of collaboration to help utilities navigate smoothly through smart meter implementation, data management, and smart meter network management issues.”