CLEVELAND, N.C., Aug. 16, 2011 (GLOBE NEWSWIRE) -- The Tullahoma Utilities Board (TUB) has selected Mueller Systems, a leading provider of innovative water infrastructure products and services and technologically advanced metering systems for water, electric and gas systems, to upgrade its water and electric infrastructure with a state-of-the-art advanced metering infrastructure (AMI) network and water and electric smart meters. Mueller Systems is a subsidiary of Mueller Water Products, Inc. (NYSE:MWA), a leading North American provider of water infrastructure products and services, and offers a full line of residential, fire line and commercial meters, AMI and automatic meter reading (AMR) systems and related products that optimize the delivery and use of water and energy.
Mueller Systems will provide TUB with the Mi.Net® Mueller Infrastructure Network for Utilities—an advanced two-way AMI network—as well as Mueller Systems' Hersey water meters and Landis+Gyr's solid state electric meters for more than 19,000 service connections. A customer-owned utility that provides water, electric and wastewater services to a population base of approximately 25,000 people throughout Tullahoma, Tenn., TUB is scheduled to begin installing the Mi.Net System and the new water and electric smart meters in September 2011.
"The Tullahoma Utilities Board is always looking for new ways to better serve its customers and streamline operations," said Brian Skelton, utility manager, TUB. "Leveraging the Mi.Net System and upgrading our service connections with smart meters will create a 'win-win' scenario by helping us to reduce costs through improved operational efficiency while giving our customers the ability to better understand and manage their water and electricity usage."
The Mi.Net System enables utilities to improve operational efficiencies and customer service by fully automating the meter reading-to-billing process, linking meters, distribution sites and control devices in a single data network. Benefits provided by the Mi.Net System include on-demand meter readings, e-mail alerts and alarms based upon near real-time information as well as the ability for utilities to best manage their water and electric resources through on-going access to custom data and information. A recent enhancement to the Mi.Net System is Mi.Data™—a web-based portal that enables municipalities to strengthen relationships with consumers by providing a consolidated view of water and electricity usage online.
"We are proud to announce our partnership with the Tullahoma Utilities Board, as the Mi.Net System will enable them to significantly improve the level of service they provide to their customers, the operational efficiency of their water and electric systems, and their ability to more accurately account for the water and electricity they distribute," said Hassan Ali, vice president and general manager of Mueller Systems.
Safe Harbor Statement
This press release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address activities, events or developments that we intend, expect, plan, project, believe or anticipate will or may occur in the future are forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements we make regarding spending trends by municipalities on water infrastructure and the market reception of Mueller Systems' products and services, and the impact of these factors on our businesses. Forward-looking statements are based on certain assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions and expected future developments. Actual results and the timing of events may differ
materially from those contemplated by the forward-looking statements due to a number of factors, including regional, national or global political, economic, business, competitive, market and regulatory conditions and the following:
-
the spending level for water and wastewater infrastructure;
-
the demand level of manufacturing and construction activity;
-
our ability to service our debt obligations; and
-
the other factors that are described in the section entitled "RISK FACTORS" in Item 1A of our most recently filed Annual Report on Form 10-K and in Part I, Item 1A of our Quarterly report on Form 10-Q for the quarter ended March 31, 2011.
Undue reliance should not be placed on any forward-looking statements. We do not have any intention or obligation to update forward-looking statements, except as required by law.
About Mueller Systems
Mueller Systems offers a full line of residential, fire line and commercial meters, AMR / AMI systems and related products. Mueller Systems provides Smart Metering solutions to optimize the delivery and use of water and energy. Municipalities that supply water, electricity or gas—or any combination of the three services—need innovative ways to increase efficiencies, reduce costs, conserve water and energy, and improve customer service. The Mi.Net™ Mueller Infrastructure Network for Utilities from Mueller Systems meets that need. For more information about Mueller Systems, please visit the Company's website at www.muellersystems.com.
About Mueller Water Products, Inc.
Mueller Water Products, Inc. is headquartered in Atlanta, GA and manufactures and markets products and services that are used in the transmission and distribution of safe, clean drinking water and in water treatment facilities. Our broad product portfolio includes engineered valves, fire hydrants, pipe fittings, water meters and ductile iron pipe, which are used by municipalities, as well as the residential and non-residential construction industries. Net sales for the year ended June 30, 2011 were $1.3 billion and total employees were approximately 4,800 at June 30, 2011. The Company operates primarily through three segments: Mueller Co., U.S. Pipe and Anvil. The Company's common stock trades on the New York Stock
Exchange under the ticker symbol MWA. For more information about Mueller Water Products, Inc., please visit our website at www.muellerwaterproducts.com.
CONTACT: Investor Contact: Martie Edmunds Zakas
Sr. Vice President - Strategy, Corporate Development &
Communications
770-206-4237
[email protected]
Media Contact: John Pensec
Director - Corporate Communications & Public Affairs
770-206-4240
[email protected]
Source:
Mueller Water Products, Inc.
News Provided by Acquire Media
