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not only the 2bil contract if they get it, but think of what that could mean across the nation. Other major utilities would have to sit up and take notice, ConEd....etc...
I think we'll get a strong close today. Still holding all my shares. GLTA
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I was doing some spring cleaning the other day and looked over at my 1960s era electric meter and thought inwardly 'relic.' As California goes so will the nation and if CNES can get any piece of CA market then co. could definitely get national and likely even international exposure. I read an article in SL Tribune recently about how AMR systems are being placed in apartment units so landlords can better regulate energy usage. A Utah-based co has installed 35,000 of these landlord friendly units nationwide. If tenants know real-time what their power use is they will theoretically put off the load of wash or dishes for off-peak hours. The possibility of blackouts will be reduced--and one can see a scenario where utilities will not be constrained to buy 'on the spot' as much because efficiencies are greatly improved. Power that is generated and not used is wasted energy and power bought at peaks or on the spot is very expensive as Californians and others can attest. Consumers and utilities both could see savings and as much as some lament it the 'meter man' will go the way of the the milkman. Of course their pension, health care costs etc. will disappear as well. So the next time you look at your old-time electric meter and you believe in validity of CNES/AMR platforms Smile $$$
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So, what happens when off-peak hours become peak hours because everyone waits until then to do their heavy power comsumption activities?
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I'm sure this has already been posted, but I think this pretty much gives us an idea of what's in the works, and why we're moving. They're making moves, and financials are due March 7th...
H-Net(TM) Networks and products have been designed exclusively for the Electric Utility Industry. When you combined the above FCC Grants, on a free public band, the results are a unique wireless technology that employs a robust plug and play machine to machine, neuron driven data encrypted commercial communicator ready for commercial release and sales in the US, Canada and South America.
H-Net(TM) core is a unique proprietary architecture that allows for two-way communications between our advanced MeterSystem and the C-NES(TM) Network Operation Center. The wireless H-Net(TM) Network architecture employs peer-to-peer communications for up to 7,500 points of information per data collector. The NOC displays real-time consumption data, 4 times an hour, 24 hours a day, via the Internet at traditional cost; all within a wireless, tower-less private network.
In Further News
The next major step in the Company's evolution is to acquire state and local licensing for Meter Data Management Agent Certification. This is to include requirements for disaster recovery. The combined archive centers will include the ConectiSys daily operations, laboratory and sales offices in support of our wireless AMR networks; providing on demand client and energy consumer integrated services.
The company has experienced some delays but looks forward to moving into its new location in February to complete the MDMA approval process. Read more on this topic in our next monthly report scheduled for release March 7th. Apply to receive the ConectiSys Monthly Reports at ConectiSys Corporation (http://www.conectisys.com/Monthly_Reports.htm)
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