LXE Selected by Itron to Develop, Manufacture Next-Generation Handheld Data Collection Devices
* Reuters is not responsible for the content in this press release.
Multi-Year Agreement Confirms LXE as OEM Supplier to Global Energy and Water Industry Leader ATLANTA--(Business Wire)-- Highlighting a new OEM focus in its go-to-market strategy, LXE, the rugged mobile computer business of EMS Technologies, Inc. (NASDAQ: ELMG), announced today a multi-year relationship with Itron Inc. (NASDAQ: ITRI) in which LXE will develop and manufacture Itron`s next-generation ultra-rugged wireless handheld computer. Itron is a leading technology provider to global energy and water industries. Under the terms of the agreement, Itron will have exclusive rights to sell the LXE-developed wireless handheld in the water, gas and electric utility markets. EMS expects the ongoing agreement to contribute more than $5.5 million to LXE product and service revenue annually over the next severalyears. "Teaming with the worldwide leader in automated meter-reading has expanded the market for our products and technology. The Itron partnership signifies a new component to LXE`s channel strategy, to sell products to markets and applications beyond traditional warehousing, intermodal and manufacturing," said Stephen Newell, general manager of LXE. "This agreement is part of our ongoing effort to unlock more value from LXE`s 40 years of leadership in combining rugged mobile computers with wireless connectivity," he added. The first products covered by the agreement are scheduled to ship during the fourth quarter of 2009. The unit developed for Itron fully integrates Itron`s automated meter reading (AMR) radio technology. Several configurations will be developed for a variety of meter installation, reading and service applications. Philip Mezey, chief operating officer of Itron North America, said, "Our handheld and software solutions improve our customer`s operational efficiency and accuracy. The hardware part of the solution has to be tough and reliable, and able to support a range of data-communication technologies. Outsourcing the development and manufacturing of the new generation of Itron handheld computers to an experienced and innovative partner like LXE makes perfect sense for Itron and for our customers." According to VDC, the global rugged handheld opportunity in the utilities sector is valued at $79.9 million in 2009, of which approximately 30 percent is deployed for meter reading applications. North and South America account for more than 40 percent of these shipments. VDC also assesses the current penetration of mobile device use amongst mobile utilities workers at less than 20 percent. About Itron Itron Inc. is a leading technology provider to the global energy and water industries. Our company is the world`s leading provider of intelligent metering, data collection and utility software solutions, with nearly 8,000 utilities worldwide relying on our technology to optimize the delivery and use of energy and water. Our products include electricity, gas, water and heat meters, data collection and communication systems, including automated meter reading (AMR) and advanced metering infrastructure (AMI); meter data management and related software applications; as well as project management, installation, and consulting services. To know more, start here: www.itron.com. About LXE LXE, a business unit of EMS Technologies (NASDAQ: ELMG), is a leading manufacturer of rugged vehicle-mounted, handheld and wearable mobile computers. LXE helps companies extend corporate networks to mobile workers in demanding conditions by providing easy-to-use, tough and reliable wireless computers. LXE products are used by organizations worldwide to drive down costs and improve customer satisfaction. Visit www.lxe.com or www.ems-t.com for more information. EMS Technologies/LXE Anne Wainscott-Sargent, 770-798-6811 pr@ems-t.com or Itron Kim Papich, 509-891-3590 kim.papich@itron.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters