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completion of major amr installation in malaysia

  1. Cobby

    894 posts.
    INT seems to be making some very good alliances with the trial of it's Automated Meter Reading solutions both here in Australia and O/S. Coupled with the hospital software/hardware contract earlier this week a major re-rating of this stock is on the cards if they can pull off a big contract in Malaysia.

    Cobby

    Completion of Major AMR Installation in Malaysia
    12-12 1708


    The Board of Directors of Intermoco Limited ("Intermoco") is pleased
    to announce that the pilot installation of the Company's Utiligy
    Automated meter Reading ("AMR") solution for Malaysia's national
    electricity provider, Tenaga Nasional Berhad ("Tenaga") has been
    successfully completed.

    The installation was handed over to Tenaga in Kuala Lumpur yesterday
    by Intermoco's managing Director, Mr Martin Yii. This installation
    provides Tenaga with full access to real time data generated
    from approximately 400 electricity meters via its own secure website.

    The Tenaga installation comprises both single and three-phase meters
    for domestic residences, commercial businesses, shop premises and
    industrial factories, located in the areas of Sea Park and Dormitory
    in Petaling Jaya, and Puchong Industrial Park in Subang, both
    suburban regions of Kuala Lumpur.

    The Company is particularly excited by the opportunities made
    possible as a result of this installation. Tenaga is a significant
    Malaysian company supplying electricity to in excess of 5.3 million
    meters across pennisula Malaysia, representing more than 80 percent
    of the country's total number of electricity meters. In a press
    release made in August this year, the then Chairman of Tenaga, Datuk
    Dr Jamaluddin Jarjis, is reported as saying that the company planned
    to implement an AMR system in a number of stages, commencing with
    its 40,000 largest customers and progressively rolling it out across
    its entire 5.3 million customer base over a five year time-period.

    Over the coming weeks Tenaga, in conjunction with Intermoco, will
    fully evaluate the success of the pilot and the many features of the
    Utiligy solution. Given a successful outcome, the Company expects to
    commence negotiations for its participation in a full scale, staged
    roll out of its AMR technology across the Tenaga network in early
    2003.

    The Intermoco technology deployed in the Tenaga project is the same
    as that installed in Australia for key utilities CitiPower and
    Integral Energy. The Tenaga project uses the GPRS communications
    network provided by Maxis Communications, one of Malaysia's largest
    wireless telecommunications providers.

    Key features of the Tenaga installation include:

    * Provision of real-time kilowatt hour consumption and demand
    information;

    * Real-time Quality of Service reporting, including individual phase
    voltages, current , power factor and outage reporting; and

    * Theft detection capabilities that will assist in addressing the
    significant problem of electricity pilferage, which costs Tenaga an
    estimated 400 million ringgit (A$200 million) annually.

    In addition to these features, two new products are being
    incorporated into the solution. The first of these new products
    detects power failure at the feeder pillar level and instantly
    reports this back to an operations centre. This feature
    significantly improves response times, thereby reducing the duration
    of power outages or blackout periods.

    The second device provides a Demand Side management ("DSM")
    capability, which enables the connection and disconnection of
    services to be undertaken from a remote location. This feature can
    be used for load shifting within the network, thereby controlling
    demand and reducing the risk of blackouts during critical periods.

    The information generated by these features is monitored and
    controlled from a secure, customised Internet website accessed from
    the client's IT system, without the additional cost of specific
    software or hardware systems.

    The Board of Directors believes that the Tenaga installation will
    provide further valuable evidence of the capabilities of Intermoco's
    Utiligy solution and will become another significant reference site
    for prospective clients in the region. Intermoco is well advanced in
    discussions with a number of utilities in the South East Asian
    region, many of which are particularly interested in the solutions
    which have been offered by the Company as part of the Tenaga
    installation.

    Any questions relating to this announcement should be directed to Mr
    Martin Yii, Managing Director, or Mr Thomas Howitt, Company
    Secretary, on Melbourne (03) 8080 8788.


    G W Shearer
    CHAIRMAN

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