Corix

Corix

July 15, 2010 09:00 ET

Corix Utilities Reaches 1,000,000 Meter Installation Milestone for Southern California Edison's Smart Metering Program, Edison SmartConnect

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 15, 2010) - Corix Utilities announced this week they have reached the one million meter installation milestone for Southern California Edison's (SCE's) Edison SmartConnect program at a residence in Redondo Beach, California. Attending the one millionth meter installation was Theodore F. Craver Jr., chairman, President and CEO of Edison International, Congresswoman Jane Harman (D-Venice), Lynda Ziegler, Senior Vice President of Customer Service, Southern California Edison and Malcolm Unsworth, President and CEO, Itron.

"I am very proud that Corix has met the challenge in ramping up for this large project," said Kevin Meagher, Vice President and GM, Corix Utilities U.S. "We have a team of over 300 employees who are managing multiple meter form types, meeting production schedules and installing between 4,000 to 11,000 meters daily."

SCE began the overall planning of this huge project in 2008 by selecting Corix - a utility industry leader in delivering safe and reliable customer service - as its authorized installer. Corix put the first meters in place by September 2009 and will install a total of approximately 4.5 million by 2012 for residential and small business customers in SCE's 50,000-square-mile service territory within Central, Coastal and Southern California.

"Edison SmartConnect meters are digital, secure, two-way communicating devices that replace traditional mechanical meters and provide a key step in transforming the electric system to a smart grid," added Meagher. "Smart meters measure a customer's electricity usage up-to-the minute and, later this year, SCE's customers will be able to view their energy usage online to track how much they use and how much it costs."

About Corix
The Corix Group of Companies – based in Vancouver, B.C. – specializes in providing field metering services and products and utility solutions for sustainable infrastructure in the water, wastewater and energy sectors for clients across North America. It has over 2000 employees in 60 locations across North America. Corix is a private company whose primary owners are BC Investment Management Corporation and CAI Capital Management Inc., two large and stable members of the Canadian investment community who specialize in public pension funds. Please visit www.corix.com for more information.

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