Regulatory News:
Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) (ISIN:FR0000073066)
announced today that Silicon Controls has selected the Wavecom
Wireless CPU(R) - Q24Plus for their remote tank monitoring system.
Companies who distribute gas rely on either their customers to
call them when their tank is nearly empty or must track estimated
consumption and guess when their client's tank is likely to require
filling. In either case this does not provide the company with the
information needed to successfully optimize its distribution costs or
improve service levels.
The GASLOG(R) telemetry system, which integrates a Wavecom
Wireless CPU(R) with GSM/GPRS features, permits the continuous logging
of tank levels, gas usage and other status information from a remote
location via cellular communication networks. The information
collected is used to: forecast gas usage to optimize scheduling and
routing of tank refilling; prepare invoices based on meter readings,
and notify maintenance staff of situations requiring attention on
site. It also allows the company to differentiate its offer by
providing customers with "value-added" services such as a guarantee of
supply continuity.
"The Wavecom Q24Plus Wireless CPU(R) fits the requirement of
GASLOG(R). Its GSM/GPRS solution offers high quality and reliability
for both hardware and software. It provides industry-leading
temperature ranges and the Download-Over-The-Air capability ensures
longer product life cycles. In addition, Wavecom's extensive
international carrier approval process helps us in ensuring fast
time-to-market for our products throughout the world," said Mike
Neuman, President, Silicon Controls Pty Ltd.
"GASLOG(R) is the first remote monitoring system for hazardous gas
tanks that provides the breakthrough combination of tank mounting and
cellular wireless connectivity. We believe that there will be a
growing demand for such monitoring systems since both gas distributors
and consumers can benefit from this cost-effective solution,"
commented Didier Dutronc, President, Wavecom Asia-Pacific, Ltd.
GASLOG(R) is a new generation of remote telemetry equipment which
has a number of features that make it a commercially viable
proposition based on savings arising from reduced distribution costs
such as data collection via cellular network, tank mounting, built-in
safety, long battery life, and direct connection to existing sensors
and meters.
About Wavecom
Wavecom is a worldwide leader in embedded industrial wireless
communication solutions for automotive, machine-to-machine and mobile
professional applications. Wavecom's solutions include the Open AT(R)
software platform encompassing the Wavecom Open AT(R) Operating
System, a wide range of Plug-Ins, the Open AT(R) Integrated
Development Environment (IDE) along with a market-leading range of
Wireless CPUs (Central Processing Units), and an expanding portfolio
of services. These complete embedded solutions enable makers of all
types of machines to development of a new breed of intelligent
wireless applications, without the need of external processors and
other ASICs (Application Specific Integrated Circuits) and components.
Founded in 1993 and headquartered in Paris, Wavecom has
subsidiaries in Hong Kong (China), Research Triangle Park, NC (USA)
and Farnborough (UK). Wavecom is publicly traded on Euronext Paris
(Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S.
www.wavecom.com
About Silicon Controls
Silicon Controls is an international leader in remote monitoring
and control solutions for demanding commercial and industrial
applications. The company's innovative solutions include the world
leading GASLOG tank telemetry system and the SC500 Series
communications and control servers. These solutions provide a rich set
of interface and connectivity options to deliver business value by
making reliable and accurate real-time data available to key business
applications.
The Silicon Controls Group is based in Sydney, Australia and has
been operating since 1990.
