ATLANTA, Dec. 16, 2013 (GLOBE NEWSWIRE) -- Mayor Mike Spano today announced the City of Yonkers is partnering with Mueller Systems, a leading provider of innovative and technologically advanced water infrastructure products and services, to overhaul its aging water meter infrastructure and improve the level of service provided to residents.
"This is about providing Yonkers taxpayers with the best available services and tools to more efficiently manage water usage," said Mayor Mike Spano. "Building new state-of-the-art water infrastructure will improve the reliability, clarity and timeliness of water bills and communication between the City and residents."
Mueller Systems is a subsidiary of Mueller Water Products, Inc. (NYSE: MWA ), a leading North American manufacturer and marketer of products and services that are used in the transmission, distribution and measurement of water.
The project includes implementation of Mueller System's MegaNet™ System – a high-powered, long-range, fixed-network, advanced metering infrastructure (AMI) system. The communication system is capable of delivering long-range results with a reliable communication infrastructure. The MegaNet™ technology has been in existence for 25 years and has nearly two million transmitters installed in more than 80 countries.
In addition, the City is scheduled to install approximately 30,000 Mueller Systems water meters throughout the City by the end of 2014. The City will also offer its customers tools to manage their water consumption by implementing Mi.Data™, Mueller Systems' consumer portal. This consumer portal provides utility customers with access to information about their water usage, enhancing service levels and communication between the City and its water consumers.
"We are excited to partner with The City of Yonkers to improve its water infrastructure," said Hassan Ali, vice president and general manager of Mueller Systems. "The MegaNet System and Mi.Data™ are designed to provide a foundation to automate the collection of meter readings, provide customers with a better understanding of their water bills, help identify leaks that are responsible for losing treated water and promote greater operating efficiencies for the City."
Forward-Looking Information
This press release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address activities, events or developments that we intend, expect, plan, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on certain assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions and expected future developments. Actual results and the timing of events may differ materially from those contemplated by the forward-looking statements due to a number of factors, including regional, national or global political, economic, business, competitive, market and regulatory conditions and the other factors that are described in the section entitled "RISK FACTORS" in Item 1A of our most recently filed Annual Report on Form 10-K.
About Mueller Systems
Mueller Systems offers a full line of residential, fire line and commercial meters, AMR/AMI systems and related products. Mueller Systems provides Smart Metering solutions to optimize the delivery and use of water and energy. Municipalities that supply water and electricity need innovative ways to increase efficiencies, reduce costs, conserve water and energy, and improve customer service. Mueller Systems portfolio of metering systems meets that need. For more information about Mueller Systems, please visit the Company's website at www.muellersystems.com .
About Mueller Water Products, Inc.
Mueller Water Products, Inc. (NYSE: MWA ) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. The piping component systems produced by Anvil help build connections that last in commercial, industrial and oil & gas applications. Visit us at www.muellerwaterproducts.com .
Investor Contact: Martie Edmunds Zakas Sr. Vice President - Strategy, Corporate Development & Communications 770-206-4237 Media Contact: John Pensec Sr. Director - Corporate Communications & Public Affairs 770-206-4240
