Thursday, January 13, 2005 9:29:05 AM
ConectiSys Receives FCC Certification of Its HNet 5.0 Product.
VALENCIA, Calif., Dec 1, 2004 (BUSINESS WIRE) -- ConectiSys Corporation (CNES), a developer of automatic meter reading technologies, announced today that the Federal Communications Commission (FCC) has certified its HNet(TM) 5.0 wireless meter reading system for commercialization and sale.
"We believe that ConectiSys is one of the first within the Automatic Meter Reading field to gain FCC approval of a real-time wireless energy meter reading system, the HNet(TM)-MeterSystem," said Robert Spigno, the Company's Chief Executive Officer. Mr. Spigno added that, "In phase two of the HNet(TM)-Networks certification process, the Company has submitted its HNet(TM)-BaseStation, this will complete the FCC requirements of the new commercial telecommunications network for sales." The HNet(TM)-BaseStation is anticipated for FCC approval in February 2005, paving the way for product release to commercialization.
In Further News
Utility Energy Conference: ConectiSys will be participating in the Marcus Evans conference in Miami, Florida this coming January 2005. The conference is entitled, Advanced Billing and Metering Solutions for Utilities. We are very excited about this marketing opportunity! This Conference will give ConectiSys the opportunity to gain the competitive advantage our Company needs to position itself as a major player in this up and coming arena. Look for the Marcus Evans banner on the ConectiSys home page at www.ConectiSys.com and look for the ConectiSys logo on the Marcus Evans website at http://www.marcusevans.com/events/CFEventinfo.asp?EventID=8954, which is promoted worldwide, as well as directly to the event's target market.
For additional information regarding FCC product approval, go to: Grant Certificate Issuance.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control including, but not limited to, market acceptance of new technologies or products, delays in certification by the Federal Communications Commission of the Company's H-Net(TM) wireless metering system or its HNet(TM) Base Station unit, or the failure to obtain those certifications, and other risks detailed from time to time in the Company's periodic reports and other filings with the Securities & Exchange Commission.
SOURCE: ConectiSys Corporation
Investor Relations:
Casspi Consultants
Marsha Lee Casspi, 661-295-6763
mailto:InvestorRelations@ConectiSys.com
Copyright (C) 2004 Business Wire. All rights reserved.
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