DALLAS, Aug. 4, 2016 /PRNewswire/ -- TransData, Inc., a leading designer and manufacturer of digital electric meters and advanced metering infrastructure (AMI) products for 47-years today announced that Itron, Inc. (ITRI) and Landis+Gyr (a business unit of Toshiba Corporation) have agreed to license TransData's Smart Meter Patents portfolio. The terms of the agreements are confidential.
TransData's Smart Meter Patents (U.S. Patent Nos. 6,181,294; 6,462,713; and 6,903,699) cover the pioneering technology invented by TransData that enabled equipping a digital electric meter with an internal wireless "under-glass" communication circuit and antenna used for wireless meter data communications. Digital electric meters equipped with TransData's patented technology are commonly referred to as "smart meters" or "advanced metering infrastructure".
With these agreements, four of the "Big-5" electric meter manufacturers (Itron, Aclara/GE, Landis+Gyr and Sensus) have licensed TransData's Smart Meter Patents for use in their electric meters equipped with wireless communications. Several other companies including Vision Metering, M2M Technologies and smart street light manufacturer Telensa, Ltd. have also obtained licenses to use TransData's patented technology in their products. A list of licensees can be found on the Company's website.
TransData's Smart Meter Patent licensees represent approximately 90% of the digital electric meters equipped with under-glass wireless communications sold in the United States and Canada.
"We are extremely pleased that Itron and Landis+Gyr decided to license our Smart Meter Patents for use in their metering products," said Trace Gleibs, President of TransData. "This further substantiates the overall quality of our Smart Electric Meter Patents and their significance towards the manufacture and operation of smart electric meters."
Attorneys Jamie McDole and Phillip Philbin at Haynes and Boone, LLP and Greg Parker at Parker Justiss represented TransData in the licensing deal.
TransData specializes in the design and manufacture of digital electric meters and related energy measurement and recording products serving over 2,000 customers in more than 25 countries worldwide, including all of the top 50 largest U.S. electric utilities. TransData's innovative energy metering products enable our global client base to more efficiently measure, monitor and control the flow of power and energy variables on the smart grid. Founded in 1969, TransData is a privately-held corporation and certified Women's Business Enterprise (WBE) with headquarters in suburban Dallas, Texas. More information on TransData can be found at www.transdatainc.com. TransData is a registered trademark of TransData Inc.
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SOURCE TransData, Inc.