OpenText Joins Key Industry Group Advancing "Smart Metering," Energy Efficiency in Europe
05 Apr, 2011, 08:00 ET
European Smart Metering Industry Group (ESMIG) leads the way in collaboration between leading manufacturers, IT companies and systems integrators in Europe
WATERLOO, ON, April 5 /PRNewswire/ - OpenText™ (NASDAQ: OTEX) (TSX: OTC) today announced that it has joined the European Smart Metering Industry Group (ESMIG). With this membership, OpenText will collaborate with other global companies in sharing thought leadership and expertise in an effort to set industry standards for the European smart metering industry.
ESMIG members are comprised of leading European meter manufacturers, IT companies and systems integrators. Member companies cover all aspects of smart metering, including electricity, gas, water, and heat measurement. These members represent the entire value chain from meter manufacturing, software, installation and consulting to communications, data management and systems integration. By giving support to the European Union and its member states, as well as through cooperation and partnerships with relevant stakeholders, the group aims to assist in the development, introduction, integration and management of smart metering solutions across Europe.
"The utilities sector is growing organically and changing in new ways as a result of smart metering and other initiatives to increase energy efficiency," said Walter Köhler, OpenText's Vice President of Global Services, EMEA. "As a component of OpenText's ECM Suite, our customer communication management capabilities enable utilities to communicate more effectively with customers about their energy usage. This communication helps customers improve their energy efficiency while boosting the customer experience. By collaborating with other companies and integrators, we are helping EU institutions, consumers and utilities make the best possible decisions about smart meter adoption today and into the future."
"We are thrilled that OpenText is joining as a member of our group," said Dr. Howard Porter, ESMIG Managing Director. "The wealth of expertise in enterprise content management and digital content solutions that OpenText offers to our group will greatly enhance in the development and roll out of end-to-end smart metering solutions for organizations throughout Europe."
For further information about the European Smart Metering Industry Group (ESMIG), please visit: http://www.esmig.eu/
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OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts™ to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on Open Text's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. Open Text's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see Open Text's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, Open Text disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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