MESA, Ariz., April 10, 2012 /PRNewswire/ -- PowerOneData International, Inc., a Company that provides Advanced Metering Infrastructure (AMI) and Advanced Database Management Software to Public Utilities and Municipalities around the world, reducing energy resource consumption and its negative impact on the environment and public health, announced its collaboration with Bharat Connect (P) Ltd. (www.bharatconnect.com ), to co-develop a "Smart Meter" that incorporates "Broadband Over Powerline" capability into its hardware architecture. The companies intend to co-brand and co-market the product along with PowerOneData International's highly innovative "Cloud Computing" based Meter Data Management software suite globally to electric utilities.
Mr. Phil Nuciola (www.philnuciola.com), PowerOneData International's Chairman and CEO announced the collaboration with Bharat Connect (P) Ltd., at a recent Board of Directors meeting in Mesa, AZ. Mr. Nuciola stated "This innovation will place both companies at the leading edge of both Utility communication Network and Smart Grid technologies."
About PowerOneData International, Inc.
PowerOneData International, Inc. (www.p1di.com ) PowerOneData International specializes in Advanced Metering Solutions (AMS). The Company has successfully developed and implemented Automated Meter Reading Solutions at many locations worldwide. The electricity supply business has changed, and the demand for electricity has outpaced the supply, resulting in power shortages, wholesale price volatility, transmission congestion and reduced reliability. Today's energy market is more complex and competitive than ever before, and utilities need more business-critical information than conventional metering and billing systems have traditionally provided. Designed to meet the needs of domestic and commercial energy consumers, PowerOneData International has created the Genii System. The Genii System incorporates state-of-the-art hardware and its proprietary Genii software to create advanced meter data management system.
About Bharat Connect (P) Ltd.
Bharat Connect Ltd entered expanding Internet Access Services market. Apart from various forms of Internet Access (Dialup, ISDN, Leased Lines etc.) Bharat Connect also caters to a number of value added, end to end solutions like e-mail, Web designing and Hosting, E-Commerce & Web Strategy consulting in addition to Audio and video streaming facilities.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.