SmartSynch Establishes Partnership with Olameter

Canadian Service Provider Offers SmartSynch Technology

Jackson, MS — June 1, 2006

SmartSynch Inc. recently announced a strategic alliance with Olameter Inc. that will facilitate increased implementation of advanced metering technology while improving its accessibility to Canada’s utilities and local distribution companies.

Olameter, headquartered in Montréal, Quebec, with facilities in Newmarket and Mississauga, Ontario, provides meter sales and service, field operations and IT Solutions, servicing over 2.5 million electric, water and gas meters throughout Canada and the United States. Olameter provides metering and data-management services as an application service provider, including consumer web-presentment in support of Ontario’s Smart Metering Initiative.

Olameter has added SmartSynch’s Transaction Management System™ (TMS) software to their ASP suite of data collection solutions. TMS and Olameter’s data management solutions provide a simple data integration path to existing billing and back-office systems. The complete SmartMeter™ System enables Olameter to extend its data collection capabilities to advanced meters throughout its clients’ service territory.

“This partnership highlights SmartSynch’s continued commitment to the Ontario market and to establishing business relationships with highly regarded Canadian companies,” said John Feltis, SmartSynch’s Vice President of Canadian Operations. “We are excited that Olameter has incorporated our SmartMeter System as part of their wide range of metering services.”

Olameter has begun promoting SmartSynch’s wireless metering technology and offering the newly acquired TMS capabilities to local distribution companies throughout Canada. The success of this promotional endeavor has resulted in an increased demand for TMS, a browser-enabled software application that is both versatile and user-intuitive.

“This partnership leverages Olameter’s industry expertise and SmartSynch’s proven strength in wireless metering technology, providing customers with an intelligent, cost-effective, easy-to-use solution,” said Brent Williams, Olameter’s Vice President of IT Solutions. “SmartSynch’s technology perfectly complements our existing metering services and allows us to offer a more complete range of metering solutions that we can tailor to the individual needs of our customers.”

About SmartSynch
SmartSynch, based in Jackson, Mississippi, is a leading provider of wireless advanced meters throughout North America, having sold over 90,000 at more than 50 major utilities and distribution companies. SmartSynch’s core product, the SmartMeter™ System, facilitates real-time acquisition of critical usage and rate data from electricity meters via public wireless networks and the Internet. During the past five years, SmartSynch has deployed more electric interval meters with embedded wireless communications than all other companies in North America combined, with over 25,000 Megawatts and over $9 billion of revenue serviced annually by SmartSynch technology. For more information, visit www.smartsynch.com.

About Olameter
Olameter Inc. is an independent metering specialist serving electric, gas and water utilities across North America, making a specialty of generating savings by integrating site services across multiple utilities. Olameter offers a comprehensive suite of outsourced services, products and solutions designed to maximize business returns through a proven implementation model that minimizes the associated cost and impact to the utility’s organization. A value-added partner, Olameter has helped over 65 utilities achieve deliverables such as improved cash flow, reduced costs and enhanced customer loyalty. For more information, visit www.olameter.com.

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