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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company -- Ignore unavailable to you. Want to Upgrade?

To: Neil H who wrote (143)	7/22/1999 3:53:00 PM
From: Neil H	Respond to of 216

Related Quotes CNDS SLB 9 60 15/16 -1/2 -1 1/2 delayed 20 mins - disclaimer Thursday July 22, 2:46 pm Eastern Time Company Press Release SOURCE: Schlumberger Resource Management Services, Inc. Schlumberger to Provide Pittsburgh Water Authority With Advanced Meter Reading Solution Cutting Edge Wireless Fixed-Network RF System Based on CellNet Data Systems Technology to Serve 83,000 Customers - Making It the Largest of Its Type in North America PITTSBURGH, July 21 /PRNewswire/ -- Schlumberger Resource Management Services, Inc. has been awarded a major contract to supply the Pittsburgh Water and Sewer Authority with a Data Management Services project. This solution offering will provide Fixed Network Automated Meter Reading (AMR) services to approximately 83,000 residential, commercial and industrial customers across Pittsburgh Water's entire service territory and will be the largest fixed-network installation of its kind for water meters in North America. Schlumberger has selected CellNet Data Systems, Inc. (Nasdaq: CNDS - news) and its technology to provide fixed wireless network services to Pittsburgh Water. The new fixed wireless radio network system will allow the Pittsburgh Water and Sewer Authority to access customer water usage information such as -- monthly consumption data, on-request reads, real-time theft notification and other value-added data. This technologically advanced data management solution enables the utility to enhance its customer service to water users across its territory by considerably increasing efficiency in meter reading and data processing. Furthermore, the new system will allow Pittsburgh Water to improve its own operational efficiency. Under the terms of this multi-year contract, Schlumberger will provide operation and maintenance services for Pittsburgh Water. Schlumberger is manufacturing and installing the CellNet compatible AMR radio frequency (RF) interface units on to existing water meters. The RF devices use radio transmission technology licensed from CellNet Data Systems. Schlumberger will be responsible for the integration of the data collected and delivered to it via the CellNet network with Pittsburgh Water's billing and customer information system. According to John Hanna, Executive Director of Pittsburgh Water and Sewer Authority, ''As part of the initial planning phase of this project, we conducted an extensive evaluation of AMR systems and suppliers. We determined that a fixed network AMR system would provide the best solution for our current and future data collection needs. Through this system we will be able to offer our customers additional value added services such as real-time consumption mapping, leak and theft detection, and on demand reads. We concluded that Schlumberger not only provides the best technology and services on the market, but that it had also demonstrated a proven ability to deliver the fully integrated solution that we require.'' Schlumberger RMS President, Brad Kitterman, says, ''Schlumberger is uniquely positioned to provide the integrated solution that companies such as the Pittsburgh Water and Sewer Authority require. In this instance, we have teamed with CellNet to provide a wireless fixed network communication system solution. This project will benefit both Pittsburgh Water and their customers.'' John T. LaMacchia, CellNet president and chief executive officer, said, ''We are pleased that Schlumberger chose CellNet technology to serve a major network customer yet again. This is an exciting announcement for all parties, and one that demonstrates our capability and commitment to further expand into the water utility market, which we expect to become a valuable portion of CellNet's business in the near future.'' Schlumberger Resource Management Services (RMS) is one of the leading providers of metering systems and solutions and a leading worldwide provider of services to the utility industry. It is a unit of Schlumberger Limited (NYSE: SLB - news), a global technology service company providing oilfield services, resource management, transactions-based technology and associated systems, and semiconductor test equipment. In 1998, Schlumberger revenue was $11.82 billion.