Check out our press release hub, powered by Business Wire. It's a one stop shop for industry announcements to help you stay on top of the latest technology and investment trends. Get the scoop here.
Advanced Breaker/Meter Gateway System Empowers Utility Companies in Emerging Markets to Quickly Deliver Improved Communications to a Targeted 2 Billion Citizens via Existing Electrical Grids Worldwide
HOUSTON–(BUSINESS WIRE)–November 14, 2013–
Edison Global Circuits (EGC) is actively seeking strategic investment to support ongoing sales efforts, product line development and production operations for its Advanced Infrastructure System, new multi-purpose gateway technology that Huawei, whose end-to-end information and communication technologies (ICT) services make communications possible for one-third of the world’s population, says “needs to be in every home in the world.”
Ray Cole, CFO of Houston-based EGC, a leading-edge pioneer in electrical safety and diagnostic systems, says Edison Global Circuits is at the commercialization stage and ready to provide the right investment team an equity position in return for strategic investment. “We prefer a company that has technological experience in the utility space with worldwide influences, especially in emerging market countries. We expect to deploy AIS to most, if not all, emerging markets, as well as some European and North American markets, over time,” Cole said. “The Advanced Infrastructure System is an all-in-one technology and communications solution that not only pays for itself, but generates additional revenue for the government and utility. The market potential can reach upwards of 2 billion people, putting this opportunity in rare company with other multi-billion dollar projects.”
Edison Global Circuit’s patented AIS gateway – the only one in the world that connects directly to circuits already in the home – combines intelligent home breakers with advanced safety features, measurement & control and a sophisticated communications package designed to make the home safer and more convenient for living. Seamless multi-way communication makes it possible for any utility around the world to provide Internet, TV, phone, security, educational services or any application that can be delivered wirelessly through existing networks to the home.
“We are presenting our initial program in Mexico later this month with the intent to convert every Mexican home to the AIS system and build out the government’s fiber network so that all existing and new providers can use it to deliver communications at a fraction of current delivery costs,” said Cole. “Fully deployed, the system, in conjunction with the last-mile build out, will require Mexico’s government to make an investment in their people north of $30 billion. However, the network has the capability of recapturing these costs with shared revenue streams and on-going cash flow, which we can easily demonstrate.”
- EGC will sell to emerging governments through the utility space which is not only looking to improve its grid structure beyond standard smart meter offerings but also has the authority to install the AIS units inside each home.
- Governments in emerging markets generally control the electrical grids in their countries, which means EGC can deploy AIS throughout the country, selling customer by customer via the government utility.
- Most emerging markets have deficiencies in education, middle class path and cash-to-payments capabilities and governments are looking for ways to improve the lives of its citizens by providing better access to communications, education, security or banking services, among others.
- The AIS dual-purpose system receives and distributes any signal to end devices like a TV or computer in the home without set-top boxes, routers or hardwiring requirements.
- The combination of a last-mile build out and the AIS unit allows any content provider to deliver services to citizens in a very cost-effective manner.
- Shared gateway revenue ensures the government’s investment of a last-mile build out is covered by recurring revenue and not on the backs of its citizens.
“Most of the countries we’ve analyzed have a single or dominant provider reducing competition and keeping prices artificially high, which ultimately reduces the country’s GDP. For example, Mexico is losing as much as $300 million – 2% of its GDP – due to a lack of communications competition,” Cole said. “These countries have goals to improve the lives of their citizens by providing access to communications and better and affordable paths to education without building more schools, creating a climate of advancement and improved GDP, developing a payments-based society and introducing competition and lower costs into the market.”
The Advanced Infrastructure System from Edison Global Circuits helps governments accomplish these goals in a real and effective manner, while at the same time providing the government utility with a superior grid system capable of ending most electrical theft, reducing brown or blackouts nationwide and making homes safer and more economical. EGC is working closely with Kahn Academy to integrate its modernized education platform into country e-learning initiatives and with its last-mile development partners Huawei Technologies Co. Ltd., Alcatel-Lucent and Ericsson Inc.
To request a financial package, contact Edison Global Circuits: http://www.egcircuits.com/contact.html or email@example.com
Meet AIS . . .
“The Advanced Infrastructure System from Edison Global Circuits is revolutionary and cannot be compared with any smart meter system in the world today – it needs to be in every home in the world and we plan to help speed that process,” said Yan Shi, director of Huawei Latin America’s device product center.
AIS is an extremely cost-effective combination of communications, access, measurement & control, breaker development and customer interaction – all in one product – that gives any emerging market putting the system into production the capability to quickly become a “smart country,” saving – and generating – millions. The advanced breaker/meter gateway system is so advanced, affordable and quick to implement, United Nations representatives said after reviewing it that AIS likely qualifies as “country infrastructure” and they’d be open to providing long-term funding to any country that wants to install it.
“AIS is not a meter, but a multi-purpose gateway designed to interact with utility companies, customers, carriers and content providers by utilizing existing communications pathways and networks to help governments and utility companies in emerging countries deliver services to the home,” said Stephen Williams, EGC CEO. “EGC has been focused on bringing our Smart Country Infrastructure SystemTM to billions of underserved populations in developing countries by basically eliminating the cost in time and resources a government would need to upgrade its communications infrastructure.”
Key Benefits to Governments and Utilities:
- AIS is the only product in the world that connects directly to the circuits already in the home, which means utilities can reduce theft up to 80% – that alone pays for the system.
- A unique patented feature allows a utility company to shed load throughout their grid without shutting down individual homes, preventing brownouts or blackouts and conserves energy.
- The AIS powerful gateway feature that allows carriers and content providers access without wiring the house or providing set-top boxes, also allows utility companies to share in these newly created revenue streams.
- Fully deployed, implementing the AIS gateway in country can pay for the entire installation and maintenance of the system.
Key Features of the EGC Advanced Infrastructure System:
- 7-inch touch screen offers interactive communications like energy-usage updates, emergency alerts and bill pay
- Revolutionary patented life-saving breaker system and smart meter offers improved home safety and increased system control
- 120-240V AC single pole 20-50 amp circuit breaker guards against overloading and short circuits in the home
- Wi-Fi and 3G/4G module package allows third-party access and delivery of Internet, video and dial services
- Proprietary gateway feature accepts all communications protocols and feeds data back to the provider, allowing any third party to connect to AIS and drive media to an end appliance, like a TV, using existing home electrical wiring
- Meets and exceeds utility networking requirements
- Internal measurement and control system vital for utility data management and remote system controls
- Completely downloadable state-of-the-art systems controller module allows for simple upgrades and cost effectiveness
- Two-way communications allows utility to connect to AIS box to send and receive data through the internal meter to and from each individual plug-in breaker
- Unique video and audio delivery provides revenue source for utility with no additional hard wiring while at the same time upgrading quality of services to its consumers
WATCH THE VIDEO: http://www.egcircuits.com/products/video.php or http://www.egcircuits.com/AISvideo.html
Other Multimedia Available: http://www.businesswire.com/news/home/20130827005912/en/Countries-Install-Advanced-Infrastructure-System-Edison-Global
About EGC’s ICT Partner Huawei
Huawei’s end-to-end information and communication technologies (ICT) advantages in telecom networks, devices and cloud computing helps make communications possible for one-third of the world’s population. With 120,000 employees worldwide, and offices and research facilities in 100 countries, Huawei is a 100% employee-owned private global ICT company based in Shenzhen, China. Huawei helps customers build simplified yet highly efficient network infrastructures that provide ubiquitous broadband to consumers. Ranked number 2 in the world among ICT providers, Huawei’s competitive solutions and services have been deployed in more than 140 countries by 45 of the world’s top 50 telecom operators across carrier networks, enterprise, consumer and cloud computing, creating maximum value for telecom operators, enterprises and consumers. Huawei helps bridge the digital divide, enriching life through communication and providing opportunities to enjoy broadband service no matter the geographic location.
About Edison Global Circuits
Houston-based Edison Global Circuits, a leading-edge pioneer in electrical safety and diagnostic systems, provides proprietary solutions for safety, diagnostics, fire prevention, smart meters, green adaptations and true home and business gateways to the United States and countries all over the world. Via its revolutionary, next-generation utility and broadband communications platform Smart Country Infrastructure SystemTM, EGC works with emerging nations to help them improve their grid networks and reduce modernization costs, providing consulting services to area utilities to assist with updating the way they communicate with homes and businesses on their grids, with immediate return on investment. The company’s advanced breaker/meter gateway Advanced Infrastructure System is a state-of-the-art, low-cost solution for governments and utilities around the world.
Edison Global Circuits, Houston
Stephen Williams or Ray Cole, 832.813.8733
We're studying digital marketing compensation: how much companies pay CMOs, CDOs, VPs of marketing, and more
, with ChiefDigitalOfficer. Help us out by filling out the survey
, and we'll share the results with you.