Tritech Technology AB

Tritech Products AB and Aidon agreement for on continued cooperation

Pressmeddelande   •   Feb 23, 2011 13:44 CET

Tritech and Aidon have signed a Frame Agreement for continued supply of Tritech’s Meshnet communications solution. The frame agreement covers up to 400.000 mesh-radio nodes.

Deliveries will take place during 2011-2013 to a number of Finnish utilities such as Vantaa Energy Electricity Networks Oy, Jyväskylän Energia and  LE-Sähköverkko Oy (a subsidiary of Lahti Energia Oy) and in other Nordic projects.

“The continued cooperation with Aidon, the Nordic leader in smart metering and smart grid technology, is one of the corner-stones in in our own success story,” says Christer Österlind, BU manager for Tritech Products. “Together we can deliver a truly leading-edge smart metering solution to some of the worlds most advanced customers. This re-affirms the close co-operation between the two companies and I am very pleased with the trust shown by Aidon in both the Meshnet platform and in Tritech as a company.”

 Tritech Meshnet provides a unique combination of reliable and robust advanced wireless communication technology and unprecedented life cycle cost. Together with Aidon’s metering technology this provides the necessary tools to allow utilities and citizens to contribute to a sustainable society by reducing their energy consumption.

 “We are very pleased with our co-operation with Tritech . Their technology responds to market needs and helps in building a solid smart metering infrastructure. We have gained a strong market position in Finland with Tritech’s future proof communications platform Meshnet. The Frame Agreement will be a basis for continued cooperation into new projects, both in the Nordic markets and elsewhere, ” says Timo Chrons, Managing Director of Aidon.

 The smart metering market in Europe is projected to grow 18% annually the coming 5-10 years. New functionality for smart metering is evolving rapidly and has become more and more complex. As evolution continues, the importance of reliable and cost efficient communication solutions will increase significantly. Wireless mesh communications technology has gained considerable traction in the marketplace due to its proven ability to meet both todays and tomorrows requirements.

About Tritech

“Meshnet by Tritech” is the result of more than 10 years of development and deployment of large-scale wireless mesh networks. In close cooperation with our customers Tritech has developed the concept of radio mesh networking into an industrial grade communication solution for smart metering and other demanding M2M applications. By the end of 2010 more than 200.000 devices will have been deployed. Meshnet enabled electricity meters are now in operation in Sweden, Finland, Norway, U.K. and the Netherlands.

Meshnet is a solution owned by Tritech Products AB, a Swedish research and engineering company founded in 1991, with over 130 employees. Tritech is today one of Europes leading suppliers of meshed networking solutions for M2M communication.

About Aidon

Aidon Oy is a European technology company specialising in smart metering and smart grid applications.Aidon provides next-generation energy service devices, data communication and system solutions, as well as services, all based on an open architecture.The company has offices in Finland, Sweden and Norway.

Press contacts

Christer Österlind, Business Unit Manager, Tritech Products AB, tel +46 410 12191, www.meshnetbytritech.com

 Petteri Heinänen, Marketing Director, Aidon Oy, tel. +358 40 514 4771, www.aidon.fi