MONTEVIDEO, Uruguay, July 22, 2014 /PRNewswire/ --
The Arad Group was chosen to provide Uruguay's national water utility with 45,000 units of its advanced Gladiator residential positive displacement water meter
The Arad Group, a world leader in the field of water measurement solutions and services, has won a tender from OSE (Obras Sanitarias del Estado), Uruguay's state water utility, to provide it with advanced automatic meter reading (AMR) solutions.
OSE, which provides water and sewerage services nationwide, has ordered 45,000 units of Arad's Gladiator positive displacement water meters, which will be installed in different locations across the country. The Gladiator volumetric meter is specifically designed for high accuracy and a wide measuring range.
"Uruguay is one of Latin America's most advanced water markets and the fact that OSE has chosen Arad to provide it with advanced residential meters indicates our strong position in this lucrative market," said Rami Ziv, Arad's VP International Sales & Marketing. "As Uruguay is a regional leader in the utilization of water metering, we can assume that other utilities and water companies will follow in OSE's footsteps."
Arad has expanded its activity in Latin America substantially over the last several years. As part of its efforts to strengthen its presence in this fast-growing market, Arad recently acquired Mexico's leading water meter manufacturer Cicasa.
A Pike Research report indicates that the remote water meter reading market in Latin America will experience a compound annual growth rate of 27% during the next several years.
About the Arad Group
The Arad Group is a world leader in the field of water measurement solutions and services. The company specializes in designing, developing and manufacturing high-quality meters, AMR & AMI systems and advanced MDM systems and technologies.
Arad's patented solutions and products are specifically designed to meet the needs of utilities, waterworks companies and agriculture, and are aimed at reducing water waste, improving water metering management capabilities, and cost saving.
Earlier this year, Arad was awarded the 2014 Frost & Sullivan Emerging Market Innovation Award for Information Technology-based Water Management. Frost & Sullivan noted that emerging markets play a significant role in Arad's expansion plans.
VP International Sales & Marketing
SOURCE Arad Group