Landis+Gyr Wins Meter Bids with Three Central American Utilities

ATLANTA, July 10, 2017

The contracts with Electrica de Guatemala S.A. in Guatemala, DELSUR in El Salvador and Elektra Noreste S.A. in Panama include both residential and commercial ANSI type electricity meters from Landis+Gyr's FOCUS^® and S4x product lines.

"Landis+Gyr has a proven history of providing quality products and services to utilities in this region, and we received the largest share of these contracts based upon high billing accuracy and available security options," said Carlos Zerpa, Director of International Sales at Landis+Gyr. "We look forward to helping these utilities achieve their grid modernization goals."

Of these three utilities, Landis+Gyr has long-term relationships with Elektra Noreste S.A. and Electrica de Guatemala S.A., and both utilities cited product and service satisfaction as the reason for keeping Landis+Gyr as their primary provider.

Landis+Gyr's industry-leading advanced metering portfolio includes the E350 FOCUS AX-SD, which has become the primary residential meter for the largest advanced metering deployments in North and South America, as well as Asia Pacific. The company announced production of the 50 millionth advanced meter at its North American manufacturing plant last summer.

About Landis+Gyr
Landis+Gyr is leading grid modernization across the globe with solutions for utilities that improve reliability, energy efficiency and consumer engagement. The company's comprehensive portfolio includes standards-based smart grid networks and intelligent devices, analytics and data management, renewable integration and energy storage. Landis+Gyr employs 5,700 people supporting customers in 31 countries. With sales exceeding US$1.5 billion, it operates as an independent growth platform of the Toshiba Corporation (TKY:6502) and is also 40% owned by the Innovation Network Corporation of Japan (INCJ). More information is available at landisgyr.com

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