CLEVELAND, N.C., June 12, 2011 (GLOBE NEWSWIRE) -- Mueller Systems, a leading provider of innovative water infrastructure products and services and technologically advanced metering systems for water, electric and gas systems, announced HbMAG—the company's magnetic flow meter for the water industry. Mueller Systems is a subsidiary of Mueller Water Products, Inc. (NYSE:MWA), a leading North American provider of water infrastructure products and services, and offers a full line of residential, fire line and commercial meters, automatic meter reading (AMR)/advanced metering infrastructure (AMI) systems and related products that optimize the delivery and use of water and energy.
HbMAG enables municipalities to measure water flow more accurately than with most traditional meters—with virtually no reduction in head pressure, helping municipalities to significantly reduce pumping costs, improve conservation and accurately account for water consumption. Its accurate measurement of water flow and improved operational efficiency for municipalities' potable, wastewater and reclaimed water systems, makes it a viable replacement option for applications that previously utilized a compound or horizontal turbine meter and for use in applications where minimal head pressure loss is vital, such as fire protection systems. HbMAG's compact and highly durable design contains no moving parts—which means virtually no wear and tear or maintenance costs for municipalities—and it can be installed vertically or horizontally for ultimate flexibility in system retrofits and designs.
HbMAG displays detailed usage information on-site. And, it can fully integrate with Mueller Systems' two-way fixed network solution—Mi.Net™ Mueller Infrastructure Network for Utilities—or Hot Rod™—Mueller Systems' advanced AMR system—for intelligent performance, diagnostics, billing accuracy and customer service, as it enables municipalities to remotely collect usage information. HbMAG enhances the many benefits of the Mi.Net System, which include on demand meter readings, e-mail alerts and alarms based upon near real-time information, and the ability for utilities to best manage your water resources through on-going access to custom data and information.
"HbMAG is one of Mueller Systems' latest smart water innovations that helps municipal water service providers to efficiently optimize their measuring capabilities while reducing operating expenses and improving conservation—especially when used as part of an AMI or AMR system," said Hassan Ali, vice president and general manager of Mueller Systems. "The development of HbMAG represents Mueller Systems' most recent expansion of its meter offerings to better meet the needs of municipalities to more accurately measure every drop of water in their system."
Safe Harbor Statement
This press release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address activities, events or developments that we intend, expect, plan, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on certain assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions and expected future developments. Actual results and the timing of events may differ materially from those contemplated by the forward-looking statements due to a number of factors, including regional, national or global political, economic, business, competitive, market and regulatory conditions and the following:
- the level of spending on water and wastewater infrastructure;
- the demand level of manufacturing and construction activity;
- our ability to service our debt obligations; and
- the other factors that are described in the section entitled "RISK FACTORS" in Item 1A of our most recently filed Annual Report on Form 10-K.
Undue reliance should not be placed on any forward-looking statements. We do not have any intention or obligation to update forward-looking statements after we file this press release, except as required by law.
About Mueller Systems
Mueller Systems offers a full line of residential, fire line and commercial meters, AMR / AMI systems and related products. Mueller Systems provides Smart Metering solutions to optimize the delivery and use of water and energy. Municipalities that supply electricity, water or gas – or any combination of the three services – need innovative ways to increase efficiencies, reduce costs, conserve energy and water, and improve customer service. The Mi.Net™ Mueller Infrastructure Network for Utilities from Mueller Systems meets that need. For more information about Mueller Systems, please visit the Company's website at .
About Mueller Water Products
Mueller Water Products, Inc. manufactures and markets products and services that are used in the transmission and distribution of safe, clean drinking water and in water treatment facilities. Our broad product portfolio includes engineered valves, fire hydrants, pipe fittings, water meters and ductile iron pipe, which are used by municipalities, as well as the residential and non-residential construction industries. With latest 12 months net sales through March 31, 2011 of $1.3 billion, the Company is comprised of three operating segments: Mueller Co., U.S. Pipe and Anvil. Based in Atlanta, Georgia, the Company employs approximately 4,700 people. The Company's common stock trades on the New York Stock Exchange under the ticker symbol MWA. For more information about Mueller Water Products, Inc., please visit the Company's website at .
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