Meterteq Limited was established in 2002 to create an independent business that can focus on the ongoing development of value-added, electronic systems that provide solutions to utility revenue management problems worldwide. Its core products are prepayment water meters and their associated software applications.

Meterteq Limited formed Meterteq Africa (Pty) Limited in a joint venture arrangement with Pan African Energy (Pty) Limited in 2002, to create a majority black South African-owned business to service the southern African development community. Group manufacturing is co-ordinated through Meterteq Africa in Johannesburg. Meterteq has successfully installed its products throughout South Africa, Lesotho and Namibia, and is currently implementing projects in Malaysia and Saudi Arabia.

As part of its international marketing strategy, Meterteq is seeking to appoint agents and would like to hear from interested parties in any territory. The product range is an ideal value-added addition to a business already providing mechanical meters, but it would also be of interest to those seeking to break into the utility sector with a new product concept.