Plano, TX, U.S.A. --- (METERING.COM) --- October 17, 2007 – Datamatic Ltd. was named Enterprise of the Year in the category of companies earning between $10 and $50
million in revenues during the Celebration of Enterprise 2007 awards banquet in Plano, Texas.
The Celebration of Enterprise Award program began in 1997 as a way to recognize and encourage local businesses to determine needs, take risks to satisfy those needs and ultimately succeed. Today, the program identifies the most notable up-and-coming privately held companies in Collin County, those that truly “embrace the entrepreneurial spirit.”
To be considered for the award, a private company must have its headquarters in Collin County, be financially successful and have met a need in the marketplace even though it required taking a risk. Finalists undergo an extensive review with the winners in four classes announced at a luncheon at the Plano Centre.
"We’re pleased that our team’s reputation for experience, innovation and reliability was recognized with this award," said Datamatic CEO Ken Kercher. "We’re dedicated to providing leading-edge products for our global customers that leverage the best, and most advanced technology. Although we do business worldwide, it’s important to be recognized for our accomplishments in the community where Datamatic began."
Datamatic was recognized for developing technology that leverages current automated meter reading data capture systems to enhance the information’s value. In addition, the company was noted for pioneering the use of high-speed, spread spectrum communications systems to collect data from and control water, gas and electric meters.
The company installed the first electronic meter reading system in 1980. Datamatic has steadily grown its sales and revenue over the past few years and is poised for expansion with a new world-class AMR system that was recently introduced called MOSAIC™. It is the first universally-compatible AMR system capable of reading water, gas and electric meters via handheld, mobile and full mesh network collection platforms from the same endpoint.