Two new contracts were signed in Brazil, one with CELPE and the other one with CEMAR. This new project with CELPE is located in the Island of Fernando de Noronha, one of the most beautiful tourist destinations in Brazil. CELPE is currently using Smart IMS metering points in the city of Recife.

CEMAR is a new, perspective project. The initial stage is 4,000 end-points, and an upgrade in quantities is planned for 2007.