CISWorld.com Products Directory Submit Profile News Events Articles Open RFP Submissions CISWorld Profile

News 2000

 

CONTACT INFORMATION


FOR IMMEDIATE RELEASE
Teldata Solutions is Refocusing Its Efforts
Teldata is taking steps to refocus its efforts on its AMR and Data Acquisition and Management Services business units

PORTLAND, OR., May 11, 2000 - Rob Jenkins, President and CEO of Teldata Solutions, announced that the company is refocusing its efforts on those business units that represent future growth, namely, the AMR and Data Acquisition/Management Services.

With this refocus, it has been decided that the company's CIS System Implementation business unit, located in the Chicago offices, will be closed effective Monday, May 15, 2000.

With the closure of the CIS operations, only support staff remains in the Chicago office. According to Jenkins, "As best as is possible, the HR, Marketing and Sales functions will be absorbed into the Portland office which will serve as the company's new headquarters. The Los Angeles office will remain responsible for the company's AMR products and related R&D.

" This was a very difficult decision to reach,'' said Jenkins. "Teldata has very talented and dedicated staff in its Chicago office. They and their contributions will be missed.'' Jenkins went on to explain that the company is providing extended severance packages and is making every effort possible to see that the employees affected will be assisted in this transition.

" Often hard decisions have to be made in business to ensure the long-term success of an organization,'' said Jenkins. "We believe that our AMR and Data Acquisition/Management businesses have a very prosperous future. The restructuring will enable Teldata to refocus on
what has historically been its core business. We are confident that this action will represent a positive step in the future growth and health of the organization.''

About Teldata
Teldata Solutions provides data acquisition and data management solutions for electric, water and gas utilities. Its technical solutions include automated interval meter data collection, data management, energy information services and web-based data presentation. Teldata Solutions is a certified provider of meter installation and meter data management services. Additional services include advanced metering, on-site consultation and certified meter services training. Teldata Solutions is a wholly owned subsidiary of The National Grid Group plc.

# # #





 

 

©2009 Five Point Partners All Rights Reserved. Direct #512-288-2655 Contact the Webmaster

Home | Marketplace | News | RFP | Articles | Events | Site Map