TransData holds several pioneering patents for its invention of a wirelessly communicating digital electric meter equipped with an internal "under-glass" wireless communication circuit and antenna.
TRANSDATA CORP LLC LICENSE
TransData's counsel, Jamie McDole of Haynes & Boone, LLP, further stated, "With so many large companies recklessly infringing upon TransData's patent rights, I am pleased that Telensa took the less litigious route and affirmatively requested a license before utilizing TransData's patented technology." We also appreciate the fact that Telensa recognized the significant value our patents provide and voluntarily approached TransData to license our patents," said Trace Gleibs, President of TransData. "We are extremely pleased to have signed yet another license agreement for our Smart Meter Patents portfolio. as well as large utilities such as Alabama Power Company, Georgia Power Company, Mississippi Power Company and Wisconsin Power & Light Company. Licensees include major meter manufacturer Sensus USA, Inc.
Today's announcement marks the fifth license agreement generated by TransData's Smart Meter Patents portfolio. The financial terms of the licensing agreement, which includes TransData's U.S. 20, 2014 /PRNewswire/ - TransData Inc., a leading developer and manufacturer of advanced power and energy metering products for electric utilities and industry, announced today that it has licensed its wireless "Smart Meter Patents," portfolio to Telensa Ltd., a leading street light wireless monitoring and control system supplier based in the U.K.
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