CONECTISYS CORP (OTC:CNES)
Industry: Technology
ConectiSys Corporation, incorporated on February 2, 1986, is engaged in the development of a low-cost automatic meter reading (AMR) solution. It has developed a low-cost AMR solution that includes a system employing specialized hardware and software that will allow for residential and commercial applications. The Company's system is called H-Net. During the fiscal year ended September 30, 2005, ConectiSys has not sold any H-Net systems. The Company is developing its H-Net system. It is focused on redesigning the H-Net circuitry from a three-board circuit to a two-board circuit. This redesign was completed in November 2005, and testing of the new H-Net circuitry has begun. H-Net System ConectiSys' H-Net system is designed to enable users to remotely read electronic energy usage meters without the necessity of someone traveling to and physically reading the meter. Its H-Net system is designed to provide continuous meter- reading capabilities, address the inefficiencies that accompany physical meter reading and provide additional benefits to its users. All field installations and deployment programs of the Company's H-Net system will be administered by United Telemetry Company, one of its two wholly owned subsidiaries. The data collected by H-Net-equipped meters will be transmitted over the unlicensed industrial, scientific and medical (ISM) 900-megahertz (MHz) radio frequency band. ConectiSys' H-Net system allows for high-density data transmissions, which makes it ideal for metropolitan and other crowded areas where a large amount of data would normally be collected. H-Net-Equipped Meters ConectiSys' H-Net system comprises three principal components that operate together to provide a low-cost AMR solution: H-Net-equipped meters, base stations and a network operating center. The first component of the Company's H- Net system is an electronic meter put into service at a residence that is equipped with a circuit board that contains a memory module, microprocessor, and a two-way radio transmission and receiver device that operates in the ISM 900-MHz radio frequency band. This circuit board may also be retrofitted to some existing meters. Each energy meter equipped with this circuit board and connected to an AMR network is referred to as an H-Net-equipped meter or a node. With the installation of each H-Net-equipped meter, the existing installed H-Net-equipped meters self configure by transmitting configuration data to other H-Net-equipped meters and receiving configuration data from other H-Net-equipped meters. ConectiSys' AMR network, when it is operational, will partially include the H-Net-equipped meters, each communicating to another with the final communication of data in a given communication cycle being transmitted to the second component of the H-Net system, a base station. The base station is designed to receive data transmissions from various nodes in its local network, and uses its modem to place a local telephone call and transmit the data it has collected to the third component of the H-Net system, the network operating center. The base stations will deliver energy meter data four times an hour, 24 hours a day to the Company's network operating center. ConectiSys has designed its network operating center to support up to 250,000 H-Net-equipped meters. The network operating center will be administered by the Company's wholly owned subsidiary, eEnergyServices.com, Inc. H-Net Network The H-Net network, once deployed, will comprise of the Company's network operating center and local networks, which in turn are each comprised of a base station and H-Net-equipped meters. Each H-Net-equipped meter can communicate with other H-Net-equipped meters that are up to a distance of approximately one-quarter mile away. ConectiSys' base stations are designed to receive data transmissions from up to 7,500 H-Net-equipped meters. A base station can transmit the accumulated data it has received from the H-Net-equipped meters in its local network by telephone every 15 minutes by using its modem to communicate with
As Of: 10/07 00:00 ET
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