JSR Micro Becomes Minority Owner in Capstone Metering LLC
01/16/2013
TOKYO, JAPAN – Jan 16, 2013 – JSR Corporation (President: Mitsunobu Koshiba) announced that JSR Micro, Inc., a US subsidiary of JSR Corporation has become a minority owner in Capstone Metering LLC, a Texas-based technology company that is changing the way global water industries think about managing, controlling and conserving water.
Through a Joint Development Agreement in November 2011, the JSR group companies provided their innovative lithium ion capacitor (LIC) electrical energy storage device to Capstone. JSR group’s LICs provide improved power capture rates compared to conventional batteries. Capstone plans to introduce its wireless intelligent water meter, the IntelliH2O®, in early 2013.
“As this investment demonstrates, we believe in Capstone Metering’s technology,” said Eric R. Johnson, President of JSR Micro, Inc. “JSR is strongly committed to developing and seeking out green, smart and sustainable technologies and Capstone Metering is a great fit for that vision.”
Capstone’s IntelliH2O® water meter’s current features include remote on/off capability, two-way communications, pressure sensing and reporting, remote communication, and self-power generation.
“JSR is a global leader in the development and manufacturing of lithium ion capacitors and we are pleased to welcome them as owners in Capstone Metering,” said Scott Williamson, President/CEO of Capstone Metering. “We look forward to working with JSR to strengthen our position as we enter the water meter industry with the launch of the IntelliH2O® meter.”
About Capstone Metering LLC
Capstone Metering LLC (“Capstone”) is a Texas-based technology company that is changing the way that global water industries think about managing, controlling and conserving water by creating dialogue about the significant value of water and how industry-changing advances in technology can raise water conservation awareness.
Founded in 2006 by a team of individuals with rich wireless technology backgrounds in the water industry, Capstone’s roots lie in the development of remote, distributed wireless communications networks. For more information on Capstone Metering, please go to www.capstonemetering.com.
Through a Joint Development Agreement in November 2011, the JSR group companies provided their innovative lithium ion capacitor (LIC) electrical energy storage device to Capstone. JSR group’s LICs provide improved power capture rates compared to conventional batteries. Capstone plans to introduce its wireless intelligent water meter, the IntelliH2O®, in early 2013.
“As this investment demonstrates, we believe in Capstone Metering’s technology,” said Eric R. Johnson, President of JSR Micro, Inc. “JSR is strongly committed to developing and seeking out green, smart and sustainable technologies and Capstone Metering is a great fit for that vision.”
Capstone’s IntelliH2O® water meter’s current features include remote on/off capability, two-way communications, pressure sensing and reporting, remote communication, and self-power generation.
“JSR is a global leader in the development and manufacturing of lithium ion capacitors and we are pleased to welcome them as owners in Capstone Metering,” said Scott Williamson, President/CEO of Capstone Metering. “We look forward to working with JSR to strengthen our position as we enter the water meter industry with the launch of the IntelliH2O® meter.”
About Capstone Metering LLC
Capstone Metering LLC (“Capstone”) is a Texas-based technology company that is changing the way that global water industries think about managing, controlling and conserving water by creating dialogue about the significant value of water and how industry-changing advances in technology can raise water conservation awareness.
Founded in 2006 by a team of individuals with rich wireless technology backgrounds in the water industry, Capstone’s roots lie in the development of remote, distributed wireless communications networks. For more information on Capstone Metering, please go to www.capstonemetering.com.