Sensus Metering Systems and PageNet Canada Formalize Alliance for Two-Way Network

July 23, 2007

Pittsburgh, PA – Paging Network of Canada, Inc. (“PageNet Canada”), a leading provider of two-way wireless messaging services, and Sensus Metering Systems, a leading provider of advanced utility meter reading systems, announced the signing of an agreement solidifying their alliance to provide utility meter monitoring services over a Canadian Narrowband PCS licensed radio network.

Having worked together for nearly a year under a Memorandum of Understanding, PageNet Canada will continue to provide Sensus with ongoing network services, including turnkey system build-out, maintenance, repair and central monitoring. The agreement also provides Sensus with access to over 350 tower locations throughout Canada where Sensus FlexNet Advanced Metering Infrastructure (AMI) fixed network receivers will be installed.

Garry Fitzgerald, Chairman and CEO of PageNet Canada, said, “We are delighted to be a part of this strategic alliance with Sensus. This relationship is an excellent opportunity for us to expand our existing telemetry business and provide the infrastructure and on-going support for the future success of Sensus Metering Systems in Canada. We believe there is significant growth potential for machine-to-machine wireless communications and look forward to working with Sensus to help fulfill their potential in addressing the advanced utility metering requirements of Canada’s electric, water, gas and heat utilities.”

Sensus Chief Technology Officer, H. Britton Sanderford, Jr. said, “When combined with USA Mobility coverage in the US, this agreement puts in place the final partnership needed to complete and support our North American network coverage strategy. We now have the ability to offer Sensus FlexNet tower gateway base stations on existing towers, monitor and maintain tower equipment anywhere in North America.”

About FlexNet

FlexNet is a simple, flexible and reliable RF fixed network utility meter reading system, which is designed to increase meter reading efficiency, reduce overhead costs, and enhance customer service. FlexNet offers both two-way and one-way fixed based monitoring for both urban and rural areas. The primary licensed system and high powered transmitters provide the most robust system available in the market. In addition, the system is designed to be scalable to accommodate growth as a utility expands the meter deployments throughout its service territory.

About PageNet Canada

PageNet Canada is Canada’s largest paging and wireless messaging company. In addition, through its wholly owned subsidiary, Advanced Wireless Data Inc. (AWDI) markets and supports a wide variety of telemetry products including: Smart metering, Remote monitoring and control of commercial sprinkler systems, Delivery of news information to remote electronic signage, Measurement of pH levels in commercial swimming pools, GPS tracking of vehicles, Control of school crossing lights, and Remote monitoring of out-patients. For more information about PageNet visit their website at www.pagenet.ca.

About Sensus Metering Systems

The Sensus Metering Systems companies are leading world-class providers of high-value metering, Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) system solutions for water, gas, electric, and heat utilities as well as sub-metering entities worldwide. Additional linked businesses include Smith-Blair, Inc. a leading provider of pipe clamp and coupling products for the water, gas, and industrial markets; and Sensus Precision Die Casting that produces complex, high quality die-castings. For more information, please visit the company’s web site at www.sensus.com.

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