Alfonso Barragan, the Chairman of Eon Corporation, says, “The settlement and license to Sensus vindicates our investment and nearly two-decade commitment to the technology. When I first joined the Eon Board of Directors in 1992, we hired Mr. Dinkins as our chief engineer. We knew that through our team’s efforts, we were significantly advancing the state of wireless communications technologies. The FCC agreed and allocated spectrum for Eon’s innovative applications. Of course, we could never have anticipated the speed with which the industry would catch up with us over the past several years, and certainly we did not anticipate the rapid adoption of our technologies as we continue to see. We are extremely pleased with the license terms and with our new licensee, Sensus, and we hope for a long and mutually beneficial relationship with them.”
Founded in 1986, Eon Corporation specializes in wireless communications, holding several patents relating to how interactive video and data is transmitted over fixed and mobile wireless networks. The company also actively invests in digital and mobile communications innovations and continues to develop new technology solutions in wireless telemetry, mobile communications and interactive, digital video. For more information, visit www.eoncorporation.com.
Sensus provides technology solutions that enable intelligent use and conservation of critical energy and water resources. In addition, Sensus develops technologies for the energy and water industries. Headquartered in Raleigh, North Carolina, Sensus serves customers throughout the Americas, Europe, Africa and Asia. For more information, visit www.sensus.com.