Water Systems, Inc.

Billing Services
Through it subsidiary, Utility Billing Services (UBS), Water Systems is able to provide a variety of utility billing options. We currently monitor and read over 600 properties in over 30 states.

Our strategy is to provide the highest quality billing services at attractive, competitive rates. Whether your property is Metered or a RUB, we are the professional billing company you want.

Professional staff as well as top-of-the-line hardware and software systems assure prompt and courteous service for residents, managers and owners.

UBS will : Save you money, Customize bills and reports for your specific needs, Bill Multiple Utilities (Water, Gas, Electricity, Heating and Cooling) on the same bill, Make submetering easy for your property management staff, and Keep your residents happy with our Customer Care Call Center (C4) to answer questions and resolve discrepancies.

For information concerning read, bill and collect prices, please give us a call at (800) 679-2837 for further information.

The Bottom Line

Sample Proforma: Net Operating Incoming and Property Value Impact Assumptions: A 215-unit garden-style apartment complex, 93% occupied, $40/unit/month average water/sewer bill. Annual water bill due to resident consumption is $96,000. Rent is $450/month.
Before Installation of the WS2000 Submetering System
Annual Income (GRI)	$900,000
Expenses @ 50% of GRI	-$450,000
Net Operating Income	$450,000
After Submetering with the WS2000
Annual Income (GRI)	$900,000
Income from water	$ 96,000
Expenses	-$450,000
Net Operating Income	$546,000
Impact on Property Value
Using a capitalization rate of 10%
Value before submetering with WS2000	$4,500,000
Value after submetering with WS2000	$5,460,000

INCREASE IN PROPERTY VALUE	$960,000

The income increases by the amount the residents paid for their water. Although this is only an example, the numbers represent the magnitude of the value of submetering brings many properties.

Leak detection and prevention will reduce expenses even more.

For many properties, water expense is the first or second largest line item in the operating budget. Shouldn't you be managing it?

The Water Systems, Inc Difference

All of us at Water Systems, Inc. (WSI) believe our company has many unique talents and exclusive products and services- Advantages which others in our industry do not have. Please compare us to our competitors. Property owners and managers find us different in important and valuable ways. You will be glad you took the time to check out The Intelligent Solution

WSI People
Industry Experience - CPM's and CCIM's who know your business and have experienced your challenges and opportunities.
Technical Skills - Engineers, Computer Scientists and Materials Scientists to design reliable, high function, user-friendly products.
Accounting and Financial - CPA's and MBA's who understand how important financial reporting and effective collection systems are to your bottom line.
Resident Services - Experienced bilingual call center, a professional and caring staff and the Customer Care Call Center (C4) which operates 50 hours a week.

RESULT - A modern cutting edge company with good old-fashioned integrity, honesty, loyalty, reliability (we do what we say we will do) and service.

WSI Technology
Industrial Quality Components - Rugged components tested in environments far tougher than that of your property. All NEMA-4 environmental protection packaging of electronics.
Component Isolation Architecture - An approach to system design which means a failure in one component does not result in a system-wide problem. The WSI system design is in contrast to highly integrated electronics where one circuit board failure means impairment or outage of the entire system.
Highest Resolution Meters - The meters used by WSI in many cases are 5 to 10 times more precise in measuring the increments of the utility consumed.
Application "Right" Engineering - WSI systems aren't over-engineered. They are engineered the "right" way. Our competition is under- engineered when compared to WSI.

RESULT - Remarkable reliability, longevity, and accuracy with the WSI metering and leak detection systems.

WSI Proprietary Software
Modern Architecture and Design - State-of-the-art, distributed intelligence design. Fully Windows compatible and Y2K compliant.
Property Management Focus - Written in cooperation with CPM's, CCIM's, and CPA's to meet the operational and financial needs of multi-family, commercial and retail clients. WSI didn't buy software pre-written by utility companies or meter manufacturers. WSI designed and wrote the WS2000 software just for you.

RESULT - Reporting and functions which not only your on-site staff financial people will love, but also asset managers and owners.

WSI System Design
Distributed Systems Design Philosophy - WSI places computers at the property where they are closer to the real work. WSI System Design includes real time utilities consumption management, reporting, and leak detection.
Full 2-Way Communications - Both our radio and wire systems communicate to and from the controlling electronics. WSI has the ability to repoll and verify unusual readings, turn water and electricity on and off remotely, interface with main meters, and much, much more.

RESULT - A system designed specifically for the needs of your property - Not the "one size fits all" approach of our competition.

WSI Maintenance
Cross Trained Technicians - The maintenance staff at WSI can service and repair any part of your WSI system. In most cases we are also certified to repair competitors' meters.
Real Time Diagnostics - Our distributed systems report signals weak components before they become problems.

RESULT - Trouble-free, no hassle operations for your property management team.WSI Performance Guarantee - Who besides WSI guarantees 99+% reading reliability, day in and day out, and backs it up with real financial compensation if we don't deliver!

"IT'S NOT ENOUGH TO BE THE BEST OF THE BEST. YOU MUST DO WHAT OTHERS DO NOT DO!" This is the Water Systems motto.
Although we haven't been able to examine all the products of all the companies which claim to be submetering providers, we have checked out more than twenty such firms. Based on what we have seen, the features, functions, and technical talent highlighted in RED above are Water Systems exclusives.

If you don't take the time to learn about our WS2000, you will never know what these differences mean to you. Call Water Systems at (800) 679-2837. You will be glad you did.

For More Information Contact:
Water Systems, Inc.
110 Space Park South - Nashville, TN 37211
Tel: (615) 627-1965
FAX: (615) 627-1981
Internet: info@watersystems.com

WS2000 Installation Overview
Water Systems offers a variety of submetering systems from the most simple manually read meter to the most sophisticated computer-based reading and monitoring network. Water Systems also provides great prices and great services to back them up. Our flagship system is the WS2000 which can create real value at almost any property: large or small, old or new.

WSI's unique system performs valuable functions not available from any known competitor. A description of the WS2000 follows. Read it, copy it, discuss it with others. In the final analysis, we believe you will be very impressed.

Purpose
The purpose of this document is to outline the components of the WS2000 utility management system and to give a brief description of how those components work together. The WS2000 is a family of electronics and powerful software which may be configured to meet the demands of almost any utility management task, including submetering. From the most simple digital counting function (such as measuring water consumption), to the most demanding configuration (which may include digital and/or analog counters, timers, current monitors, temperature sensors, and many other data point monitors), the WS2000 is the most advanced utility management system available today.

Versatile
The WS2000 has the ability to interface with many third party devices such as water meters, electric meters, gas meters, etc. In the case of water, the system records consumption hourly and constantly analyzes this data for leaks as small as one gallon per hour.

The WS2000 also monitors devices such as electronic relays attached to compressors, HVAC fans, etc. in order to allocate utility costs by time of use or by other such calculation as desired. The WS2000 also controls devices such as water shut off valves and electrical contactors.

The WS2000 has the ability to control utility services remotely, from anywhere, through telephone access by computer. The possibilities are endless! With this in mind, the scope of this document has been limited to the installation of digital electronics which monitor water meters on a multi-family property.

Information regarding wire types, radio frequencies and other specifics are detailed on other specification sheets or drawings. For specific information concerning installation, please contact our office at (800) 679-2837.

The Need
For owners of apartments, condominiums, office buildings, and retail centers, WATER is no longer an inexpensive commodity.

Residents and tenants view water as "free" and it holds little value in their minds. This has resulted in excessive use and wasteful practices. Long showers, ignoring dripping faucets or showers, not reporting faulty flapper valves, thawing food with running water, etc. are examples of abuses of "free water" privileges. Water and sewer costs are increasing every year and owners are paying heavily for these wasteful habits of the residents/tenants.

To make the problem worse, most properties have wide-spread leaks in mains, common areas and units which are going undetected month after month.

In the last decade, water/sewer rates increased at 2 to 3 times the rate of inflation nationwide. There is no indication this trend will stop soon.

Skyrocketing water rates combined with leaks and unmanageable use are negatively affecting Net Operating Income at your property! The cost of water/sewer must become the responsibility of the consumer. The WS2000 from Water Systems, Inc. is the product to end this financial drain on your property.

Purchase and Lease Plans
WATER SYSTEMS, INC. (WSI) offers many flexible ways to acquire the WS2000 system. A few are outlined below. We will work with you and our financial partners to design the financing plan which best fits your needs.

SIMPLE PURCHASE (NO WSI FINANCING)
Net thirty upon completion of installation. For new construction, we use traditional draw payments. For most properties no deposit is required.

LEASES
Variable terms, 3 to 5 years, full pay out or purchase option. Buy outs on annual dates.

BILLING FEE BASED RENTAL
Monthly rental included as part of billing fee. Minimum initial rental period with 30-day cancellation for non-performance or property sale.

For More Information Contact:
Water Systems, Inc.
110 Space Park South - Nashville, TN 37211
Tel: (615) 627-1965
FAX: (615) 627-1981
Internet: info@watersystems.com

Water Systems, Inc Products and Services
WS2000 MONITOR SOFTWARE PROACTIVE
Written by property management professionals for property management professionals, Monitor Software Proactive equipment assures virtually perfect (99.9%) metering reliability. Monitoring Software Proactive reports consumption variances which may lead to the discovery of leaks in water heaters, washers, line breaks, etc. The software also facilitates proactive maintenance by early warning on small leaks due to faulty flapper valves, dripping faucets and showers, etc. It compares the reading of the property master meter to aggregated unit and/or building meters to detect breaks in mains. Monitoring Software Proactive also detects and reports abnormal consumption of power and/or natural gas. Its most distinguishing characteristic is an hourly database of consumption for each unit. This database provides useful information to Customer Care Representatives at Utility Billing Services as they assist and collect amounts due from residents. The Monitoring Software Proactive has proven to facilitate superior collection success. It recognizes electronic data streams from virtually any electronic device or software (ASCII, Access, Dbase, SQL, Btrieve, etc.,) Monitoring Software Proactive provides Full Service Reads as well as software to Bill and Collect with versatile reporting functions for property and asset management.

WS2000 PROPRIETARY HARDWARE
The electronics designed by WSI were created specifically for submetering. They have proven efficient in conditions such as heat, cold, rain, and lightning. WSI possesses Patented Patrick Meter Technology Economical AMR for mains which are less than one half the cost of other meters for larger water lines. WSI makes property-wide leak detection financially attractive. The versatile use and application spans a wide variety of pipe sizes in order to make submetering practical; even in apartments with more than one water supply.

WS2000 REMOTE TURN ON AND TURN OFF
Computer controlled valves and switches Automate shut off for large leaks, Ease utility service Activation or Deactivation (move-in's and move-out's), and Enhance the effectiveness of collections

SUPERIOR RESIDENT/TENANT SERVICES RESOLVE BILLING ISSUES
Toll-free call centers staffed with bilingual professionals (English & Spanish.)

UTILITY SERVICES OF AMERICA RESEARCH
Research concerning specific regulatory issues/actions involving utilities is provided at no cost to WSI clients. Industry research is also available to assist in establishing reliable accurate data for losses and damage due to leaks. Other incentives relate to Price and Tax advantages.

NATIONWIDE MAINTENANCE SERVICES
WSI's staff is certified on the equipment of all major suppliers (meters, valves, etc.) Most states allow for the disconnection of services for nonpayment. Our staff can help to determine regulations which apply at specific properties.