MARS Company Launches New Purchase Protection Upgrade Program

OCALA, Fla., Nov. 27, 2018 /PRNewswire/ -- MARS Company, a global leader in water meter testing and technology solutions, announced today that it has launched a new Test Bench System Purchase Protection Upgrade Program that enables customers to protect their existing test bench and software purchase1 and use it towards the cost of upgrading to a more advanced solution or increasing capacity of an existing system.

The investment / purchase price for a new upgraded test bench system is the difference between (i) the cost of the new upgraded test bench system and, (ii) the test bench hardware & software license fees and equipment costs already paid within the previous twenty-four (24) months. Equipment maintenance and software license fee payments going forward will be based on the new upgraded solution. For example, if a customer purchased a MARS Series 3-500 test bench system 18 months ago and wanted to upgrade to a more advanced MARS Series 2400 test bench system, the full purchase price of the initial Series 100 system would be applied towards the cost of the new upgraded Series 2400 system.

"MARS Company is proud of our industry leadership position as further evidenced by this groundbreaking Purchase Protection Upgrade Program. MARS Company continues to drive product and industry leadership through upgradeable systems that protect our customers' equipment and software investment," said Dave Corey, CEO at MARS Company.

Please contact PurchaseProtectionUpgradeProgram@marswater.com for purchase protection upgrade program details and a customized quote for upgrading or expanding your test bench system.

MARS Company will be exhibiting at AWWA Florida Conference, November 26-29 in Orlando, Florida at booth #417/419. For more information about MARS Company and its products and services, please visit www.MARSwater.com.

(1)Test bench hardware & software license fees and test bench equipment costs already paid within the previous twenty-four (24) months

About MARS Company

MARS Company is a global leader in water meter testing and technology solutions. With more than 30 years of experience assisting municipal and private utilities throughout the world, MARS has a long track record of success. MARS core business and expertise include patented water meter testing systems & software technology and water system specialty products. Innovative thinking allows MARS to leverage its unique, proprietary technology, patent positioning, manufacturing infrastructure and world-class management strength, to further position itself as the leader in the water industry.

CONTACT: Mike Mastic, Vice President Test Bench Systems; Tel: (352) 414-7690; 205596@email4pr.com

This press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause MARS Company's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. MARS Company assumes no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the water industry, and changes in domestic and international market conditions, and foreign exchange rates.

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SOURCE MARS Company