In 1983, Spescom International Incorporated was established in Irvine, California by Gary Smith, a senior founding member of Spescom. The objectives of this international arm of the company were to maintain technical links with the company's suppliers as well as to provide international marketing for products developed by Spescom. The company listed on the Johannesburg Stock Exchange on 4 June 1987. In September 1990 the company developed and introduced the world's first keypad prepayment electricity meter, Cashpower 2000, to South Africa. The device was licensed by meter manufacturers worldwide. In 1993, Spescom won its first major international tender for prepayment meters in Brazil. These meters are now sold in over thirty-five countries worldwide.