20 May 2010

09-09-2002 – Invensys and INVAP Form Alliance That Will Support Digital Upgrades and Control Retrofit Programs in the Nuclear Power Industry: Products and services from both companies will meet anticipated high demand for capital retrofits at Nuclear Power plants.

Foxboro, Massachusetts, USA – September 09, 2002 – Invensys Production Management, a world-leader in resource productivity and a division of Invensys plc, has formed an alliance with INVAP, S.E. of Argentina, a leading supplier of turn-key nuclear research reactors. The two companies will provide a deep base of nuclear systems engineering resources and products that will support an expected increase in demand for digital upgrades and control retrofit programs in the nuclear power sector.

“We have made a significant investment in our I/A Series System and Triconex product lines to meet the unique needs of our Nuclear customers and our alliance with INVAP significantly enhances the services and project execution capabilities we can provide,” said Leo Quinn, chief operating officer, Invensys Production Management.

Invensys has an installed base of control systems in more than 130 nuclear power generation plants. Customers are using either the I/A Series System, the first open control system when it was introduced in 1987 and now still a leader in technology and reliability; or the Triconex systems, world-renowned for providing industrial safety and critical control applications. Last year Triconex received a Safety Evaluation Report (SER) from the U.S. Nuclear Regulatory Commission for 1E applications of its TRICON TMR product.

“Our alliance brings together the best control technology available and top-notch, complex systems integration skills that will help our customers operate safer and more competitive plants,” said Hector Otheguy, INVAP CEO.

INVAP, headquartered in Bariloche, Argentina, is an experienced supplier of research reactors. The control requirements for their most recent project for ANSTO, an Australian nuclear research reactor, was fulfilled with an all-Invensys solution featuring a combination of I/A and Triconex systems covering the protection systems, reactor control and monitoring.

“Our customer-supplier relationship on this successful project led to discussions between us on how to extend that relationship and this alliance is a natural extension,” said Carlos Ricci, Invensys country manager for Argentina.

Invensys is currently supplying the control systems for the Lungmen advanced nuclear reactor technology in Taiwan. “We are extremely proud of our sustained, 25 years of support to nuclear customers with our Spec-200 product line,” said Tracey Sledge, vice president and general manager, Triconex. “Offering qualified commercial products for use in 1E applications demonstrates our continued commitment to this important sector of the power generation industry.”

Acerca de INVENSYS Invensys plc, the international production technology and energy management group, specializes in helping companies to improve efficiency, performance and profitability. Invensys is headquartered in London, England.

Our Production Management businesses work closely with customers in order to drive up performance of their production assets and maximize the return on investments in product technologies. The division includes Foxboro, Wonderware, Triconex, APV, Eurotherm, Simulation Sciences, Esscor, Avantis, and Baan and it addresses the oil, gas, and chemicals; food beverage and personal healthcare; and discrete and hybrid manufacturing sectors.

Our Energy Management businesses actively work with clients involved in both the supply and consumption of energy, developing systems using innovative technologies that improve the reliability and security of power supplies. The division includes Energy Solutions, Metering Systems, Home, Appliance and Climate Controls and Power Systems and focuses on markets connected with power and energy infrastructure and commercial and residential buildings. For additional information, go to: www.invensys.com

Acerca de INVAP INVAP, a technology development company headquartered in Bariloche, Argentina, is one of the world’s leading suppliers of turn-key nuclear research reactors and other nuclear facilities. It is the only company in Latin America that develops complete remote sensing space missions that meet NASA standards. INVAP also deals with nuclear medicine equipment, plus customer designed equipment and services for oil and gas, and industrial applications.

INVAP works in integrated teams with its clients to design and build advanced, custom-made products and facilities, which comply with the highest standards of safety, reliability and availability required in the nuclear, aerospace, medical and product industries. INVAP leads projects worldwide, with offices and subsidiaries in Argentina, Australia, Brazil, Egypt and the United States.For additional information, go to: www.invap.com.ar