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Non-Tech : Emerson (EMR)
EMR 135.310.0%Dec 30 3:59 PM EST

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To: JakeStraw who wrote (7)6/5/2002 8:53:39 AM
From: JakeStraw  Read Replies (1) of 105
 
Emerson Receives $33 Million In Orders For Vital U.S. Military Communications System
Emerson Network Power to provide its reliable power technology as part of largest federal IT contract in history
biz.yahoo.com
ST. LOUIS--(BUSINESS WIRE)--June 5, 2002-- Emerson (NYSE:EMR) today announced its Emerson Network Power business has been awarded a series of orders totaling more than $33 million for reliable power technology to upgrade and protect the intranet network serving 300 U.S. Navy and Marine Corps bases throughout the United States, Iceland, Puerto Rico, Guam, and Guantanamo Bay, Cuba.

The orders are part of a $6.9 billion program to upgrade the Navy and Marine Corps Intranet system - the largest federal information technology contract in history. The project is being managed by Dallas-based EDS (NYSE:EDS - News).

"We're excited that Emerson will be a part of the team providing solutions for the Navy and Marine Corps' network infrastructure to greatly improve communications for the benefit of our country," said Emerson President James G. Berges, who also heads up the network power business. "This is further evidence of our leadership in providing the technology and support to assure reliable power and maximum performance for mission-critical enterprises across industries, including military installations."

Through its Liebert subsidiary, Emerson Network Power will provide infrastructure support for the Navy and Marine Corps' server farms and remote sites, including special temperature control systems, uninterruptible power supply systems, network monitoring, and support services.

The Emerson technology is incorporated into portable computer enclosures that maintain temperature control and power conditioning to protect and monitor network systems vital to Navy and Marine Corps installations here and overseas.

The overhaul is designed to upgrade and standardize the Department of the Navy's network technology used to support its Intranet communications. In addition to ensuring greater efficiencies for Navy and Marine Corps personnel, the overhaul also is expected to cut the federal government's operating and maintenance costs in half.
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