John, thanks for the latest release....
UNITEC INTERNATIONAL CONTROLS CORP - Ships First Distribution Automation
SCADA System [329]
Canadian Market News from Market News Publishing, Wednesday, July 08, 1998 at 00:28
(Published on Tuesday, July 07, 1998 at 09:23)
John B. Smyth, President and Director of Unitec is pleased to announce
the shipment of its first complete Distribution Automation system for the
electrical utility market. Valued at approximately $600,000, this is the
first of seven shipments with a total value of $4.2 million for Empressa
Emec of La Serina, Chile. The balance of the order will be shipped over the
next 15 months.
This shipment followed three weeks of successful factory acceptance
testing and training of four EMEC engineers at the Company's Burnaby
facility. During their stay, the EMEC engineers discussed expanding the
scope of the project which could significantly increase the value of the
contract.
The system consists of a Master Station with Hot Standby host
computers, radio communications processors, substation RTUs and Pole Top
RTUs. Previously, Unitec had provided only RTUs and Front End Processors
for the electrical SCADA market to allow its customers to expand systems
manufactured by other vendors. This is a significant milestone in the
Company's maturing as a "turnkey" solution provider for DA/DSM
(Distribution Automation and Demand Side Management) in the electricity
field.
The Company's product mix is currently evenly split between the
Electricity, Water and Oil & Gas sectors providing an opportunity for
continued dramatic growth.
For further information or to obtain a current Fact Sheet, please
contact Howard Jampolsky, or Tina Hoogeveen at (604) 420-8025 or email
adminuic@unitec.ca. Updated product, corporate or trading information may
be accessed on Unitec's Internet Homepage at: unitec.ca.
TEL: (604) 420-8025 John B. Smyth, President and Director
FAX: (604) 420-9727
(c) 1998 Market News Publishing Inc. All rights reserved.
Tel:(604) 689-1101 Fax:(604) 689-1106
RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041.
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