Chinese partner Fenjin places order worth over USD 500k with IntelliSAW

Andover, MA, US - IntelliSAW, a leading provider of next generation wireless sensor systems for smart grid applications announced today that it has received an order worth in excess of USD 500K, which is expected to be placed on a call-off basis over the next 12 months, from its Chinese strategic partner Wuhan Fenjin Electric Power Technology Co., Ltd ('Fenjin') for its innovative wireless/passive electrical switchgear temperature monitoring system. This order represents the first step in driving mass adoption of IntelliSAW's proprietary technology within China's high growth Smart Grid market.

Fenjin is a supplier of critical test, control, and monitoring equipment for the electric power industry. Fenjin's twenty years of experience in the power industry has established it as a leading provider within the market.

Access to IntelliSAW's unique electrical switchgear temperature monitoring system will allow Fenjin to expand its portfolio of services into the Smart Grid arena where IntelliSAW's technology provides real-time, continuous monitoring of mission-critical electric power substation switchgear.

Mr Jacky Huang, Vice General Manager and Director of R&D department for Fenjin, commented "We have been pleased with the performance of the IntelliSAW IS485 system during recent testing. Surface Acoustic Wave (SAW), technology represents a major breakthrough compared to currently available temperature monitoring systems in key areas such as scalability, flexibility in configuration, and ease of installation and commissioning. There is immense pressure being put upon the Chinese power grid as heavy industry places increasing demands on existing infrastructure. Use of the IntelliSAW system allows vital information on the performance and health of this infrastructure to be monitored in real-time, allowing efficiency improvements in power transmission as well as increases in both switchgear reliability and installation safety. We believe that, as market awareness of the IS485 system's abilities grows, it will become an industry leading solution."

Tom Cunneen, CEO of IntelliSAW, commented, "We are delighted that following successful trials Fenjin has now ordered its first significant batch of systems. Fenjin was selected as a strategic partner in the region due to its significant position within the Chinese power industry and extensive customer base and we look forward to further commercial successes with its customers as the relationship develops."

About Wuhan Fenjin Electric Power Technology Co., Ltd.

Wuhan Fenjin Electric Power Technology Co., Ltd was established in Wuhan in 1993, located on the shore of East Lake in Wuhan Optics Valley, China. It specialises in providing electric power system automation and electrical safety solutions to protect high-tech enterprises. It is currently involved in 863 joint venture projects and the National Electric Standardisation Technical Committee Operating Unit.

www.fenjin.com

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