Cannon Technologies chosen by Xcel Energy to provide enterprise wide system for load control and curtailment

4/17/2001 Minneapolis, Minn.- Cannon Technologies, Inc. of Wayzata, Minn. has been chosen by Xcel Energy (formerly Northern States Power, Minneapolis and New Centuries Energy of Denver) to deliver over $3 million in load management devices and advanced load management and web based curtailment notification software in 2001.

With the order, Xcel is adopting both Cannon's LCR5000 nationwide paging load control device and its Yukon™ software platform for many retail energy management functions. Both products are designed and built by Cannon, an established leader in energy management.

The system will be used to collect data directly from a wide variety of revenue meters, publish metering data and curtailment offers, provide load control services for customer loads and allow customers to directly control their own loads via the Web.

Cannon Technologies' president and founder, Ed Cannon, had this to say about receiving the order: "We've spent several years developing a platform solution that enables a utility to provide customer monitoring and control services and thus leverage distribution assets. The addition of web based communications makes our solution a powerful tool for the entire enterprise," said Cannon, "We're pleased that a leader such as Xcel Energy has selected our technology to replace competitive systems."

Ralph Dickinson, Senior Product Developer for Xcel Energy said, "The Cannon system is an ideal fit for us, the paging load control receiver offers us excellent communications performance and the Cannon software combines our customer energy management functions into a single platform". Xcel Energy provides electricity, gas and energy services to twelve states from Wisconsin to Colorado to Texas.

Cannon Technologies is a privately held firm founded in 1987 specializing in the development of software and systems for electric utility remote metering, substation automation and load management. The company is proud of its record of strong customer satisfaction, 12 consecutive years of profitability and steady growth.
Cannon presently has nearly 300 electric utilities worldwide using its products. Based in Wayzata, Minn., Cannon also has branch offices in Iowa, Nebraska, Kansas, North Dakota and Texas.

For more information contact:
Jim Losleben
Director of Business Development
Cannon Technologies, Inc.
1212 E. Wayzata Blvd.
Wayzata, MN 55391
jim@cannontech.com
651.686.9547