Cannon Technologies Selected by TXU Electric Delivery to Provide System Wide Power Factor Management

Minneapolis, MN, June 13, 2005 — Cannon Technologies, Inc. announced today that a contract has been signed with TXU Electric Delivery to execute a multi-year, multi-phased project to implement a real-time power factor management system across TXU’s distribution system. The TXU project will incorporate Cannon CBC7000 controllers at several thousand switched banks, Yukon™ capacitor management software, real-time integration to TXU’s PI database, and company wide browser-based access to information. The TXU system will be designed to center on improved operations and maintenance—improved power quality, reliability, and reduced line congestion—resulting in optimized power factor.

At the heart of the system design will be Cannon Technologies’ CBC7000 communicating capacitor controllers—which allow one-way, two-way, and local control options for all switched banks. The CBC7000 capacitor bank controller has interchangeable SelectComm™ communication modules—communication flexibility is very important in centralized intelligence architecture—to ensure update capabilities for the future. The CBC7000 also features an ability to fall back to local control if communication paths would fail for any reason.

About Cannon Technologies, Inc.
Privately held Cannon Technologies, Inc. was founded in 1987 to deliver load management and automated distribution solutions to electric utilities. Today Cannon customers include nearly 400 electric utilities across North America and Hawaii. Utilities of all sizes apply Cannon solutions to manage peak load, improve system power factor, read meters remotely, and improve substation reliability. Cannon's support team is comprised of seasoned professionals, expert in the field of power systems, metering and energy management. For more information, please visit www.cannontech.com.

About TXU Electric Delivery.
TXU Electric Delivery Company, a subsidiary of TXU Corp., operates the largest distribution and transmission system in Texas, providing power to approximately three million electric delivery points over more than 100,000 miles of distribution and 14,000 miles of transmission lines. For more information, please visit www.txuelectricdelivery.com.

Media Contact
Jules Layer
Strategic Marketing Manager—North America
Cannon Technologies, Inc.
763.253.5507 :: Direct
jlayer@cannontech.com :: e-Mail