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Cannon Technologies chosen by CP&L to provide first commercial paging Capacitor Bank Controllers

July 15, 1998, Minneapolis, Minn.-Cannon Technologies, Inc. of Wayzata, Minn. announced today that they have been chosen by Carolina Power & Light (CP&L) of Raleigh, N.C. to deliver 1,400 commercial paging Capacitor Bank Controllers (CBC). This new technology will allow CP&L to remotely control capacitor banks using commercial paging technology as the primary communications medium.

Cannon Technologies' president and founder, Ed Cannon, had this to say about receiving the order: "This is another example of how Cannon Technologies is offering innovative products for electric utility automation," said Cannon. "We're thrilled to be chosen by CP&L, whose reputation for innovation and customer service is well known."

Capacitor bank control has existed for many years using a variety of communications mediums (VHF radio, powerline carrier, FM/SCA) to send and receive the messages, however this is one of the first and largest orders in the electric utility industry for commercial paging CBC's.

CP&L provides electricity and energy services to more than 1.1 million customers in a 30,000-square-mile service area including much of central and southeastern North Carolina, the Asheville, N.C. area and northeastern South Carolina.

Cannon Technologies is a privately held company founded in 1987 specializing in the development of software and systems for electric utility remote metering, substation automation and load management. In addition to capacitor bank controllers, Cannon Technologies also manufactures 1-way and 2-way automatic meter reading (AMR) and load management systems, and has the most widely used master station software in the industry, DSM/2.

Cannon Technologies has also developed the Substation Advisor®, an automation system for substations that includes equipment sensors, trending applications for predictive maintenance, and interfaces to many existing SCADA (Supervisory Control And Data Acquisition) systems. Cannon Technologies presently has over 240 electric utilities worldwide using its products. Based in Wayzata, Minn., Cannon Technologies also has branch offices in Iowa, Nebraska, 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


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