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Cannon Technologies selects Jim Losleben to be National Sales Manager

August 12, 1998, Minneapolis, MN.- Cannon Technologies, Inc. of Wayzata, Minn. announced today that it has hired Jim Losleben to become its National Sales Manager. The move comes as a result of increased interest and sales in Cannon Technologies' load control, substation automation, and automated distribution equipment.

"Jim brings with him more than 30 years of experience in the utility industry, and his enthusiasm, creativity, and concern for customer and employee satisfaction made him our first choice," said Cannon Technologies' president Ed Cannon. "We look forward to having Jim help us continue to manage our growth and develop new opportunities for our expanding product line."

Mr. Losleben previously spent 4 years as the National Sales Manager for Superconductivity of Madison, WI, the world's leading producer of pulsed superconducting magnets that deliver energy in milliseconds. Prior to joining Superconductivity, Mr. Losleben also served in management positions at ESCA Corporation, and Brown Boveri, Inc. He has also been a member for 25 years in the Industrial Electronics & Electrical Engineering (IEEE) Association.

"Joining Cannon Technologies is like coming home," said Losleben. "I've always had great respect for the Cannon boys-Ed, Joel, & Mike-they are great innovators, and straight shooters. I'm excited about working with them to continue to grow the business and keep pace with customers' needs."

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. Cannon Technologies also manufactures 1-way and 2-way automatic meter reading (AMR) and load management systems, and has the most widely used load management 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. The Substation Advisor® was the subject of a front-page story in the July issue of the quarterly GE/Harris publication, Synergy News, highlighting a recent installation at Minnesota Power and the Advisor's ability to interface with the GE/Harris D-20 RTU. 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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