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Cannon Technologies Announces Partnership with Sensus Metering Systems

Golden Valley, MN, September 3 , 2004 – Cannon Technologies, Inc. and Sensus Metering Systems announce a formal partnership agreement for supply of the award-winning Sensus iCon solid-state meter, to be manufactured with an integrated two-way transponder for the EMETCON™ power line carrier-based fixed network. Cannon Technologies’ iCon-based MCT 410iL brings an expanded and unmatched feature set to the fastest PLC fixed network on the market.

The EMETCON AMR solution offers fast, cost-effective metering communication, plus distribution automation and load management, over a single, proven power line carrier system.

In this fourth-generation MCT 410 Series design, the iCon single-phase meter, renowned for accuracy and a smart two-board design, contains a completely new transponder board from Cannon Technologies. The combination provides superior accuracy, 150 days of on-board load profile, 7 days of 5-minute voltage profile, power interruption monitoring with time, date, and duration stamp, voltage threshold alerts, time-stamped peak demands, advanced TOU with remote programming and critical peak capability, freeze registers for both energy and voltage, and more.

“We are pleased that the culmination of our joint development effort with Sensus has gone so smoothly that we are now able to announce full production for the new device,” said Bill Simons, Cannon Technologies’ Director of AMR Systems. “With over 250 EMETCON systems in place, the new features of the 410 meter provide great new reasons for many existing clients to expand to full rollout. Customers have indicated tremendous excitement over the new product with a strong flow of new orders. Add the strong potential for new sales, and the partnership becomes a great business decision for both of our companies”.

“Our customers requested EMETCON compatibility with the iCon meter, and we were delighted to work with Cannon Technologies to deliver the solution,” says Doug McCall, Director, Marketing and Sales for Sensus Metering Systems. “We are pleased to be able to further expand the iCon product line to add another quality PLC solution.The Cannon engineers have developed a comprehensive feature set with the new EMETCON-based technology that will provide great value to our customers. We look forward to a close and successful partnership.”

About Sensus Metering Systems Inc.
The Sensus Metering Systems companies are leading world-class providers of high-value metering and Automatic Meter Reading (AMR) solutions for water, gas, electric, and heat utilities as well as sub-metering entities worldwide. Additional linked businesses include Smith-Blair, Inc. a leading provider of pipe clamp & coupling products for the water, gas, and industrial markets; Sensus Precision Die Casting that produces superior quality die castings; and IMSofTech, a provider of utility billing and enterprise management software. For more information, please visit the company's web site at www.sensus.com.

About Cannon Technologies
Cannon Technologies was founded in 1987 to deliver software for load management and automated distribution to electric utilities. Today, Cannon Technologies’ customers include nearly 400 electric utilities in nearly every US State. Our systems are used by many of the country’s largest utilities to manage peak load, improve system power factor and improve substation reliability. We have systems at utilities of all sizes and have a staff of seasoned professionals who are expert in the field of power systems, metering and energy management. For more information, please visit www.cannontech.com.

For more information contact:
info@cannontech.com or
Bill Simons
Cannon Technologies, Inc.
8301 Golden Valley Road, Suite 300
Golden Valley, MN 55427
763-253-5503


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