CHK Wireless: CHK Can Identify Sabotage to Power Grids.Business Editors DENVER, Colo.--(BUSINESS WIRE)--Sept. 27, 2001 CHK CHK Check CHK CHKDSK (File Name Extension) CHK Chuuk, Caroline Islands, Micronesia (airport code) CHK Check File Wireless Technologies Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :CHK.) ("CHK" or the "Company") is pleased to report that its GLOMES/Tracker technology, described as "the eyes and ears of the network", has the ability to detect and report instantly the location of significant vandalism or interference on the grid it monitors. Given the events of the past few weeks, the security of Power Grids is now an important issue. CHK's LINEtracker LT40 has the ability to identify and pinpoint all faults, but particularly self clearing faults that could be a first sign of tampering or vandalism on the utilities' networks, prior to permanent outages. No other device currently available can provide this data on the utilities' distribution networks, cost effectively. CHK is currently conducting trials of its technology at several North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. utilities, including PacifiCorp, Florida Power & Light, Duke Power, Hydro One, Alliant Energy, and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State Electricity & Gas. By installing CHK's low cost, smart LINEtrackers to any part of the network, its quality and reliability is significantly enhanced and all "events" or disturbances are immediately reported and located at the control room. CHK, a Sydney based company, develops & supplies unique monitoring systems for the electricity supply industry. CHK is a recognized expert in reliability & quality of electricity supply, a rapidly growing market area due to competition created by world wide utility deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned . CHK holds a number of patents on its proprietary technologies including REMMIT used to measure electrical current at low cost on transmission grids, Tracker, a distribution network fault, current, voltage logging device, UNIsense, used in Tracker and as a single stand alone device to measure electrical current from 0 to 25,000A, plus GLOMES, which monitors all CHK's sensors. These technologies are utilized in CHK's Power Quality sensor products and marketed to utilities worldwide. GLOMES is particularly important, because it links CHK's technologies to provide a complete network overview at the control room or over the Internet for any utility via radio, satellites, mobile or landline phones. GLOMES/Tracker has the potential to introduce SCADA (Supervisory Control And Data Acquisition) A process control application that collects data from sensors and machines on the shop floor or in remote locations and sends them to a central computer for management and control. and automation down to the network feeder level, previously affordable only at substations from which feeders (the major network component) emanate. This is a long desired goal of Utilities. CHK has also become a GE Smallworld Business Partner to seamlessly integrate GLOMES with GE Smallworld's control room GIS systems, currently used by many utilities worldwide. On behalf of the Board of Directors of CHK Wireless Technologies Inc.: Douglas A. Horne, Director The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. |
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