Comverge Technologies to Supply Advanced Load Management Software and Hardware to Public Service Colorado.Business Editors & High-Tech Writers FLORHAM PARK, N.J.--(BUSINESS WIRE)--April 25, 2000 Comverge Technologies, a subsidiary of Data Systems & Software Inc. (Nasdaq:DSSI DSSI Diversified Scientific Services, Inc. DSSI Digital Storage Systems Interconnect DSSI Dead Sea Scrolls Institute (Trinity Western University, Canada) DSSI Digital Small Storage Interconnect ) today announced that it will supply advanced load management software and hardware to Public Service Company of Colorado (PSCo). Comverge will deliver the Load Management Software (LMS) and the wireless digital control units (DCU's) before the summer. PSCo will provide the units to its customers without cost and will offer rebates in exchange for the ability to cycle central air conditioners during peak electric demand. The units are equipped with a special algorithm that adapts to the previous hours' cycling and reduces the units run time proportionately. This ensures all customer loads are cycled at the same level. This technique provides equitable load reduction among customers and increased energy capacity to the utility. Joseph J. Petraglia, DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. Program and Contract Specialist at Public Service Company of Colorado stated, "With the high load growth we are experiencing we needed to take action to ensure we meet our customers' needs for quality electrical service Electrical service, in building wiring, refers to the wiring that connects the electric utility's cables in the street to the building. Specifically, electrical service is the wiring from the street, through the meter and up to the panelboard, but no farther. . Demand Side Management is one of several solutions PSCo is deploying as part of its overall Integrated Resource Plan to meet the load growth. Load Management provides an economical, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] way to solve our load growth challenge without inconvenience to our customers. Comverge Technologies provided the means to help us reach our goal." Frank Magnotti, President of Comverge stated, "We are pleased to welcome PSCo as a new customer and to assist them in providing quality electrical service to customers. They will be deploying a state-of-the-art software suite including head-end control software and cycling units with embedded advanced logic." Comverge Technologies, a subsidiary of Data Systems & Software Inc. (Nasdaq:DSSI), is a global, data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. and controls company that provides product solutions to over 400 energy companies worldwide. Comverge provides end-to-end, two-way communication Two-way communication is a form of transmission in which both parties involved transmit information. Common forms of two-way communication are:
(company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). of computer hardware. Public Service Company of Colorado is a subsidiary of New Century Energies, which has operating revenues of more than $3.6 billion and serves approximately 1.6 million electricity customers and more than a million natural gas customers in Colorado, Texas, New Mexico, Wyoming, Kansas and Oklahoma. It is in the process of merging with Minneapolis-based Northern States Power Company Northern States Power Company (formerly NYSE: NSP) was a publicly-traded S&P 500 electric and natural gas utility holding company based in Minneapolis, Minnesota that is now a subsidiary of Xcel Energy (NYSE: XEL). , which should be completed sometime in 2000. The merged company will be renamed Xcel Energy. This press release includes forward-looking statements that are subject to risks and uncertainties. Actual results may vary from those projected or implied by forward-looking statements. A more complete discussion of the risks and uncertainties that may affect the accuracy of these statements and Comverge's business generally, is included in "Business Factors Which May Affect Future Results" in DSSI's most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , as filed by DSSI with the Securities and Exchange Commissions. |
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