Cora Carmody, Invensys CIO Honored as a Leader in Information Technology by Computerworld Magazine.

Business Editors/Hi-Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--Feb. 26, 2002

Carmody Recognized For Employing Information Technology To Help

Invensys Meet Its Business Goals

Invensys today announced that Cora Carmody, vice president and chief information officer, Invensys Production Management Division, has been recognized by IDG's Computerworld, an information services company for the IT leader community, as one of the business world's Premier 100 IT Leaders.

The award honors individuals who have had a positive impact on their organizations through technology.

Now in its third year, the Premier 100 IT Leaders award recognized Carmody for her leadership in information technology. She is helping Invensys to implement common business processes and systems across its worldwide enterprise under an Invensys effort called Project Unity.

She will be honored at the Computerworld Premier 100 IT Leaders Conference, March 3-5, 2002 at The Marriott Desert Springs Resort, Palm Desert, Calif.

Project Unity involves the construction of an information highway, using a standards-based approach, centered on Baan integration technologies. It is critical to helping Invensys meet its business goals and is viewed as one of the key efforts to enhance service to customers.

Project Unity is a major business transformation project that will allow Invensys to be more competitive and to share data about customers, products and suppliers across the entire company, in a unified format.

Carmody was selected from hundreds of nominees based on those leaders who most closely matched Computerworld's Leadership Index, a set of characteristics that describes business and technology people who guide the effective use of IT in their organizations.

Other award winners include leading IT executives from corporations such as The Bank of New York, Hewlett Packard, Staples, FedEx Corporation and Walt Disney World.

"Computerworld's annual Premier 100 IT Leaders list honors individuals who display exceptional technology leadership in their organizations," said Maryfran Johnson, editor in chief, Computerworld. "The honorees for 2002 join an elite class of innovative thinkers dedicated to solving business problems through creativity and effectively managed IT strategies."

Carmody joined Invensys in April 2001 and prior to that she was vice president and chief information officer at Litton PRC. Her organization at PRC was recognized as #21 in Computerworld's List of Top 100 places to work in IT for 2000.

Prior to becoming CIO at Litton in 1996, she was the director of PRC's Software Engineering Core Competency, leading PRC's transformation to a Software Engineering Institute CMM level five organization. Cora joined PRC in 1978 as a designer and progressed through a succession of technology and leadership roles with increasing responsibilities.

Carmody has a B.A. and M.A. in Mathematics from Johns Hopkins University and an M.S. in Computer Science from Farleigh Dickinson University. She lives in Oak Hill, Virginia with her husband and four children.

The complete list of Premier 100 IT Leaders can be found in the January 1, 2002 issue of Computerworld and online at www.computerworld.com. The issue includes extensive feature articles summarizing the challenges IT Leaders expect to face in the coming year including CRM, next-generation desktops, ROI and Security.

About Invensys plc:

Invensys plc, the international production technology and energy management group, specializes in helping companies to improve efficiency, performance and profitability. With close to 76,000 employees, Invensys is headquartered in London, England.

Our Production Management businesses work closely with customers in order to drive up performance of their production assets and maximize the return on investments in product technologies. The division includes Foxboro, Wonderware, Triconex, APV, Eurotherm and Baan and it addresses the oil, gas, and chemicals; food beverage and personal healthcare; and discrete and hybrid manufacturing sectors.

Our Energy Management businesses actively work with clients involved in both the supply and consumption of energy, developing systems using innovative technologies that improve the reliability and security of power supplies.

The division includes Energy Solutions, Metering Systems, Appliance and Climate Controls and Power Systems and focuses on markets connected with power and energy infrastructure and commercial and residential buildings.

About Computerworld

Based in Framingham, Mass., Computerworld, Inc. is a complete information services company for the IT Leader community, providing print and online publications, books, conferences and research services. The company's flagship weekly newspaper for IT Leaders has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper.

With a circulation of 250,000, Computerworld has a total audience of 1,694,000, according to IntelliQuest CIMS v.8.0. News and resources for the IT Leader community are available at www.computerworld.com.

Computerworld is a business unit of IDG, the world's leading technology media, research and event company. IDG publishes more than 300 magazines and newspapers and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 300 targeted Web sites in 70 countries.

IDG is also a leading producer of 168 computer-related events worldwide, and provides IT market analysis through 51 offices in 43 countries worldwide. For more information: www.idg.com.

Invensys is a trademark of Invensys PLC. Invensys Software Systems is a trademark of Invensys PLC.