Elsag Bailey Awarded $9 Million Contract for German Power Station.FRANKFURT, Germany--(BUSINESS WIRE)--Aug. 27, 1998--Elsag Bailey Process Automation N.V. (NYSE NYSE See: New York Stock Exchange :EBY EBY Ente Binacional Yaciretá (Argentina-Paraguay) ) announced today it has received a contract valued at nearly $9 million to supply new automation systems at the Janschwalde Power Station in northeastern Germany. Awarded to the company's Hartmann & Braun subsidiary, the new contract covers extensive modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, of auxiliary auxiliary In grammar, a verb that is subordinate to the main lexical verb in a clause. Auxiliaries can convey distinctions of tense, aspect, mood, person, and number. processes at the 3000 MW coal-fired plant. Each of the six 500 MW power production units at Janschwalde station is currently controlled by Hartmann & Braun automation systems, provided by the Elsag Bailey unit in separate projects from 1992 through 1996. The new contract covers modernization of control systems for a number of auxiliary plant processes including water treatment, compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. , pumping stations, and municipal heating for the nearby town of Cottbus. Fourteen distinct automation subsystems will be established, connected via a 13 km. (8 mile) long fiber optic communication network. Control and monitoring of the systems will be performed from a new central control room, equipped with Elsag Bailey operator consoles and large-screen displays. In addition to the new automation systems, Elsag Bailey will provide new process instrumentation for the measurement of pressure, differential pressure, and temperature variables, plus project services including planning, installation, and commissioning. Project implementation will be completed without interruption INTERRUPTION. The effect of some act or circumstance which stops the course of a prescription or act of limitation's. 2. Interruption of the use of a thing is natural or civil. of plant production, beginning in November 1998, and is scheduled for completion in December 1999. One of the world's leading process automation companies, Elsag Bailey Process Automation N.V., incorporated in the Netherlands, has grown its revenues to more than $1.5 billion by aggressively expanding its global markets and technologies. The company employs some 11,000 employees in over 30 countries. Elsag Bailey's computer and electrical products -- control systems, instrumentation products, and analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. devices -- keep its customers on the cutting edge of productivity. Elsag Bailey's global customers are among the leading names in the process industries including electric utilities, oil and gas, chemicals and pharmaceuticals, pulp and paper, water and wastewater, metals and ceramics ceramics (sərăm`ĭks), materials made of nonmetallic minerals that have been permanently hardened by firing at a high temperature, or objects made of such materials. , and other industrial companies. For copies of additional press releases or quarterly reports, call Elsag Bailey's Fax-on-Demand service at 1-888-329-2311, or visit the Company's web site at www.ebpa.com. Requests for information can also be made via e-mail at investorinfo@bailey.com.
CONTACT: Elsag Bailey Process Automation N.V.
Christopher M. Farage, Ph.D., 440/585-8675
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