Invensys and INVAP Form Alliance That Will Support Digital Upgrades and Control Retrofit Programs in the Nuclear Power Industry.Business/Technology Editors INVENSYS SHOWCASE CONFERENCE ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 12, 2002 Products and services from both companies will meet anticipated high demand for capital retrofits at Nuclear Power plants Invensys Production Management, a world-leader in resource productivity and a division of Invensys plc, has formed an alliance with INVAP INVAP Investigaciones Aplicadas (Sanish: Applied Investigations) INVAP Investigación Aplicada INVAP Investigacion Aplicaciones , S.E. of Argentina, a leading supplier of turn-key nuclear research reactors. The two companies will provide a deep base of nuclear systems engineering resources and products that will support an expected increase in demand for digital upgrades and control retrofit programs in the nuclear power sector. The announcement was made today at the Invensys Showcase(TM) Worldwide User Conference & Expo which is expected to draw an anticipated 2,000 customers from industrial companies worldwide. "We have made a significant investment in our I/A I/A Interactive I/A Instrument Air I/A Innovative/Alternative (Technology) Series System and Triconex product lines to meet the unique needs of our Nuclear customers and our alliance with INVAP significantly enhances the services and project execution capabilities we can provide," said Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Quinn, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Invensys Production Management. "Our alliance brings together the best control technology available and top-notch, complex systems integration skills that will help our customers operate safer and more competitive plants," said Hector Otheguy, INVAP chief executive officer. INVAP, headquartered in Bariloche, Argentina, is an experienced supplier of research reactors. The control requirements for their most recent project for ANSTO ANSTO Australian Nuclear Science and Technology Organisation , an Australian nuclear research reactor, was fulfilled with an all-Invensys solution featuring a combination of I/A and Triconex systems covering the protection systems, reactor control and monitoring. "Our customer-supplier relationship on this successful project led to discussions between us on how to extend that relationship and this alliance is a natural extension," said Carlos Ricci, Invensys country manager for Argentina. Invensys has an installed base of control systems in more than 130 nuclear power generation plants. Customers are using the I/A Series System, the first open control system when it was introduced in 1987 and now still a leader in technology and reliability; and the Triconex systems, world-renowned for providing industrial safety and critical control applications. Last year Triconex received a Safety Evaluation Report (SER Ser serine. Ser abbr. serine SER smooth endoplasmic reticulum. Ser serine. ) from the U.S. Nuclear Regulatory Commission Nuclear Regulatory Commission (NRC), an independent U.S. government commission, created by the Energy Reorganization Act of 1974 and charged with licensing and regulating civilian use of nuclear energy to protect the public and the environment. for 1E applications of its TRICON TRICON Triple Container TRICON Special Container for Military Transportation TMR TMR total mixed ration. TMR 1 Trainable mentally retarded 2 Transmyocardial revascularization, see there product. Invensys is currently supplying the control systems for the Lungmen advanced nuclear reactor technology
A nuclear reactor is a device in which nuclear chain reactions are initiated, controlled, and sustained at a steady rate, as opposed to a nuclear bomb, in which the chain reaction occurs in a fraction of a in Taiwan. "We are extremely proud of our sustained, 25 years of support to nuclear customers with our Spec-200 product line," said Tracy Sledge, vice president and general manager, Triconex. "Offering qualified commercial products for use in 1E applications demonstrates our continued commitment to this important sector of the power generation industry." For more information on Invensys, please visit www.invensys.com. ABOUT INVAP INVAP, a technology development company headquartered in Bariloche, Argentina, is one of the world's leading suppliers of turn-key nuclear research reactors and other nuclear facilities. It is the only company in Latin America that develops complete remote sensing space missions that meet NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. standards. INVAP also deals with nuclear medicine equipment, plus customer designed equipment and services for oil and gas, and industrial applications. INVAP works in integrated teams with its clients to design and build advanced, custom-made products and facilities, which comply with the highest standards of safety, reliability and availability required in the nuclear, aerospace, medical and product industries. INVAP leads projects worldwide, with offices and subsidiaries in Argentina, Australia, Brazil, Egypt and the United States. For additional information go to: www.invap.net |
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