SmartSignal ECM Selected by Kansas City Power & Light to Ensure Asset Availability and Reliability.CHICAGO -- SmartSignal Corporation, the leading provider of predictive monitoring solutions, today announced that Kansas City Power & Light Company, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Great Plains Energy Inc., will implement SmartSignal's Equipment Condition Monitoring(TM) (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) solution to increase the efficiency of maintenance operations. The solution will initially be rolled out to sixteen generation units that produce approximately 4,100 megawatts. The ECM product will leverage the company's OSIsoft PI data historian for sensor signal information across the sixteen-unit fleet, which consists of coal plants, combustion turbine units and a combined cycle plant. SmartSignal ECM will also monitor up to thirteen major components including air heaters, condensers, steam turbines, pulverizers, generators and pumps. The installation process will utilize the SmartStart(TM) methodology - a step-wise process for deploying ECM - to complete the implementation within ninety days. ECM is an exception based predictive monitoring system that helps companies increase return on assets Return on assets (ROA) Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets). , maximize equipment uptime and reliability. Through real-time insights into asset health and early warning of abnormal equipment performance, owners and operators of fleets of assets are able to reduce forced outages and derates, reduce maintenance costs and improve worker productivity. Kansas City Power & Light is a leading provider of electricity in the Midwest serving approximately 490,000 customers. SmartSignal ECM is designed to provide any utility with early, actionable warning of abnormal machine and process behavior that can lead to failure. The ECM solution improves asset availability by providing operators with the information needed to minimize unplanned downtime and increase the performance of critical assets. "SmartSignal ECM will help Kansas City Power & Light successfully manage equipment maintenance in real-time, delivering a clear business advantage," said Jim Gagnard, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SmartSignal. "With our ECM product and deep understanding of the market - our clients represent over 190,000 megawatts - SmartSignal can help any utility generate power more efficiently and reliably." About Great Plains Energy Inc. Great Plains Energy Incorporated (NYSE NYSE See: New York Stock Exchange :GXP GXP Geospatial Exploitation Products GXP Galaxy Police (anime) GXP Grid Exit Point (utilities, electricity) GxP Good X Practice ), headquartered in Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. , is the holding company for Kansas City Power & Light Company, a leading regulated provider of electricity in the Midwest; and Strategic Energy LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an energy management company providing load aggregation and power supply coordination. The company's web site is www.greatplainsenergy.com. About SmartSignal SmartSignal Corporation is the leader in Predictive Monitoring Solutions. The ECM solution helps companies gain unprecedented insight into the health of critical business assets. Through real-time monitoring and prediction, companies are able to avoid catastrophic failures, increase capacity and improve overall return on assets. SmartSignal's clients include industry leaders such as Arizona Public Service Arizona Public Service Company is the largest electric utility in Arizona and the principal subsidiary of publicly-traded S&P 500 member Pinnacle West Capital Corporation (NYSE: PNW), which in turn had been formerly named AZP Group , Entergy, Progress Energy and Southwest Airlines. SmartSignal ECM was recently named a finalist for a Platts 2004 Global Energy Award in the "Commercial Technology of the Year" category. In 2003, SmartSignal was named one of The FocalPoint Group's Top 40 North American M2M M2M Machine-to-Machine (communication, mainly mobile) M2M Minutes to Midnight (Linkin Park album) M2M Mobile to Mobile (cellular phone) M2M Member-to-Member M2M Month to Month Innovators and also won the prestigious Chicago Sun-Times Innovation Award. For more information visit www.smartsignal.com. |
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