|[January 29, 2013]
IUS Technologies Announces Groundbreaking Test Results with Major U.S. Utility AEP
SAN DIEGO --(Business Wire)--
$1B Vitzro Group subsidiary IUS Technologies is excited to announce the
initial U.S. test results of its smart
series sensors. Late in 2011 IUS combined forces with American
Electric Power (AEP) to assess the accuracy of its end-of-line smart
sensors - the VS1000 and VS3000. AEP serves an 11-state area and over
five million customers, providing IUS with a wide market sample.
The distribution automation technology of these sensors has been vital
in creating a stable South Korean electric system that has tremendous
resilience, up time, and smart rerouting. IUS Technologies says the
result of their testing with AEP means that this technology onshores in
North America extremely well, and can indeed be a major benefit to large
US utilities, municipalities and co-ops. The company plans to begin
manufacturing immediately in their Alpharetta, Georgia, location.
IUS executive Scott Zajowski says, "We are excited with the positive
test outcomes, demonstrating that our devices have exceeded industry
expectations. They are market-ready and clearly at the forefront of
smart grid technology." Initial testing confirms the VS3000 is efficient
to a level of 0.3 percent accuracy, outperforming similar devices on the
market and at a lower cost per unit for acquisition.
IUS Technologies focuses on using reliable distribution automation and
it is poised to bridge the gap that U.S. utilities face in bringing the
grid to an effective and reliable stature. With a 50-year plus history
of innovations in South Korea, which is known to have one of the most
reliable grids worldwide despite the threat of tsunamis and a
mountainous terrain, IUS is advancing with specialized products like its
VS series sensors. The sensors allow utilities to monitor and drop
voltage levels across the grid, significantly increasing capacity, and
allowing electric utilities to sell off the excess power to other
utilities, municipalities or co-ops at the market rate. The net effect
is creating a significant revenue stream for utilities and allowing
capacity to meet the rising demand without costly infrastructure
investments. It makes a win-win situation for both utilities and
IUS Technologies will demonstrate the VS series at the 2013 DistribuTECH
conference Jan. 29-31 at the San Diego Convention Center, in booth 1550.
To schedule a demonstration please visit http://ius-tech.com/events.
About IUS Technologies
IUS Technologies develops products that ease the progress of U.S.
Utilities toward a true and reliable Smart Grid through distribution
automation. IUS's technologies and Born Smart™ devices include
Smart Grid Sensors, Distribution Automation, Oil Degradation & Load
Monitoring Systems, Power Transformers and Bushing Current Transformers.
For more information about IUS Technologies, visit http://www.ius-tech.com.
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