SAN FRANCISCO, Aug. 27, 2001 – DBS Industries, Inc., an emerging developer of low-cost data services, announced today that the Company has submitted a proposal to the California State Consumer Power and Conservation Financing Authority (the Power Authority) for the use of a Satellite-Based Energy Control System designed to conserve electrical consumption and alleviate the threat of rolling blackouts in the State of California.
The proposal was made to the Power Authority’s Board of Directors on Friday, August 24, 2001, at the Board’s first public meeting that was held in Sacramento, California.
Fred Thompson, DBSI Chairman and Chief Executive Officer, stated, “DBSI has developed a unique satellite-based solution to California’s energy crisis, with the help of our partners Arthur D. Little, who is our engineering firm; Bechtel Corporation, whom we’ve selected as the program manager; and Iridium Satellite LLC, who is providing satellite capacity. We have proven, in an extremely short period of time, that we have the technology to remotely turn down individual commercial rooftop air conditioners located throughout the State at times of high peak load, potentially saving enough power to avoid rolling blackouts.”
Thompson continued, “We believe that we can create the largest Voluntary Command Conservation Program in the history of this country.”
About DBS Industries, Inc.
DBS Industries, Inc. (DBSI) is dedicated to providing low-cost telecommunications solutions to clients located throughout the world. Through the Federal Communications Commission E-SAT license, DBSI is the only company licensed to provide commercial two-way data messaging using store and forward CDMA technology in conjunction with “Little LEO” low-earth-orbiting satellites.