ST. LOUIS, Mo., July 9, 2004 — Distribution Control Systems, Inc. (DCSI), a subsidiary of ESCO Technologies Inc., announces the recent purchase of certain intellectual property and physical assets of CIC Global LLC (CIC) related to prepayment technology. CIC operates as an international systems development company focused on providing energy utilities with technological tools for the deregulated era.
By integrating CIC’s prepayment technology with DCSI’s Two-Way Automatic Communications System (TWACS®) solution, DCSI looks forward to offering the benefits of prepayment to complement TWACS Demand Response, Load Control, Peak Load Management, TOU/Critical Peak Pricing, Interval Data, Line Voltage Monitoring, Outage Management, Remote Disconnect/Connect, and Tamper/Theft Detection capabilities.
“We are very excited about adding the prepayment capability to the TWACS system. For the near term, we will be selling the standard CIC products to fulfill the immediate needs of utility customers,” stated Martin P. Kaiser, President of DCSI. “Our longer-term plan is to integrate the prepayment modular element into our TWACS solutions suite.”
CIC designed, manufactured, and distributed prepayment systems for the electric utility market. With over 40,000 metering systems installed, its products and technology enabled utilities to offer customers a more flexible billing approach, which in turn helped those customers better manage and control energy expenses. CIC’s systems have been in operation for over 13 years and have deployed solutions in four countries.
DCSI, located in St. Louis, Missouri, has manufactured and marketed the highly successful and field-proven TWACS Two-Way Automatic Communications System fixed network power line communication technology for over 25 years. There are over 7.5 million metering devices installed or under contract. Customers include ATCO Electric, Bangor Hydro-Electric, Florida Power & Light Co., Idaho Power Company, PPL Electric Utilities, Puerto Rico Public Power Authority, Wisconsin Public Service Co., and over 100 electric cooperatives and municipal utilities located in 37 states and provinces with several additional locations outside North America. For more information, visit www.twacs.com