IntraCoastal receives payment for Vietnam order

IntraCoastal has received a down payment of approximately $90,000 CDN and Irrevocable Letters of Credit valued at approximately $200,000 CDN for the purchase of 20,000 power line communication Chips and 75 Concentrators, under an agreement that was struck in February of this year.

Providence, R.I., August 7, 2001 — Secretary of Energy Spencer Abraham and Michigan Governor John Engler today announced the establishment of a blue-ribbon task force on electricity infrastructure that will focus on state policies and regional issues that impact the nation’s energy sector.

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