Invensys acquires FieldTech from Wisconsin Energy Corporation

FieldTech will now be known as IMServ FieldTech and will bring the total number of IMServ’s residential meter reading to 7 million and over 100,000 commercial and industrial meters worldwide. IMServ is the energy management service business of Invensys Energy Solutions, which combines the capabilities of IMServ, Invensys Building Systems, ComTrol, Dyna and Crompton.

LAS VEGAS, May 11, 2001 – Reflecting, as expected, the remaining impacts of the western power crisis on its two utility operations, Sierra Pacific Resources today reported consolidated net losses of $83.5 million, or $1.06 per share, for the quarter ended March 31, 2001.

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