NxtPhase announces major sale of relays to Taiwan Power Company

Winnipeg, MB, October 29, 2001 — NxtPhase Corporation today announced a US$970,000 sale of APT L-PRO line protection relays to Taiwan Power Company.

According to Curtis Rebizant, Sales and Marketing Manager for NxtPhase relays and recorders, “We’re excited about this sale which represents recognition of a new level in integrated protection, high quality recording and communication.”

In addition to its significance as a major international order, the deal also represents the largest order to date for NxtPhase. Scheduled to begin shipment in March of 2002, this contract is the second major sale to Taiwan Power Company, who previously purchased APT TESLA recorders.

Richard MacKellar, President and CEO of NxtPhase commented, “This business in Taiwan is exciting as an important entry point into the Asian marketplace. It’s part of a worldwide resurgence in the market for advanced protection and monitoring needed to manage the power system in the face of today’s deregulation and the increased demand for power.”

The L-PRO Model 2100 line protection relay uses DSP technology to provide comprehensive distance-based line protection, fault oscillography, dynamic swing recording and event logging all integrated in a single device. NxtPhase relays and recorders are founded on a single, flexible platform based on extensive development in advanced digital signal processing, microelectronics, and graphical user software. This state-of-the-art platform allows incorporation of new features in a fraction of the time achievable by other suppliers. Even completely new products are produced in months versus years.

About NxtPhase

NxtPhase Corporation develops digital and fiber optic solutions that will change the way high-voltage electric power is managed in a competitive electric power industry. Find out more about innovative NxtPhase solutions at www.nxtphase.com.

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