NxtPhase wins R&D 100 Award

VANCOUVER, BC, August 7, 2002 — NxtPhase Corp., a provider of digital and fiber optic solutions for the electric power industry, announced it has won an R&D 100 award for the NXVCT Optical Voltage and Current Sensor.

Sponsored by R&D Magazine, this prestigious award recognizes innovative technology judged to be among the 100 most technologically significant new products of the year. The NXVCT’s key customer benefit is its ability to measure current and voltage with higher accuracy over a greater dynamic range in a single column.

Other key differentiators include smaller size, reduced weight, improved safety, and environmental advantages over traditional oil-filled equipment or devices that use the greenhouse gas, SF6, for insulation.

“The shift to more integrated, digital control of electric power opens up some exciting opportunities for our network,” said Pete Atwell, T&D Maintenance Manager at Arizona Public Service. “The NXVCT has the potential to help us improve system reliability, performance, and equipment safety.”

Now in its 40th year, the R&D 100 awards program is designed to honor significant commercial promise in products, materials or processes developed by the international research and development community. Past winners include such breakthrough products as the halogen lamp, antilock brakes, and the liquid crystal display. Technologies are nominated in open competition and judged by technical experts selected by the Illinois-based magazine.

“Our product team has applied some very sophisticated science to improve the electric power system,” said Glen Sanders, Director of Engineering at NxtPhase, and member of the team of inventors recognized by this award. “As utilities and energy providers worldwide move toward more digitally integrated systems, innovative products like this enable greater reliability and efficiency, not to mention environmental advantages that benefit us all.”

A banquet for the 2002 R&D 100 winners is scheduled for October 16th at the Navy Pier in downtown Chicago.

The inventor team is made up of the following NxtPhase employees: Dr. James Blake, Dr. Patrick Chavez, Dr. Farnoosh Rahmatian, and Dr. Glen Sanders. The team also includes Dr. Nick Jaeger from the University of British Columbia. For more information about the awards program and this year’s winners, access the R&D Magazine website at www.rdmag.com.

About NxtPhase
NxtPhase Corporation provides digital and fiber optic solutions intended to change the way high-voltage electric power is managed in a competitive electric power industry.

Optical sensing products offer more accurate digital information, broader dynamic range, wider bandwidth, improved safety, and environmental benefits compared with conventional technologies, NxtPhase said. The NxtPhase relay and recorder line provides protection and monitoring of electrical power systems. Future development will enhance the ability to use data interactively across the electric power grid.

NxtPhase is a privately held corporation with development and manufacturing offices in Phoenix, Arizona; Vancouver, British Columbia; and Winnipeg, Manitoba. Find out more about innovative NxtPhase solutions at www.nxtphase.com.

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