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FOR IMMEDIATE RELEASE Beckwith Electric Co. & SEPAC Corporation Join Forces to Provide Solutions for Power System Stability in the U.S. and Abroad February 19, 2004 - On February 15, 2004, the presidents of Beckwith Electric Co. Inc., of Largo, Florida and SEPAC Corporation, a company with offices in the US, Mexico and France, signed an agreement for the promotion, sales, marketing and technical support of SEPAC´s Excitation Systems, through Beckwith Electric Co., in the United States, Canada and Japan. SEPAC's involvement with excitation systems spans a period of more than twenty years, initiated through a technology transfer agreement with Thorn EMI Electronics of England in 1980. SEPAC technology has progressed to its third generation of design, leading to the present digitally-controlled, static systems able to power some of the largest machines connected to the electric utility grid. Advanced technology, developed exclusively by SEPAC, provides the rapid, reliable response that is required by industry standards to counteract system instabilities and thereby assist in the avoidance of events such as the East Coast Blackout of 2003. "Special design and engineering teams are being formed by both companies to support the great sales effort ahead; strategies are being put in place and all manufacturing resources are ready for the expected AVR coming orders," said Luis Lechevalier, President of SEPAC Corporation, upon the signing of the agreement. "We are sure that the market place has long waited for a solution like this one. With this alliance, we will exceed its expectations." Tom Beckwith, President of Beckwith Electric, adds, "I knew our
search for a partner such as SEPAC was on the right track when customer
after customer revealed performance reliability on the order of six minutes
downtime in ten years of operation." Mr. Beckwith adds, "The
addition of the SEPAC expertise dramatically expands the solutions Beckwith
Electric can provide for our customers in the business of reliable electric
power generation." # # # For more information: |
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