SAN JOSE, Calif., November 12, 2009 - Cypress Envirosystems, a subsidiary of Cypress Semiconductor Corp. (NASDAQ:CY), and Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced the companies have formed a technology alliance. The agreement ensures seamless interoperability between Cypress Envirosystems' wireless monitoring and control solutions and a wide range of Wonderware
"We are pleased to join forces with Invensys and to leverage their Wonderware software solutions, which are widely recognized for their ease of use and the versatility they bring to manage diverse plant and facilities functions effectively," said Harry Sim, CEO of Cypress Envirosystems. "Our combined solutions allow managers of existing facilities to automate processes with minimal disruption, significantly boosting operational efficiency while conserving energy."
Cypress Envirosystems' technologies enable older buildings and manufacturing sites to adopt the latest automation technologies at an affordable cost, and with minimal disruption to existing occupants, processes and staff. The products require minutes to install and typically provide payback within 12 months. The alliance with Invensys includes Cypress Envirosystems' Wireless Gauge Reader, the Wireless Steam Trap Monitor, the Wireless Transducer Reader and the Wireless Pneumatic Thermostat.
The new Wonderware Corporate Energy Management Application transforms data into vital plant information to synchronize operations and business objectives. This application enables manufacturing, industrial and commercial facilities customers to easily and quickly implement energy management programs to achieve corporate-wide sustainability goals. It allows users to monitor, detect and notify personnel of energy inefficiencies when demand and usage limits have been exceeded and require attention. It also connects directly to meters through automation systems and building information networks, as well as accepts manual entry via Wonderware InTouchpower generation methods, including power, water, gas, air and steam. Alarms detect when demand limits are exceeded with visualization of alarms provided by InTouch software.
"End users have a growing need to extract data from their sustainability, energy savings and leak detection applications, but manufacturers are not always in a position to access this information because legacy systems are monitoring and controlling important processes such as water, steam, oil and natural gas consumption," said Craig Resnick, Research Director, ARC Advisory Group. "The strategic alliance between Cypress Envirosystems and Invensys will provide solutions that will connect these automation islands and extend the lifecycle of legacy assets, enabling the deployment of applications that will result in energy and natural resource savings, increased plant efficiency and a quick return on investment."
"Our open technology platform is a collaborative foundation that ecosystem partners use to develop a wide variety of targeted solutions for industrial automation and facilities management markets at competitive prices," said Matt Bauer, vice president of ecosystems, Invensys Operations Management. "Cypress Envirosystems is an example of the power in that approach.
Together we deliver an outstanding value proposition that overcomes a major issue for many organizations: interactive control of, and data collection from, traditional analog-style instrumentation associated with energy usage and management. Their low-cost conversion of legacy meters, dials and valves into a wireless digital environment creates rapidly deployable, highly cost-effective data sources for our corporate energy management solution. Together we offer a granular level of energy-usage visibility, tracking and control that simply has not been available in any of our served markets to date."
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