Modcon Systems Ltd and Invensys Inc Announce Partnering Agreement

INVENSYS is a global technology group supplying solutions, software, services and equipment to monitor, control and automate processes in a wide range of environments and across almost every sector. MODCON (USA) is a company with expertise in on-line analysers, process control and system integration for process industries. MODCON and INVENSYS have complementary capabilities and it is to their mutual benefit to cooperate for the purpose of identifying and developing new business opportunities.

"We are very excited about the co-operation with INVENSYS," commented MODCON Chief Executive Officer Mr. Gregory Shahnovsky. "This is a strategic relationship, which promises to result in exciting new products and services to our customers. The combination of INVENSYS process automation solutions and Modcon Systems’ expertise in on-line analyzer systems represents a breakthrough in process control applications. The experience of both companies offers a strong opportunity for the introduction of the most advanced technologies to the world markets."