Las Vegas, Dec. 10, 2003 — SmartSignal Corp. announced that Entergy Corp. has selected SmartSignal’s early warning Equipment Condition Monitoring (ECM) software to maximize performance at over thirty of Entergy’s power generation plants and its Performance, Monitoring and Diagnostics (PM&D) center.
SmartSignal ECM enables power companies to utilize a proactive maintenance strategy for critical plant equipment including steam turbines, boiler feedwater pumps and electrical generators. ECM’s scalability across entire equipment fleets regardless of original equipment manufacturers (OEMs) type enables companies to experience significant economies of scale at multiple plants and PM&D centers.
This epitomizes the strategy laid out by Ms. Jill Feblowitz and Ms. Fenella Scott of AMR Research in their ‘Energy Insider IT: Spending Report 2003-2004’, which stated that, “From a business perspective, AMR Research believes that a back-to-basics attitude–reliability, reliability, reliability–will lead energy companies to focus inward on decision support in areas such as predictive maintenance, using condition-based monitoring to predict potential failures or to push equipment (feeders, turbines) beyond capacity within the restraints of safety.”
Advanced early warning of pending equipment failures will shift unplanned maintenance to planned maintenance and ensure avoidance of costly outages and catastrophic equipment failures. Additionally, SmartSignal ECM allows power companies to experience:
* Increase system reliability
* Improve operating productivity, management and effectiveness
* Experience significant economies of scale
* Increase shareholder value
“We are proud to have been chosen by Entergy, one of the industry’s leading energy and power companies,” said Gary Conkright, SmartSignal President and CEO. “Through continued partnerships in the power industry, SmartSignal provides greater management of asset productivity and performance, so that our customers can drive significant cost savings directly to the bottom line.”
About Entergy Corporation
Entergy Corporation is an integrated energy company engaged primarily in electric power production, retail distribution operations, energy marketing and trading, and gas transportation. Entergy owns and operates power plants with about 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.6 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Through Entergy-Koch, LP, it is also a leading provider of wholesale energy marketing and trading services, as well as an operator of natural gas pipeline and storage facilities. Entergy has annual revenues of over $8 billion and more than 15,000 employees.
SmartSignal Corporation is involved in Predictive Technology. The technology, available as an enterprise software solution-Equipment Condition Monitoring (ECM™)-or as a predictive platform for original equipment manufacturers (OEMs), helps companies gain unprecedented insight into the health of critical business assets. Through real-time monitoring and prediction, companies are able to avoid catastrophic failures, increase capacity and improve overall return-on assets.
For more information visit http://www.smartsignal.com.