Invensys and INVAP renew nuclear agreement

Business alliance combines Invensys' expertise in control and safety systems for nuclear plants with INVAP's expertise in nuclear reactor technology and services

FOXBORO, MASSACHUSETTS, USA - January 3, 2007 - Invensys Process Systems (Foxboro, Massachusetts, USA) and INVAP S.E. (Bariloche, Argentina) today announced that the two companies have renewed an existing cooperative business agreement for an additional three years. Under this alliance agreement, the companies will continue to work together to provide mutual customers with comprehensive, world-class product and service solutions for the design, engineering, construction, control, protection, and maintenance of nuclear facilities.

INVAP is a respected designer and constructor of nuclear facilities around the world. Invensys is a highly experienced global supplier of safety and control systems for nuclear facilities, including many of the world's largest nuclear power plants.

Working under a subcontract for INVAP, Invensys Systems Argentina recently provided control and safety systems hardware and associated engineering services for the OPAL scientific/medical research reactor constructed and commissioned by INVAP in New South Wales, Australia. INVAP, as the Main Contractor for the OPAL Project, has been responsible for the design of the integrated solution as well as for its assembly, installation, commissioning and performance of the control and safety systems for this state-of-the-art nuclear installation. Here, the full set of Invensys products for the nuclear industry have been employed in an integrated manner in a plant built around the most modern multipurpose nuclear reactor in the world.

About Invensys' Nuclear Group
Invensys's nuclear group combines systems and engineering capabilities to provide the nuclear industry with a cost-effective, full scope solution for plant life extension. Extensive nuclear industry experience combined with a modern open-system controls platform, and commercial-off-the-shelf 1E certified safety system, provide the only fully integrated instrument and control (I&C) digital upgrade solution available in the nuclear power industry. For more information, visit www.invensysnuclear.com.

About Invensys
Invensys is the world leader in industrial asset performance management. In addition to its rapidly expanding Global Solutions and Performance Management services groups, Invensys' automation businesses includes industry-leading brands such as Foxboro, Triconex, SimSci-Esscor, Wonderware, and Avantis, whose products are installed in more than 100,000 plants across the world. These range from small hybrid and batch plants to the world's largest upstream projects, refineries, gas plants, petrochemicals plants, power plants, and pulp and paper mills.

The Invensys Group is headquartered in London and is listed on the London Stock Exchange, with approximately 30,000 employees working in 60 countries.
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