Crane's Wireless Monitoring Solutions Announces Supply Agreement with Phoenix International
Agreement in Conjunction with NDSU’s Center for Advanced Electronics Design & Manufacturing (CAEDM)
PLANO, Texas – September 20, 2007 – Wireless Monitoring Solutions, a Crane Co. (NYSE: CR) business, announced today that they have entered into a supply agreement with Phoenix International, a John Deere Company (NYSE:DE), whereby Phoenix International will provide contract manufacturing for Wireless Monitoring Solutions’ commercial line of wireless sensor networking equipment.
As a part of this agreement, Wireless Monitoring Solutions (WMS) will have access to the engineering staff and resources at Phoenix International’s New Product Introduction (NPI) Center, located in Fargo, North Dakota. With a focus on new product development, the NPI Center is a cornerstone facility of North Dakota State University's Research & Technology Park and contains a full line of production-capable manufacturing equipment. WMS was introduced to Phoenix International through their work with NDSU’s Center for Advanced Electronics Design & Manufacturing (CAEDM), which built WMS’ initial product prototypes currently deployed at multiple customer locations.
“We are excited to work with Phoenix International and their abilities to ramp our commercial VantedgePoint products into high volume production,” said Charlie Stuewe, Vice President & General Manager of Crane’s Wireless Monitoring Solutions. “Phoenix not only provides us with full turnkey manufacturing services, but allows us to leverage their new product development and prototyping facility with years of experience developing products for outdoor, challenging environments. This collaboration is a natural extension of our research and development relationship with North Dakota State University.”
“Wireless Monitoring Solutions is providing innovative solutions in a fast-growing market, and we are pleased that they have recognized Phoenix International’s development and manufacturing leadership,” said Chuck Kaufman, President of Phoenix International. “We look forward to working with one of Crane Company’s businesses and taking them into full scale production for one of their many new markets.”
About WMS: Wireless Monitoring Solutions, a part of the Crane Co. Controls division, is a leading provider of wireless sensor networks for industrial, commercial and government applications, including Oil & Gas, Security and Vending markets. With its wireless sensor products and remote monitoring services, Wireless Monitoring Solutions provides a complete, end-to-end intelligent monitoring solution that transforms data into business knowledge and provides continuous and real-time information, allowing organizations to improve efficiencies, reduce costs, improve customer service and optimize revenues. For more information about Wireless Monitoring Solutions, visit http://www.cranewms.com.
About Phoenix: Phoenix International, a part of John Deere’s Intelligent Mobile Equipment Technology Division, is a leader in the design and manufacture of custom, integrated electronic solutions for Original Equipment Manufacturers. Since its inception in 1987, Phoenix has developed highly ruggedized electronic components and systems for industries that operate under the most adverse conditions, such as on-highway, agriculture, heavy construction, industrial control, and material handling. Information about Phoenix International can be found at http://www.phoeintl.com.
About NDSU's CAEDM: The Center for Advanced Electronics Design and Manufacturing at North Dakota State University, Fargo, performs market-driven research and development with private sector partners and collaborators. CAEDM is funded as a State of North Dakota Economic Development Center of Excellence. Such centers are designed to partner with private companies to enhance their business, while spurring economic development and job creation in the state. CAEDM assists industry partners and collaborators in meeting product and technology needs with research and development that result in new marketable technologies and products. For additional information, visit http://www.ndsu.edu/caedm.
Wireless Monitoring Solutions: Patti Shaffner, 972-564-9178 x158
Phoenix International: Jonathan Tolstedt, 701-277-6274
North Dakota State University: Carol Renner, 701-231-5174