INVENSYS EXPANDS PRESENCE IN ASIA PACIFIC WITH NEW REGIONAL FACTORY FOR INVENSYS POWERWARE IN SHANGHAI

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INVENSYS EXPANDS PRESENCE IN ASIA PACIFIC WITH NEW REGIONAL FACTORY FOR INVENSYS POWERWARE IN SHANGHAI
30 April 2002 - Invensys plc

Invensys plc have announced the opening of a new manufacturing operation in Pudong, Shanghai by Invensys Powerware, a key business within its Energy Management Division. This new factory, one of 35 joint venture factories and representatives offices in China, demonstrates Invensys's commitment to the growth of its business in the Asia Pacific region. Invensys Powerware is one of the largest providers of power protection and management solutions worldwide. Products include uninterruptible power systems (UPS), DC telecom power, broadband power systems, and a full range of power management and monitoring software. Invensys Powerware has operated in China since 1972 and provides network protection solutions to many government and private sector businesses.

'Invensys values the China market, and the particular investment environment in Shanghai. We see this new operation as a trail-blazer for our operations in China, where the deepening of economic reforms and entry into the WTO will create opportunities in the market for power solutions which Invensys can exploit,' said Invensys chief executive Rick Haythornthwaite. The establishment of Invensys Powerware (Shanghai) Company Limited will allow the company to better meet the growing demands of the Chinese market for sophisticated standby power systems designed to support mission critical applications. Invensys Powerware already has representative offices in Beijing, Guangzhou, Chengdu among others.

Invensys already has over 90 million invested in its operations in China, which employ a workforce of over 3000 across a range of businesses serving customers in a variety of industries. These include telecommunications DC power systems, building and production control systems and manufacturing operations, backed up by an extensive sales and services network. Invensys Powerware's new Shanghai operation will complement the solutions which Invensys already offers to its customers across the whole of the Asia Pacific region.

'This new factory in China shows our continued commitment to developing productive partnerships within the Asia Pacific region. It will strengthen our presence in this key strategic location as we re-focus on delivering customer-focused solutions as part of the new corporate strategy,' said Rick Haythornthwaite.

In February, Invensys announced the results of a complete review of its corporate strategy, with the creation of an integrated group based around two core divisions: Production Management and Energy Management. Invensys Powerware is a key business within the new Energy Management Division, which will address markets connected with power and energy infrastructure, and with buildings for industrial, commercial and residential usage.

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About: Invensys plc
Invensys is a global automation, controls and process solutions Group. We empower you to increase productivity, reduce waste, remove cost from your supply chain, boost profitability and demonstrate measurable improvement in your company's overall performance.
As a global leader in resource productivity, Invensys offers products and services, expertise, and technologies that enable you to maximize return on investments, conserve resources and optimize performance across your value chain.

Operating in more than 60 countries worldwide, Invensys meets the needs of the process and batch industries - from oil & gas, powerand utilities, chemicals, and rail systems to food & beverage, healthcare, and data communications - as well as the discrete and hybrid manufacturing sectors, and provides components, systems and services to the heating management, commercial refrigeration, residential safety and automotive industries, and electronic and electro-mechanical systems and components to appliance and related industries.

Not only do we help improve your bottom line, by enabling you to manage your assets more efficiently, but we also help you to protect the environment. As the result of our efforts, we have been awarded the prestigious Energy Star Label by the United States Environmental Protection Agency (EPA).

Taking an integrated strategic approach to increasing your productivity, we enable you to increase output from your existing plants and technology investments, provide you with solutions that create more efficiencies in your supply chain, and increase performance at every level.

From the production line to executive offices, from customer relationship and procurement management to distribution logistics, we can help you improve productivity, optimize performance, and increase profitability.

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