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CHICAGO, IL - Feb. 5, 2008 - InStep Software, LLC, a leading provider of real-time software systems and solutions, announced today that Progress Energy has implemented InStep's PRiSM software to support Progress Energy's Centralized Performance Monitoring initiative.
InStep's PRiSM technology monitors Progress Energy's entire fleet of fossil assets to provide advanced early warning notification of potential equipment problems or failure. PRiSM uses advanced cluster based reasoning to identify process variations that would be virtually impossible to detect otherwise. The PRiSM software seamlessly integrates with Progress Energy's existing historian infrastructure for reliable and secure access to plant information.
InStep Software President John Kalanik says, "Progress
Energy is recognized in the utility industry as a leader in reliably
operating their fleet of power plants. We are very pleased to have such a
key role in supporting this initiative."
Progress Energy's Program Manager Bernie Cook says, "InStep's PRiSM
product has become a critical part of our Fossil Monitoring and Diagnostic
Center which is integrating several advanced diagnostic tools focused at
early detection of equipment problems. Prism's ability to quickly develop
models has allowed us to reduce our fleet implementation plan from a matter
of years to a matter of months."
About Progress Energy
Progress Energy, headquartered in Raleigh, N.C., is a Fortune 250 energy company with more than 21,000 megawatts of generation capacity and $10 billion in annual revenues. The company includes two major utilities that serve more than 3.1 million customers in the Carolinas and Florida. Progress Energy is the 2006 recipient of the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence. For more information visit the Progress Energy Website at
http://www.progress-energy.com.
About InStep Software, LLC
InStep Software, LLC provides real-time software products and solutions for utilities, process industries, manufacturing, telecommunications and the U.S. Government. InStep's core product eDNA is an industry leading real-time performance management software solution used for collecting, storing, displaying, and reporting real-time operational information. eDNA is the chosen real-time solution for many of the world's leading power and process companies. InStep leverages the latest technologies to deliver fault-tolerant data acquisition, monitoring, and analysis systems. For more information, please visit
www.instepsoftware.com.
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