Top Industry Practice Award Based on the Use of InStep's PRiSM Online Condition Monitoring Software
June 03 2008 - 3:10PM
PR Newswire (US)
CHICAGO, June 3 /PRNewswire/ -- InStep Software LLC, a leading
provider of real-time software systems and solutions, announced
today that InStep has teamed with the Exelon Corporation to win the
2008 nuclear reliability Top Industry Practice ("TIP") award for
excellence. The award is based on the results achieved by Exelon
from their use of InStep's PRiSM software for Centralized
Performance Monitoring. InStep's PRiSM technology monitors Exelon's
entire fleet of nuclear assets to provide advanced early warning
notification of potential equipment problems or failure. With 500
deployed plant equipment computer models Exelon achieved over
$500,000 in avoided equipment and production losses in the first
two months of operation. PRiSM uses advanced cluster based
reasoning to identify process variations that would be virtually
impossible to detect otherwise. The PRiSM software seamlessly
integrates with Exelon's existing historian infrastructure for
reliable and secure access to the plant information. InStep
software President John Kalanik says, "We are most pleased to be
part of this award winning team. This is a great example of how
industry vendors can truly partner with their customers to achieve
winning results." Exelon Corporation Exelon Corporation is one of
the nation's largest electric utilities with approximately $19
billion in annual revenues. The company has one of the industry's
largest portfolios of electricity generation capacity, with a
nationwide reach and strong positions in the Midwest and
Mid-Atlantic. Exelon distributes electricity to approximately 5.4
million customers in northern Illinois and Pennsylvania and natural
gas to approximately 480,000 customers in the Philadelphia area.
Exelon is headquartered in Chicago and trades on the NYSE under the
ticker EXC. About InStep Software, LLC InStep Software, LLC is a
leading provider of real-time performance management software and
solutions for the utility, process, manufacturing, and
telecommunication industries and government agencies. InStep
extends the return on investment in modern control, monitoring and
smart devices by collecting, storing, displaying, analyzing and
reporting the information provided by these systems. DATASOURCE:
InStep Software, LLC CONTACT: Sean Gregerson of InStep Software,
LLC, +1-312-894-7838 Web site: http://www.instepsoftware.com/
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