Cypress Envirosystems and Invensys form technology alliance

Nov. 13, 2009

SAN JOSE, Calif.– Cypress Envirosystems, a subsidiary of Cypress Semiconductor Corp. (NASDAQ:CY), and Invensys Operations Management have announced that the companies have formed a technology alliance. The agreement ensures seamless interoperability between Cypress Envirosystems’ wireless monitoring and control solutions and a wide range of Wonderware software solutions, including Invensys Operations Management’s new Wonderware Corporate Energy Management Application. The combined solutions can be set up quickly to make it simple for customers to conserve energy and cut costs in industrial and commercial facilities.

“We are pleased to join forces with Invensys and to leverage their Wonderware software solutions, which are widely recognized for their ease of use and the versatility they bring to manage diverse plant and facilities functions effectively,” said Harry Sim, CEO of Cypress Envirosystems. “Our combined solutions allow managers of existing facilities to automate processes with minimal disruption, significantly boosting operational efficiency while conserving energy.”

Cypress Envirosystems' technologies enable older buildings and manufacturing sites to adopt the latest automation technologies at an affordable cost and with minimal disruption to existing occupants, processes and staff. The products require minutes to install and typically provide payback within 12 months. The alliance with Invensys includes Cypress Envirosystems' Wireless Gauge Reader, the Wireless Steam Trap Monitor, the Wireless Transducer Reader and the Wireless Pneumatic Thermostat.

The new Wonderware Corporate Energy Management Application enables manufacturing, industrial and commercial facilities customers to easily and quickly implement energy management programs to achieve corporate-wide sustainability goals. It allows users to monitor, detect and notify personnel of energy inefficiencies when demand and usage limits have been exceeded and require attention. It also connects directly to meters through automation systems and building information networks, as well as accepts manual entry via Wonderware InTouch HMI interface for operations management, control and optimization. Field information may also be supplied from the Wonderware IntelaTrac mobile workforce and decision support system. The energy management application checks consumption and demand at main and sub meters operating a wide range of power generation methods, including power, water, gas, air and steam. Alarms detect when demand limits are exceeded with visualization of alarms provided by InTouch software.

“End users have a growing need to extract data from their sustainability, energy savings and leak detection applications, but manufacturers are not always in a position to access this information because legacy systems are monitoring and controlling important processes such as water, steam, oil and natural gas consumption,” said Craig Resnick, Research Director, ARC Advisory Group. "The strategic alliance between Cypress Envirosystems and Invensys will provide solutions that will connect these automation islands and extend the life cycle of legacy assets, enabling the deployment of applications that will result in energy and natural resource savings, increased plant efficiency and a quick return on investment.”