Tuesday, November 29, 2011

CUI Global, Inc. (CUGI) Thrusts Open Door to US/Canadian Natural Gas Markets with Canadian Standards Association Safety Certification

CUI Global has made a name for itself acquiring and developing dynamic companies/technologies in key areas. Today the Company announced that its Vergence™ GasPT2 sensor received doorway-opening safety approval and certification from the Canadian Standards Association (CSA). CSA certification is recognized throughout North America as a natural gas industry safety standard.

The Vergence provides natural gas systems with a near real-time direct feedback on physical gas properties using an ISO6976 benchmark to calculate extremely precise measurements of the core end market targets like calorific value, Wobbe index, relative density, compression factor and etc., inferring methane, ethane, propane and nitrogen levels using collected data on carbon dioxide, thermal conductivity and the like.

President and CEO of CUGI, William J. Clough, hailed the news with great enthusiasm, confident of the new market potential for the Vergence, now that the broader North American market and prime parts of Asia are opened up for rapid deployment. A global deployment envelope for the device has opened up, especially when one takes into account the additional, recent certification of Vergence by internationally recognized explosion protected equipment certifier Baseefa.

Clough cited this certification as one of the last hurdles for the device, which, now cleared, opens up a truly massive North American market with copious amounts of natural gas infrastructure in the US/Canada. Moreover, the certification of CSA Group member, CSA International carries considerable weight globally, as the standard set to meet requirements in the US/Canada provides a solid baseline.

The CSA mark is seen on billions of products around the world and CSA International delivers the full force of national agency accreditation by OSHA, ANSI, NVLAP, NES and the SCC (Occupational Safety & Health Administration, American National Standards Institute, National Voluntary Laboratory Accreditation Program, National Evaluation Service and Standards Council of Canada, respectively).

Clough pointed to crucial meetings in the coming weeks with transmission companies, natural gas producers and large natural gas consumers, as well as the provisioning of Vergence test devices, confident that the sprawling NA gas industry will recognize immediately the vast potential of the device for quickly and cheaply delivering accurate measurements of the quality of the gas in the pipe. CUGI should thusly be quite able to extend their successful strategy from Europe to NA and Asian markets, as the market quickly realizes this unique device offers cost effectiveness and situational awareness “simply unavailable using current technology”.

More information on CUI Global, Inc., the certification announcement, or on CUGI’s power platform development subsidiary CUI Inc., please visit the Company’s websites at: www.CUIGlobal.com and www.CUI.com

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