1045 Hickory Street Pewaukee, WI 53072 Phone: (262)524-3300 Fax: (262)524-3319 www.cooperpower.com 208 S. Rogers Lane Raleigh, NC 27610 Phone: (919)212-4800 Fax : (919)250-5439 www.elster.com News Release Contact: Stephen Weinstein Marketing Communications Manager (262) 691-8241 Stephen.Weinstein@CooperIndustries.com Yvette Ruffin Senior Manager of Corporate Communications (919) 250-5512 Yvette.Ruffin@us.elster.com Elster and Cooper Power Systems demonstrate control of distribution equipment using DNP/IP over the ENERGYAXIS® AMI network to improve system performance and reduce losses Cooper Power Systems joins the Elster Advanced Grid Infrastructure Initiative RALEIGH, NC and WAUKESHA, WI, April 20, 2010 – Cooper Power Systems, a division of Cooper Industries plc (NYSE: CBE), and Elster today announced that Cooper Power Systems has joined Elster’s Advanced Grid Infrastructure (AGI) Initiative. The AGI Initiative is a collaborative effort between utilities, Elster and key technology providers to create innovative solutions to modernize and improve the operation and reliability of utility distribution networks. One of the major objectives of the AGI Initiative is to leverage advanced metering infrastructure (AMI) to enable smart grid applications for the distribution system. Elster and Cooper Power Systems have successfully demonstrated DNP/IP SCADA communications through Elster’s EnergyAxis AMI system and Cooper Power Systems intelligent capacitor controller. Utilities are evaluating improved voltage control as a practical means of achieving voltage and energy conservation. Capacitor controllers such as the Cooper Power Systems CBC 7000 allow utilities to better regulate distribution voltages and reduce system loading. The integration of these leading Smart Grid technologies will allow existing SCADA management systems, or other advanced systems, such as Cooper Power Systems Yukon® Advanced Energy Services Platform, to perform standard operations over the EnergyAxis AMI Network on third party IP enabled SCADA devices, such as Cooper Power Systems CBC 7000 Series Capacitor Bank Controllers. “Our collaboration with Cooper Power Systems demonstrates Elster’s commitment to helping utilities leverage their AMI investment to improve customer service and easily realize energy conservation using their AMI systems,” said David G. Hart, executive vice president of systems and products at Elster. “The interoperability of Elster’s EnergyAxis system allows utilities to integrate technologies such as those offered by Cooper Power Systems for smarter grid management. Partners such as Cooper Power Systems have allowed us to deliver smart grid applications that modernize the grid using AMI,” Hart added “EnergyAxis customers can utilize Yukon’s Integrated Volt/VAR application and capacitor bank controls for voltage and power factor optimization, increasing efficient energy delivery to the home, reducing -More- Cooper Power Systems and Elster – Page 2 system losses and the customer’s carbon footprint,” said Tom Pitstick, vice president and general manager of the Energy Automation Solutions division at Cooper Power Systems. “The Yukon platform is a field proven, feature rich platform, with more than 200 systems deployed since 2000. This partnership, with an industry leader like Elster, highlights the importance of flexible data integration across various networks and systems within smart grid deployments,” Pitstick added. Realizing that innovative smart grid applications utilizing AMI systems would require cooperation between utilities and technology providers, Elster began the AGI initiative several years ago. The AGI initiative has allowed Elster and its collaborators to deploy new innovative applications using AMI. EnergyAxis, a field-proven Smart Grid solution with more than 3.5 million endpoints deployed with utilities across North America, enables utilities to realize grid modernization applications such as: Power Factor Correction Voltage conservation to reduce energy consumption Voltage monitoring across the distribution grid Load shedding Outage detection Transformer monitoring Detection of non-technical losses Cooper Power Systems: Commitment to Smart Grid: Cooper Power Systems has long been a provider of comprehensive reliability and productivity solutions for utility, commercial and industrial customers. The Energy Automation Solutions (EAS) group within Cooper Power Systems is a leading provider of innovative smart grid technologies and solutions that enable customers to optimize their electrical grid performance. These solutions include Advanced Metering Infrastructure (AMI), Demand Response (DR), Smart Sensors, Power Systems Engineering Software and Services, Substation Automation and Feeder Automation. About Cooper Power Systems Cooper Power Systems, Inc., with 2009 revenues of approximately $1.1 billion, is a division of Cooper Industries plc (NYSE: CBE). Cooper Power Systems is a global manufacturer of world-class power delivery and reliability solutions for the electrical and industrial markets. Through its Energy Automation Solutions group, it is also a leading provider of software, communications and integration solutions that enable customers to increase productivity, improve system reliability, and reduce costs. For more information, please visit www.cooperpower.com or cooperpowereas.com. About Cooper Industries Cooper Industries plc (NYSE: CBE) is a global manufacturer with 2009 revenues of $5.1 billion, approximately eighty-nine percent of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosionproof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several longterm growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for Cooper Power Systems – Page 3 improved electrical safety. In 2009, sixty-one percent of total sales were to customers in the industrial and utility end-markets and thirty-nine percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2009. For more information, visit the website at www.cooperindustries.com. About Elster Elster is one of the world’s largest providers of electricity, gas and water meters, and related communications, networking and software solutions, which are key components for enabling energy efficiency and conservation. Its products and solutions are widely used by customers in the manualread meter and Smart Grid markets. Elster has one of the most extensive installed meter bases in the world, with more than 200 million metering devices deployed over the course of the last 10 years. It sells its products and services in more than 130 countries across electricity, gas, water and multi-utility applications for residential, commercial and industrial customers. With a heritage of more than 170 years of providing metering solutions, Elster enjoys a reputation as a leading innovator and plays an important role in shaping industry standards with respect to performance, reliability, accuracy and functionality. Elster was acquired by funds advised by CVC Capital Partners in September 2005. In 2008, Elster generated revenues of €1.3 billion, or $1.9 billion. For more information about Elster, please visit www.elster.com ###