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PARSONS TO DESIGN, BUILD IRAQI PUBLIC BUILDINGS

PASADENA - Parsons has received a contract valued up to $500 million from the Department of Defense through the Coalition Provisional Authority Program Management Office (PMO) to design and renovate over 1,000 buildings in Iraq, including educational facilities and health clinics.

The two-year contract begins immediately and allows for three one-year options to extend the work, if necessary.

The facilities include medical clinics, elementary schools and high schools located throughout the 18 Governorates (states) in Iraq. The public buildings are mostly ministry buildings in the Baghdad area.

Parsons also managed construction of schools and hospitals in Bosnia, Kosovo, and Saudi Arabia.

GE ENERGY TO SUPPLY WIND TURBINES FOR CANADIAN PROJECT

CHICAGO - GE Energy has been selected as the turbine supplier for the 30-megawatt Magrath Wind Power Project in southern Alberta, Canada. 

GE will provide 20 of its 1.5-megawatt wind turbines for the project, which is being co-developed by Suncor Energy Inc. of Calgary, Alberta and EHN Windpower Canada, Inc., a subsidiary of Corporacion Energia Hidroelectrica de Navarra, S.A. (EHN) of Spain.

GE's 1.5-megawatt machines are the largest wind turbines currently assembled in North America and are among the most widely sold and tested wind turbines in their size category, with more than 2,200 units installed worldwide.

The wind turbines for the Magrath project - located about 200 miles southeast of Calgary, Alberta - will be assembled at GE Energy's facilities in Tehachapi, California.
 
Installation of the GE wind turbines is expected to begin in May of 2004 and completion is anticipated in August 2004. The project's estimated generation, 90,000 megawatt-hours, is enough to meet the annual demands of approximately 13,000 Canadian homes.

Believed to be the largest wind facility in Canada to be developed solely on a merchant basis, the Magrath project's clean, wind-fueled electricity will be sold to the Alberta Power Pool, which was the first spot electricity market in North America.

PENTADYNE SIGNS GERMAN DISTRIBUTION AGREEMENT

CHATSWORTH - The Pentadyne Corp. has entered into a distribution agreement with EUS GmbH, with headquarters in Dortmund, Germany, to deliver two of its revolutionary new Voltage Support Solution flywheel power systems to be used in parallel with UPS and microturbine applications.

Both projects are being financed by the local German government of North Rhine-Westphalia and the European Union. EUS and Pentadyne also entered into a value-added reseller (VAR) agreement for distributing the Pentadyne VSS products in Germany.
 
By the end of June, Pentadyne will install a VSS 120 unit in Germany to demonstrate how the flywheel power system can replace batteries in a UPS unit to improve reliability and costs associated with short battery life spans.

In a separate distributed generation (DG) demonstration in Oberhausen, Germany, the VSS 120 will work in tandem with a microturbine to provide voltage stabilization during off-grid operation.
 
Pentadyne's flywheel system provides a low maintenance, extended-life DC voltage source to either replace or supplement batteries in UPS systems. During a grid disturbance, the VSS 120 can provide sufficient ride-through for an orderly system shutdown or until a standby engine-generator can come on-line.

When used with distributed generation systems in off-grid applications, the VSS provides voltage stabilization during changing load conditions and when connected to most European UPS models, a single Model VSS 120 provides sufficient power to support loads up to 120 kVA.

Multiple VSS units in parallel provide economic ride-through for power levels up to 2 MW.

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