Nova Scotia Power Selects Schneider Electric to Implement Integrated Smart Grid Solution

HALIFAX, NS--(Marketwired - Oct 8, 2013) - Schneider Electric (PINKSHEETS: SBGSY), the global specialist in energy management, announced today that it has been selected by Nova Scotia Power to implement an Advanced Distribution Management System (ADMS) based Outage Management System (OMS) as an integrated smart grid solution to improve operational efficiencies and outage management response and restoration.

Currently in the implementation phase, the project will position Nova Scotia Power's vision to meet the challenges of increasing consumer demands for sustainable, reliable energy as well as positioning the utility for future advanced smart grid operations. The new solution utilizes the utility's existing investment in Schneider Electric's GIS technology, offering efficient network data and model management, and provides seamless, embedded OMS and DMS technologies. Using integrated voice response, work order management and crew dispatch capabilities, Nova Scotia Power will be able to efficiently monitor, analyze, and manage its network of nearly 500,000 customers for more rapid response to power outages.

According to Laurent Vernerey, executive vice president of Schneider Electric's End User Business: "This project represents a new trend in the smart grid industry, the integration of OMS as a seamless application of smart grid solutions to improve operational efficiencies and safety. We are excited to be on the forefront of offering this advanced technology to utilities around the world."

Schneider Electric's ADMS is currently deployed in more than 26 countries serving more than 88 million utility customers. It received a "strong positive" rating, the highest possible from Gartner Inc., the world's leading information technology research and advisory company, in their 2012 and 2013 reports, MarketScope for Advanced Distribution Management Systems. The Nova Scotia Power project is expected to be fully operational in late 2014.

About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centres & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 140,000 plus employees achieved sales of 24 billion euros in 2012, through an active commitment to help individuals and organizations make the most of their energy. www.schneider-electric.com