PRESS RELEASE
(FOR IMMEDIATE RELEASE)
Nuvolt Corporation announces the launching of the commercial version of SMARTSCAN at the
World AG Expo in Tulare, California on February 9, 2010 as well as the signing of a distribution
agreement with Navware Canada Inc. for the marketing of SMARTSCAN for commercial
vessels.
Levis (Quebec), January 7, 2010. Nuvolt Corporation ("Nuvolt") (TSX-V: NCO) today announces the launching of the
commercial version of SMARTSCAN, its equipment monitoring system. Jacques Dion announces that Nuvolt is
beginning the commercial distribution of SMARTSCAN, its flagship product, after more than three years of
research and development activities and over $3 million in investments. SMARTSCAN will be officially launched in
February at the World Ag Expo, the largest agricultural show in North America, and the first deliveries are planned
for April/May.
In the words of Jacques Dion, President and Chief Executive Officer of Nuvolt, "the SMARTSCAN system will
revolutionize electrical network and equipment monitoring. SMARTSCAN is a cutting edge product because it is
able to predict an electrical failure and in so doing anticipate production shutdowns on industrial production lines
and equipment breakdowns in various applications including commercial vessels, as well as risks of fire on
commercial real estate properties. In addition, this system also protects both equipment and animals on livestock
farms."
Moreover, Jacques Dion adds that: "SMARTSCAN is also revolutionary from the standpoint of its design. Indeed, it
connects directly to circuit-breakers, continuously monitors the electric current, detects an electrical perturbation
and analyzes it. By means of interfaces, it wirelessly transfers the information to an expert management software
program. Finally, SMARTSCAN’s price is also revolutionary, making it possible to offer a mass-market product".
Furthermore, Nuvolt also announces a distribution agreement with Navware Canada Inc., a company specializing
in the distribution of equipment and product software programs designed for commercial vessels. Senior officers
of Navware consider that SMARTSCAN offers a huge sales potential when it comes to preventive maintenance on
the electrical network of vessels. In the words of Paul E. Barbeau, President of Navware: "The cost of maintaining
on-board electrical equipment represents 20% of a vessel’s total maintenance costs". According to Jacques
Dion,”the sales potential associated with this 10-year agreement with Navware is on the order of several ten
million dollars. The ability of SMARTSCAN to remotely transfer via satellite the results of the analysis of a vessel’s
electrical network is a major asset that Nuvolt and Navware intend to fully exploit".
About Nuvolt
Nuvolt has developed a specialized expertise in the management of electrical failures, power quality, the detection
and neutralization of leakage current, as well as electrical network monitoring systems.
Nuvolt has devoted a great deal of energy to and has made major investments in the development of the
SMARTSCAN project. The SMARTSCAN system is user friendly product that can be distributed by independent
distributors active in specialized sectors including the farming, commercial and industrial sectors.
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