Cooper Industries Joins Wireless Industrial Technologies Konsortium (WiTECK)Tuesday, March 17, 2009
HOUSTON, TX — Cooper Industries, Ltd. (NYSE: CBE) today announced it has joined the Wireless Industrial Technology Konsortium (WiTECK; www.witeck.org) as a Promoter Member. Cooper is the ninth member of the group, and will hold seats on the WiTECK Board of Directors.
WiTECK is an open, non-profit membership organization working to provide a reliable, cost effective, high-quality portfolio of core enabling system software for industrial wireless sensing applications, under a company- and platform-neutral umbrella. WiTECK was founded in 2008 by leading enterprises in the industrial instrumentation, wireless components and software development industries.
Cooper Industries, Ltd. (NYSE: CBE) is a leading global manufacturer of electrical products and tools with 2008 revenues of $6.5 billion. The company expanded its product portfolio by introducing RF wireless technology in 2007 to its customer base.
OMNEX Control Systems, a business unit of the Cooper Bussmann division, has been a leader in highly reliable industrial wireless products for more than 20 years. OMNEX involvement in WiTECK will help ensure that WiTECK’s products possess the same high reliability when applied in the field.
"We welcome the contributions of Cooper Industries to the organization as we work to address the growing need for complex wireless sensor network software," said WiTECK President and Chairman, Michael Dow of Freescale Semiconductor."
WiTECK Model: Shared Development Cost of Standards-based Software
Unlike consortia or standards bodies whose principal jobs are to write specifications, the function of WiTECK is to develop software that implements existing specifications. As wireless communication standards have increased in complexity, the cost of creating core software for what is essentially standard technology has risen dramatically. Once completed, this software represents a maintenance burden to the developer and can easily become obsolete if not enhanced regularly. WiTECK was formed to share this cost and risk across a number of suppliers, yielding faster time to market and increased interoperability of products. WiTECK projects will serve the wireless automation marketplace in both process and factory automation and control. Anticipated projects are all embedded in nature: resulting software will be used as a component of products to be marketed by WiTECK’s member companies.
WiTECK's first development project is a stack based on WirelessHART
About Cooper Industries
Cooper Industries, Ltd. (NYSE: CBE) is a global manufacturer with 2008 revenues of $6.5 billion, approximately 88 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 explosion-proof 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 long-term 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 improved electrical safety. In 2008, 61 percent of total sales were to customers in the industrial and utility end-markets and 37 percent of total sales were to customers outside the United States. Cooper, which has manufacturing facilities in 23 countries as of 2008, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the web site at www.cooperindustries.com