Sterling, VA, Nov. 9, 2000 — Sutron Corporation, a provider of real-time water and weather remote monitoring and control systems, and one of its partners in China, NARI, have successfully won two major projects in China.
Last year Sutron entered into an agreement to cooperate with NARI, the Nanjing Automation Research Institute under the Ministry of Electric Power, to work together on a variety of projects. Sutron estimates total revenues for the year 2000 from its contracts in China will be over $250,000.
The first project is to provide 60 flood warning stations to the Shanghai Flood Risk Information Center in Shanghai. Sutron has delivered the first 10 stations to NARI and an additional 50 stations will be delivered in December 2000. Installation and final acceptance testing for the flood warning stations will be the responsibility of NARI. The value of this contract to Sutron is approximately $180,000.
The second project is divided into phases. Phase I calls for Sutron to provide 10 hydrological stations for China
The stations will transmit data through INMARSAT, a satellite system that provides world-wide coverage, and also transmit data by telephone. The data will be received at the Central Data Center located at the Three Gorge Dam. The value to Sutron of Phase I is approximately $50,000. Phase II expands the contract by 60 additional stations.
While in China last week, Dr. Raul McQuivey, President of Sutron, signed an agreement with Shine Tek, a company within the China Meteorological Administration, to certify Sutron's Data Collection Platform (DCP).
Sutron's DCP will be certified to communicate with China's new meteorological satellite, FY-2. FY-2 certification opens the door to tremendous opportunities for Sutron to provide DCPs and Digital Direct Readout Ground Stations to China in the future. Currently, Sutron has about 7,500 DCPs operating on a similar satellite system (GOES) which covers North and South America.
