OptiCon and PowerCon Begin Joint Venture

December 9, 2009

The companies have joined forces to create intelligent electronic devices, sensors, and security-related components to support smart grid infrastructures.

ST. PETERSBURG, FL /Marketwire/ -- OptiCon Systems Inc., a global provider of Operational Support System software applications for the telecommunications and energy industry, announced that it and PowerCon Systems, have incorporated a joint venture company to manufacture intelligent electronic devices, sensors, and security-related components for the energy and the utility sector. The new company, American Made Power Corporation (AMPCO), will manufacture secure smart grid– and utility-related hardware in the U.S., beginning in 2010.

"With the ever-increasing threat of Cyber-Terrorism, American Made Power Corporation will be focused on products that add a security layer to existing components in the power grid, as well as new product lines. We are excited by the manufacturing jobs opportunities created by AMPCO in the evolving energy sector in the USA and potential of revenue globally," said Paul J. Aiello, CEO of OptiCon Systems.

About OptiCon Systems
OptiCon Systems Inc., through its subsidiary, provides wireline, wireless, and fiber-optics network management solutions, offering proprietary state-of-the-art software, professional services, and integrated systems. OptiCon systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical- and logical-layer management, fault detection, and delivery of information. The scalability of the software systems permits the company to target large communications and telecom companies, servicing millions of global customers, to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES), which is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults and service degradation and other power and optical events to within plus or minus 5 ft. of the event, and produces a global positioning system location for the outage to an approximate 5 ft. section of cable.

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