BPL Global Participates in Dubai Conference

Dubai City, February 10, 2008: BPL Global Middle East announced its participation in the Middle East Electricity 2008 (MEE) Exhibition and Conference that will take place in Dubai from Feb. 10--13.

BPL Global Middle East is a Joint Venture between US-based BPL Global™ Ltd., a smart grid technology company dedicated to leading the transformation of energy and information delivery, and Kuwait-based Al-Deera International Communications, part of Al-Deera Holding’s portfolio of companies.

With an expected 35 percent increase in worldwide power demand during the next 10 years, adding new generation capacity cannot happen fast enough to keep up. Demand for clean, green energy solutions, resulting from global warming and increasing public scrutiny of utility emissions, is another key factor slowing down the process to build traditional carbon-fuelled power plants. The growing gap between electric supply and demand is creating a critical reliability issue leading to an increasing frequency of blackouts. Unreliable power delivery will adversely impact growth of local economies. BPL Global ME is directly addressing these global needs for better energy efficiency and reliability with our comprehensive Power SG™ software solution.

Pascal Julienne, president executive director for BPL Global EMEA (Europe, Middle East & Africa), will give a presentation about “Efficient Power Management” on Sunday, Feb. 10 at 5 p.m. as part of the MEE seminar program. “Our Power SG™ software solution spans the electricity transmission and distribution network providing efficient power management on a global utility basis,” said Pascal Julienne. BPL Global ME will demonstrate its Power SG™ solution at booth #3A30 in Hall 3 at MEE.

“Utilities worldwide are deploying new technologies on a path toward the widely discussed vision of the “Smart Grid” – the 21st century electric power grid that is energy efficient, self-healing, robust against outages and attacks, providing high-quality, clean and reliable power, and optimizing assets and operations efficiency,” said Maha Abbas, Chief Operating Officer Al-Deera International Communications. “Now such grids will be available in the Middle East through BPL Global ME.”

Smart Grid applications include demand and load management, distribution reliability, transformer monitoring, network monitoring and management, energy theft detection, advanced metering infrastructure as well as communications.
 

About BPL Global
BPL Global, Ltd. (BPLG) is a smart grid technology company dedicated to leading the transformation of energy and information delivery. The company provides software solutions to electric utilities enabling an intelligent grid to more efficiently manage demand, integrate distributed energy resources, improve service reliability, and optimize cost and capital productivity.

BPL Global partners with local utilities, ISPs, equipment suppliers and financiers to create end-to-end solutions integrating the best in software, communications, hardware and managed services to aggressively deploy our solutions around the world. Part of the clean technology sector of the electric utility industry, our applications provide the critical foundation for a coordinated, intelligent grid to deliver energy more efficiently for a greener environment..

A consortium of Kuwaiti companies are key investors in BPL Global including Al-Deera Holding Company K.S.C.C (KSE: ALDEERA), International Financial Advisors (KSE: IFA), International Finance Company (KSE: IFC), and Kuwait Holding Company.

Visit BPL Global on the Web at www.bplglobal.net.
 

About Al-Deera Holding
Established in 1998, Al-Deera Holding is a Kuwaiti shareholding company (Ticker: ALDEERA), listed on the Kuwaiti Stock Exchange since 2005, Al-Deera Holding Company is considered as one of the leading companies in its line of business. The Company focuses on investment in private and public companies which witness strong growth.

Since its inception, ALDEERA has adopted a balanced expansion strategy that allowed for mitigating risk, while maximizing investment return. By maintaining a diversified portfolio – both in terms of the geographical and industrial distribution of investments – the company has been able to maintain steady growth in its net profits; as a result of such a strategy.

ALDEERA’s investments have also focused on building alliances and strategic partnerships that allow for developing the company’s competitive edge especially in as far as competing for top-tier business opportunities is concerned.

www.aldeeraholding.com