Major U.S. Mid-Atlantic Utility Selects BPL Global's Serveron to Supply On-line Transformer Monitors

PITTSBURGH, PA, March 11, 2008 – BPL Global announced today it was selected by a major U.S. mid-Atlantic region investor-owned utility through its Serveron subsidiary to be its exclusive supplier of on‑line monitors for this power company’s fleet of power transformers.

Under terms of the multi-year contract, Serveron has already shipped the first installment of 30 monitors, with a value for the initial order of more than $1 million. Serveron, a BPL Global Company, is a leading provider of smart grid technology that enables electric utilities to improve reliability, reduce maintenance costs and optimize capital expenditures for power transformers, the largest asset class in the electric grid.

Dermot O’Leary, Serveron’s vice president and general manager, said: “The selection of our on-line transformer monitoring technology and expertise shows that this major utility’s operating management is in tune with the power industry’s growing commitment to reliability and to protecting the critical assets of power transformer fleets.”

On-site, on-line transformer monitoring is a proven solution enabling electric utilities to manage transformer assets more reliably, operate them with a greater margin of safety and minimize or safely postpone the costs of repairing or replacing these valuable assets. The cost of purchasing new power transformers can range from about $500,000 to more than $10 million each.

In addition to the significant Serveron order, more than 25 other major electric utilities in the United States are committed to new voluntary transformer-monitoring standards to help prevent transformer failures. Serveron markets its advanced dissolved gas analysis transformer monitoring technology to electric utilities, and other power generation, transmission and distribution organizations in the U.S. and around the world.

About BPL Global
BPL Global, Ltd. (BPLG) is a smart grid technology company dedicated to leading the transformation of how energy and information are delivered. 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. For more information, please visit www.serveron.com.