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May 2, 2002
Cheng Power Systems Announces Manufacturing Services Agreement with SolectronSolectron to Provide Supply-Chain Services for Control Circuitry Used In Company’s Universal Electric Machine MOUNTAIN VIEW, Calif. -- Cheng Power Systems, Inc., a supplier of innovative technology solutions for power generators and users, announced it has selected Solectron Corporation, the leading provider of electronics manufacturing and supply-chain management services, to design and manufacture control circuitry for Cheng’s Universal Electric Machine (UEM) variable-frequency AC generators. Under the terms of the agreement Solectron will provide design, quick-turn prototyping, manufacturing and testing services for the control circuitry of two classes of UEM generators. Cheng Power System’s UEM generators are designed for use in reciprocating engine and combustion turbine generator sets, providing increased power and efficiency, as well as enabling lower emissions. “To have Solectron agree to help Cheng launch the UEM generator product line is an honor,” said Bill Colston, President and CEO of Cheng Power Systems. “This partnership takes advantage of Solectron’s power electronics expertise and services, enabling faster time to market and production at the lowest total cost.” “We are pleased to provide manufacturing services to Cheng Power Systems,” said Robert Raos, mechanical engineering director, Solectron. “Our electronic design and packaging expertise enables greater efficiency and energy capacity for power electronics and related control circuitry.” Cheng’s UEM electric generators enable engines to operate at greater than synchronous speed for a significant increase in electric power output. The engines can also be operated at their optimal speed for peak efficiency and lowest emissions while generating power at an electrical frequency selected by the operator. Manufacturers can now serve both the 50-Hz and 60-Hz electrical markets with a single product line, while realizing more net salable power from their existing generator sets without making any changes to the prime mover engine. Cheng Power Systems supplies innovative emissions controls and power augmentation technologies for combustion turbines, electrical power generation equipment, industrial motors and generators, and gas-fired boilers and industrial process equipment. The Company’s proprietary products and technologies serve large, well-established markets for utility-scale generation, industrial combined heat and power generation and distributed generation. Cheng’s combustion turbine steam injection technology, which can be retrofit to existing plants, provides equipment operators with a complete solution, whereby they can meet strict environmental compliance standards while also increasing their power output and efficiency. Solectron Corporation (www.solectron.com) provides a full range of global manufacturing and supply-chain management services to the world’s premier high-tech electronics companies. Solectron’s offerings include new-product design and introduction services, materials management, high-tech product manufacturing, and product warranty and end-of-life support. Solectron, the first two-time winner of the Malcolm Baldrige National Quality Award, has a full range of industry-leading capabilities on five continents. Its headquarters are in Milpitas, Calif. Caution regarding forward-looking statements: Some of the statements provided in this release include forward-looking information, in addition to historical information. Mirant cautions that there can be no assurance that such indicative results will be realized and that there are various important factors that could cause actual results to differ materially from those indicated in the forward-looking statements, such as, but not limited to (i) adverse changes in government regulations (including environmental regulations); (ii) additional competition in CPS's product markets; (iii) potential business strategies, including acquisitions or dispositions of assets that CPS may pursue; (iv) political, legal, market and economic conditions and developments in CPS’s markets; (v) financial market conditions and the results of financing efforts; and (vi) other factors or developments negatively affecting CPS’s development and commercialization of its products. |
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by dejavuMedia |