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"Irvine, Calif., & Copenhagen, Denmark Feb. 7, 2001 - Wonderware Corporation announced today it has signed a memorandum of understanding to acquire certain assets of Industrial Communications Group AS, its distributor in the Scandinavian countries of Europe."

"The acquisition will enable Wonderware to sell its FactorySuite 2000 and MaintenanceSuite industrial automation software products directly to end users, original equipment manufacturers (OEMs) and value-added resellers in Norway, Sweden and Denmark. The acquisition is expected to be completed during the first quarter of 2001 for an undisclosed amount of cash.

"The Scandinavian markets have always been very important for us, and our colleagues in these three countries have done an outstanding job in selling and supporting our automation software systems," said Joe Cowan, Wonderware president. "We have patterned this acquisition on our successful German operations, which similarly began as a supplier/distributor relationship and grew to our bringing them in-house as an integral part of the company.

"This instantly gives Wonderware a solid organization to serve Scandinavian customers, with about 50 employees in the three countries providing sales, marketing, consulting services and technical support to more than 1,000 customers of all sizes," Cowan added. "The IC Group has been one of our most active distributors in offering system analysis and design services to their customers as well as partnering with key system integrators to then deliver those solutions. Our plan is to leverage their resources in this area to offer the same level of consulting services throughout our European, Middle Eastern and African regions."


"The IC Group’s approach to consulting services dovetails nicely with our long term strategy to provide more services to clients around the world," Cowan noted. "They have especially strong domain expertise in industries such as dairy, packaging, steel and metals, pulp and paper, and the marine industries - with their list of key customers that includes industrial giants such as ABB, Tetra Pak, DLG, Dandy Chewing Gum, Rolls Royce Marine and ERA Steel."

The new Wonderware operations in Scandinavia will be headed by Uwe Küppers, former national sales director of Wonderware GmbH, as the new Managing Director of Wonderware Scandinavia AB.

About Wonderware

Wonderware, an independent operating unit of the Invensys Software Systems (ISS) Division of Invensys plc., is the world's leading supplier of industrial automation software. Founded in 1987, the company pioneered the use of Microsoft Windows-based, human-machine-interface (HMI) automation software for manufacturing operation systems. Today, Wonderware's mission is to provide integrated software suites that drive the customer's strategic, planning and operational decision-making based on real-time plant floor information.
Recent corporate and product acquisitions have broadened Wonderware's market coverage to range from "sensor to supply chain." In addition to its HMI and manufacturing execution systems (MES) products, Wonderware offers leading enterprise asset management (EAM) solutions as well as strategic consulting services.

Wonderware is based in Irvine, Calif., and has regional sales and development offices throughout North America, Europe, Latin America and Asia to provide support to its network of more than 160 independent distributor offices. Wonderware has more than 180,000 successful software installations in more than 25,000 plants worldwide. For more information, visit the Wonderware home page at: http://www.wonderware.com


About Invensys

Invensys plc is a global leader in the automation and controls industry. With its head office in London, England it operates in all regions of the world through four focused divisions - software systems, automation systems, power systems and control systems. With more than 90,000 employees, the company's products and services range from advanced control systems and networks for automating industrial plants and controlling the environments of buildings, to electronic devices and controls found in residential buildings and light commercial applications, plus complete power systems for the telecommunications and information technology industries. For more information, visit the Invensys home page at http://www.invensys.com



Editorial contact:

Vicki Stowe

Wonderware

Tel: 001 949/453-6568

vicki.stowe@wonderware.com


Jim Crowther

Ad-Lib International Limited

Tel: +44 (0) 118 9744189

jim@adlibinternational.com

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