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Published in Stocks and Investing on Monday, June 28th 2010 at 6:10 GMT by Market Wire
CFE Stockpiling RStandard(R) Poles for Emergency Response Situations
CALGARY, June 28 /CNW/ - RS Technologies Inc. ("RS") (RS - TSX), a technology innovator and manufacturer of advanced composite products for infrastructure markets, announces it has fulfilled an order to ship six truckloads of RStandard(R) composite utility poles to Mexico's Federal Electricity Commission (CFE) to serve as an initial emergency stockpile. This is RS's first order with CFE and within Mexico.
CFE, Mexico's sole electricity generation, transmission and distribution company, plans to use this initial order of RStandard composite poles for emergency restoration situations in its grid locations along Mexico's coastline, which is subject to periodic severe weather events.
"This initial order with CFE is another step in our efforts to broaden the market for our RStandard poles in North America," said Paul Giannelia, president and chief executive officer of RS. "We welcome the opportunity to have our poles used for emergency service restoration in high risk areas, such as CFE's hurricane prone coastlines. Our poles are well suited for this use as they can increase the safety and speed in which a utility can restore power."
About RS
RS is an ISO 9001:2008 certified technology innovator that develops advanced composite material products for infrastructure markets. The composite products manufactured using the company's proprietary resins and processes are typically lighter, more durable and longer-lasting than competing products made from the traditional building blocks of wood, steel or concrete. RS's flagship product is its award-winning RStandard(R) composite pole. The pole is used as transmission and distribution poles to carry electric grids and as communication structures for various uses including wireless networks and microwave communications systems.
For the latest on RS's developments, go to the company's website at [ www.grouprsi.com ].
"RStandard" is a registered trademark of RS.
