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News and Events Nextron awarded Pennsylvania contractNews Release August 6, 2003 - Nextron Corporation announced it has been awarded a $260,000 contract through its representatives in Darby, Pennsylvania to supply custom engineered temperature control panels for a newly constructed 2000 MW co-generation facility located in Fairless Hills, Pennsylvania. Co-generation has been the fastest growing application for Nextron products in the U.S since 2001. National demand for power plants has increased by 1,300 percent in the U.S. as reported in December 2001 at the Power Energy Convention in Las Vegas. As reported in 2002, over the next five years, nearly 700 new plants are planned for construction, creating significant opportunities for Nextron. Nextron Corporation is a high technology company whose core business is the design, production and marketing of industrial electronic products with strategic planning initiatives that focus entirely on products for use in temperature control applications. The Temperature Control products are used in various industries and applications for single to multiple circuit monitoring and control of electrical heat tracing systems. Applications can be categorized as basic in system design to more sophisticated design approaches that incorporate Nextron Corporation's custom software application and communications protocol. All temperature control products manufactured by Nextron Corporation are tested and certified to the stringent standards established by certifying agencies and carry Canadian Standard Association (CSA) and Factory Mutual (FM) approvals. In addition, Nextron Corporation carries registration with QMI forInternational Standard Organization requirements for ISO-9001 and maintains an infrastructure to support this quality managed system. Products are distributed through several channels, stocking distributors, original equipment manufacturers (OEM), and service companies. The markets served are primarily in North America with some end users in countries outside North America. The Company is a reporting issuer in British Columbia and Alberta, and trades on the TSX Venture Exchange under the symbol NXT. For more information contact: Nextron Corporation, Investor Relations Phone: (403) 735-9555 Ext. 263 |
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