Stmt reProducts Certification

ABB Ltd 2 July 2002 ABB certifies 10,000 products to new standard Industrial IT deployment project on target to reach 40,000 by year-end Zurich, Switzerland, July 02, 2002 - ABB, the power and automation technology group, said today it has certified 10,000 products to a new industrial information technology standard, taking the company one step closer to its year-end goal of certifying all 40,000 relevant ABB products and product groups. 'Bringing all our power and automation products and services into a single information framework is key to helping make our customers more competitive,' said Jorgen Centerman, ABB president and CEO. 'At the same time, it allows us to sharpen our portfolio, improve the integration of our products and services into solutions, and to strengthen the ABB brand.' Industrial IT is ABB's patented concept for linking products and services together with the information needed to run, service, and maintain them. Open standard software allows production line operators or energy systems managers to immediately access the information needed to make crucial decisions. ABB had 'Industrial IT Enabled' some 900 products at year-end 2001 and 3,000 products in February 2002. Each Industrial IT Enabled product offers uniform electronic tools for documentation, configuration and connectivity. The tools are bundled in a piece of software called an 'Aspect Object.' When this software is copied and pasted into a customer's power or automation system, a virtual version of the real product is enabled for use. Basically, this means an operator of an electrical grid, power plant or factory can click on the virtual product and get instructions, remote control and diagnostics, maintenance records and other asset management information. ABB's 10,000th certified product, the Control IT Remote (Input/Output) System S900, manages signals between plant control systems, sensors and actuators. It can now be installed near plant devices to reduce wiring costs, and ensure quick access to all the aforementioned information. To date, more than 100 large customers have purchased ABB's Industrial IT products and services. Industrial IT certification is mandatory for all ABB products. A number of third-party products have also been certified in cooperation with the company. For example, Bosch Rexroth, a German supplier of drive and motion control solutions, last week announced an agreement to certify its full line of pneumatic components. The company will certify more than 1,200 product types to Industrial IT standards to improve product information and make it more consistent. For more information, please see the accompanying 'frequently asked questions' document about Industrial IT on www.abb.com. ABB (www.abb.com) is a global leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies employs 152,000 and operates in more than 100 countries worldwide. This information is provided by RNS The company news service from the London Stock Exchange

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