This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

CUI Global, Inc. Announces Receipt Of A North American Purchase Order For Delivery Of 150 Vergence® GasPT2 Metering Devices

TUALATIN, Ore., Dec. 11, 2012 /PRNewswire/ --  CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced it has received a purchase order from Energy Measurement Consulting LLC (EMC), its North American distributor based in Houston, Texas, for 150 Vergence® GasPT2 Devices. 

(Logo: http://photos.prnewswire.com/prnh/20120320/FL72629LOGO )

CUI Global's President & CEO, William J. Clough, stated, "This purchase order from EMC demonstrates their confidence in the Vergence product and their ability to sell the device."

EMC is introducing the Vergence product at POWER-GEN International, being held in Orlando, Florida from December 11 th through the 13 th.  The POWER-GEN International trade show is dedicated to providing the power generation industry with networking, new product introduction, "problem-solving" seminars and more. 

Recognized as one of the top 200 largest tradeshows in the U.S., POWER-GEN International includes over 1,200 exhibiting companies and more than 20,000 qualified power generation professionals. It is an internationally recognized showcase for products and services such as controls and instrumentation systems for the Natural Gas Turbine Industry.  For more information, please visit www.power-gen.com.

As explained by EMC's president, Brian McKenzie, "This initial purchase order coupled with our appearance at POWER-GEN International will allow us to present and deliver the GasPT2 device to the world's largest, most influential gas turbine manufacturers and operators all in one venue.  We are very confident that these industry professionals will immediately recognize the value of this unique technology."

"The purchase order from EMC demonstrates the company's continuing effort to penetrate the natural gas market with what we believe is a 'sea change' technology," Clough continued.  "Our Vergence GasPT2 metering device allows the natural gas operator/producer to manage changing gas quality in 'real-time' with a device (the GasPT2) that is cheaper, faster, more efficient, almost maintenance-free, and just as accurate as currently available technologies," Clough concluded.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs