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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

CUI Global Announces Retail Sale Of Its VE TechnologyA® To The Linde Group For Use In Liquid Natural Gas Processing Plant

TUALATIN, Ore., Dec. 2, 2013 /PRNewswire/ --  CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that its wholly owned subsidiary, Orbital Gas Systems Ltd., has received an order for three (3) sampling systems using its proprietary VE Technology from The Linde Group ( www.linde.com).  The units are being ordered for installation into a Norwegian liquid natural gas ("LNG") processing facility.

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

The initial order is for three (3) specially designed probe/thermowells and has a value of £252,000 ($410,000).

The VE units will be used to optimize the costly, but vital regeneration of drier beds in a large LNG processing plant.  Drier beds are required to remove all moisture from the natural gas before liquefaction.  If moisture is allowed to break through these beds the facility may have to be shut down for essential maintenance works, often costing millions of dollars.  Moisture breaks through the beds as they become saturated over time.  A regeneration process involving blowing thousands of tons of hot gas back through the beds is periodically required to keep beds functioning effectively.  The trouble with this process is that monitoring and controlling the regeneration process is extremely difficult and the consequences of not having accurate visibility of the state of saturation can cost thousands or even millions of dollars in terms of wasteful or deficient regeneration.

Specially modified VE sample probes will be made from Inconel, a so-called "super-alloy" specifically designed for high temperature applications.  The units will have special VE probe tips and small bore sample lines.  The units will also include the VE pressure reduction system mounted on the head of the probe for precise filtration, pressure and flow control.  The VE probe and sample systems are designed for ultra-fast, accurate transport of trace components (such as moisture) to an analyzer – other systems simply cannot deliver the sample as fast or as accurate and are, therefore, not suitable for process control.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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