micatu website press releases04262016

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MEASURING THE Approved for Release: Micatu Formally Awarded NYSERDA PON 2942 “Advanced Clean Power Technologies”. Horseheads, NY, April 26, 2016 — Micatu, Inc. provider of next generation optical based sensors for the utility and wind turbine industry, announced today that they have been formally awarded a NYSERDA PON (Program Opportunity Notice) No. 2942, for “Advanced Clean Power Technologies”. The New York State Energy Research and Development Authority, known as NYSERDA, promotes energy efficiency and the use of renewable energy sources. “Micatu is pleased to be developing advanced technologies that help support NYS Clean Power initiatives. The Micatu solution, called PHOCOM, is intended to deliver a very cost effective solution that leverages patented, high-performing optical sensors, networked with off- the-shelf fiber optic components stated Michael Oshetski, CEO of Micatu, Inc.” “We have done a lot of research in the renewable energy market segment and there appears to be a “sweet spot” in bringing down the cost curve for condition monitoring applications used in wind turbines. Micatu is uniquely positioned to provide a revolutionary new “photonic sensing technology” that allows wind farm operators to meet their ROI targets as well as improve the accuracy of their vibration measurements said Mike Jagielski – Micatu’s Chief Operating Officer”. MICATU, INCORPORATED. 315 DANIEL ZENKER DRIVE HORSEHEADS, NEW YORK 14845, USA PHONE: 1-888-705-8836 FAX: 1-888-715-8672 [email protected] www.micatu.com

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Page 1: Micatu Website Press Releases04262016

MEASURING THE FUTURE ™

Approved for Release: Micatu Formally Awarded NYSERDA PON 2942 “Advanced Clean Power Technologies”.

Horseheads, NY, April 26, 2016 — Micatu, Inc. provider of next generation optical based sensors for the utility and wind turbine industry, announced today that they have been formally awarded a NYSERDA PON (Program Opportunity Notice) No. 2942, for “Advanced Clean Power Technologies”. The New York State Energy Research and Development Authority, known as NYSERDA, promotes energy efficiency and the use of renewable energy sources.

“Micatu is pleased to be developing advanced technologies that help support NYS Clean Power initiatives. The Micatu solution, called PHOCOM, is intended to deliver a very cost effective solutionthat leverages patented, high-performing optical sensors, networked with off-the-shelf fiber opticcomponents stated Michael Oshetski, CEO of Micatu, Inc.”

“We have done a lot of research in the renewable energy market segment and there appears to be a “sweet spot” in bringing down the cost curve for condition monitoring applications used in wind turbines. Micatu is uniquely positioned to provide a revolutionary new “photonic sensing technology” that allows wind farm operators to meet their ROI targets as well as improve the accuracy of their vibration measurements said Mike Jagielski – Micatu’s Chief Operating Officer”.

Dr. Atul Pradhan, Micatu’s Chief Technology Officer added: “While this PON award is for “Advanced Clean Power Technologies”, the application of our photonic vibration sensing technology can be applied to other environments (such as turbines, generators, transformers, fans, etc.) essentially providing additional benefits (Remote Condition Monitoring, RF/EMI Resistance) that are inherent to fiber optic based solutions”.

MICATU, INCORPORATED.315 DANIEL ZENKER DRIVEHORSEHEADS, NEW YORK 14845, USAPHONE: 1-888-705-8836FAX: [email protected]

Page 2: Micatu Website Press Releases04262016

MEASURING THE FUTURE ™

About Micatu: Micatu, Inc. provides sensors that fundamentally change the way the world senses with light. We revolutionize optical sensor technologies that provide next generation measurement capabilities in the areas of smart grid, wind, power, transmission, navigation and aerospace. For more information, please visit us on the web at: www.micatu.com.

MICATU, INCORPORATED.315 DANIEL ZENKER DRIVEHORSEHEADS, NEW YORK 14845, USAPHONE: 1-888-705-8836FAX: [email protected]