BREAKING NEWS - Fluke Acquires Reliable Power Meters (RPM)

April 19, 2002
Fluke Corporation, the global leader in electrical test and measurement technology, has acquired California-based Reliable Power Meters (RPM) for an undisclosed price. The sale of the leading manufacturer of power quality monitoring and analysis technology was finalized on April 15.

EVERETT, WA -- Fluke Corporation, the global leader in electrical test and measurement technology, has acquired California-based Reliable Power Meters (RPM) for an undisclosed price. The sale of the leading manufacturer of power quality monitoring and analysis technology was finalized on April 15.

"Fluke has been active in the power quality market for many years," noted Jim Lico, president of Fluke. "But to this point our products have been designed solely for single phase applications. The acquisition of RPM positions us well in the three-phase segment of the power quality market. Like us, RPM has a strong commitment to their customers. They listen to the customer, and then deliver products and services that go beyond the customer’s expectations.”

Founded in 1992 by a group of industry veterans, RPM products allow its customers to monitor and analyze power flow and quality. This provides valuable data which can be used to point out existing problems as well as identify potential future problems before they occur. RPM’s products are used in the utilities, industrial and commercial markets. Its customer base includes such well-known companies as American Express, Fidelity Investments, America OnLine, and EDS Corporation. The operation of these companies is reliant on massive data centers which must be accessible 24 hours a day, seven days a week.

“What we offer our customers is a set of comprehensive products including portable and permanently-installed three-phase power monitors that employ Full Disclosure™ measurement technology that eliminates the guesswork of manually set thresholds,” said RPM President Robert Moore, a company founder. “Power quality monitoring and analysis instrumentation is a highly competitive market. By joining the Fluke Corporation we have access to tremendous resources that will also benefit our customers. This includes Fluke’s world-class engineering, manufacturing and marketing expertise. Their product line is highly complementary to ours. In fact, we’ve been selling a Fluke handheld power quality analyzer for several years.”

Fluke plans to integrate RPM’s product line into its Electrical Products organization. Moore will continue as the organization’s president through June, after which he will be on an extended consulting contract to facilitate the organization’s transition into Fluke. There are no immediate changes planned for RPM’s worldwide network of sales, service and technical support services. RPM products will continue to be marketed and sold out of the RPM office in Los Gatos.

“RPM is a well run company,” noted Lico. “We plan to build on the strengths they’ve created in the area of service and support, while adding value through technologies that help customers meet their power quality needs.”

In 1997, research firm Frost & Sullivan identified RPM as a leading supplier of power monitoring equipment and as the market leader in transportable power quality instrumentation in 1999. More recently, Frost & Sullivan awarded RPM its 2002 Technology Marketing Innovation Award for its Full Disclosure measurement technique.

For more information on RPM, visit www.reliablemeters.com. Fluke Corporation, a wholly owned subsidiary of Danaher Corporation (NYSE: DHR), is a world leader in the development and manufacture of compact, professional electronic test tools. Fluke products are used by technicians and engineers in service, installation, maintenance, manufacturing test and quality functions in a variety of industries throughout the world. Founded in 1948, Fluke has more than 2,400 employees worldwide and distributes its products in over 100 countries. The company's international headquarters are in Everett, WA, USA, with European sales and service headquarters located in Eindhoven, The Netherlands. For more information contact Fluke Corporation, P.O. Box 9090, Everett, WA USA 98206, call (800) 44-FLUKE, fax (425) 446-5116, or visit www.Fluke.com.

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