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					P RES S I NFO RMA TI O N
CONTACTS
      Contact 1:      Stephen Ballard, Ballard Communications Management
                      email: s.ballard@ballard.co.uk tel: +44 (0) 1306 882288 mob: +44 (0) 796 895 2792
      Contact 2:      Angelika John, Invensys Process Systems EMEA
                      email: angelika.john@ips.invensys.com tel: +33 (0) 134 432668




ENPPI, GASCO and Invensys sign multimillion dollar deal in
joint venture

Invensys to train 500 Egyptian engineers in its Cairo Engineering Excellence
Centre
London and Cairo – 29 June 2008 - Ulf Henriksson, Chief Executive Officer of Invensys plc, visited
Cairo today to finalise a joint venture between Invensys Process Systems (IPS), ENPPI and GASCO that
will train hundreds of Egyptian engineers and establish Egypt’s first Industrial Automation Engineering
Centre of Excellence. The joint venture will play a significant role in the modernisation of the Egyptian
petroleum industry, helping Egypt increase refinery utilization, maximise productivity and minimise
maintenance costs.

The agreement, which was recently concluded between Egyptian Petroleum Minister, Eng. Sameh
Fahmy, and Henriksson, will further develop local technical competence by training Egyptian engineers
as part of a knowledge transfer program. The sharing of IPS’ expertise both with existing engineers and
Egypt’s new engineering graduates is fundamental to the joint venture, which will help generate a deeper
understanding of automation in the oil and gas sector and enable improved productivity within existing
Egyptian refineries and production plants.

“This joint venture is an important milestone in the expansion of the Egyptian oil and gas industry. IPS
have clearly recognised the significant market potential in Egypt, and as a partner, we will benefit
substantially, not only in the field technology transfer, but in job creation and local manufacturing,” said
Fahmy.
Henriksson said, “I attach great importance to this new venture. This best business practise model
enables profits to be shared with our customers while creating genuine partnership. We are committed to
building a world-class modern facility, which will include a versatile staging area, workshop and
warehouse capable of handling the largest automation projects. Naturally we hope that our significant
local presence will help enlarge our installed base in the country and promote the growth of high
technology.”

Engineers at the new Industrial Automation Engineering Centre of Excellence will be responsible for the
assembly and integration of complex automation systems, and the new modern facility will reduce
engineering costs and delivery time to the customer. Once in operation, the joint venture plans to export
engineering throughout the Middle East, Africa and North Africa markets. This joint venture is likely to be
the first of many as IPS roll out their new business development model in emerging markets worldwide.

IPS have been active in the Egyptian market for more than ten years and have successfully managed
projects in the oil and gas industry, such as the MIDOR refinery in Alexandria, UGDC plants and SCADA
for pipelines. The company’s expertise also extends to the power generation sector, where they have
worked on the Cairo North Power Plant. Today, IPS-trained Egyptian software engineers are working on
international projects in Singapore, the Middle East, Europe, the United States and Canada, in addition to
serving the local market.

IPS has its largest Engineering Excellence Centre (EEC) in Cairo. The EEC currently has more than 270
engineers, and the company plans to have 500 engineers there within in two years.

The software engineering hours developed in the Cairo EEC are exported to IPS delivery offices
worldwide as part of the Egyptian government’s global off-shoring strategy. Last year, the EEC in Cairo
delivered 300,000 hours of software engineering to its global customers, and this year it aims to reach
400,000 hours. IPS global customers include Exxon Mobil, Total, Aramco, BP, Shell and other major
international companies. IPS has taken these strategic decisions because it believes that Egypt has the
talent and resources to play a major role in global engineering.

Notes to editors:
Press release and photos can be downloaded from http://pr.ballard.co.uk/egypt/
About Invensys Process Systems
Invensys Process Systems (IPS), headquartered in Plano, Texas, is a global technology, software and
consulting firm leading significant change in process manufacturing, plant optimization, business
operations and enterprise performance. IPS clients are some of the world’s most important industrial
organizations — companies that operate large oil refineries; plants that process chemicals, gas, LNG,
power, pharmaceutical and minerals; and pulp and paper mills. IPS solutions, used at more than 50,000
locations across the globe, include field devices and controls from Foxboro and Triconex, advanced
applications from SimSci-Esscor, operations management from Avantis, and the world’s first truly open
enterprise control system, InFusion.


IPS’ nearly 7,000 employees integrate these capabilities to create solutions that impact and increase
efficiency, boost productivity and accelerate performance. These results help industrial companies run
safer, operate more efficiently and extract useful knowledge from their operations to make faster, better
decisions. To learn more about IPS visit us at www.ips.invensys.com.


About Invensys
Invensys is a global technology and controls company focussing upon industrial automation, rail
transportation and controls.


Invensys offerings allow customers to improve productivity, reduce waste and make crucial decisions
based on the most timely information. Invensys also enables Controls customers, particularly in the
domestic appliance, water heating and HVAC (heating, ventilation and air conditioning) industries, to
improve their products’ energy efficiency and use of resources.


The Invensys Group is made up of Process Systems (comprising IPS and Wonderware), Eurotherm,
Invensys Rail Group and Controls. The Group is listed on the London Stock Exchange and is a
member of the FTSE 100 index, but is a truly global business, with facilities in more than 60 countries and
Invensys software or other solutions in use in around 180 countries worldwide.


Invensys, Avantis, Foxboro, SimSci-Esscor, Triconex, InFusion, Eurotherm, Wonderware, and the IPS logo are trademarks of
Invensys plc, its subsidiaries, or affiliates.

				
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