EDMONTON, Aug. 4 /CNW/ - Matrikon Inc. (TSX:MTK) is pleased to announce
that it has been awarded a US$9.2 million contract to implement the second
stage of a major United States electricity producer's North American Electric
Reliability Council (NERC) Critical Infrastructure Protection (CIP) cyber
The project includes NERC CIP remediation and compliance documentation
and will be completed in conjunction with the stage one network architecture
design and installation, announced July 23, 2009. The project covers
implementation and documentation of many components of CIP 002 through 009.
The project is expected to be completed in early 2010.
"This second phase will establish the client's NERC Critical
Infrastructure program so that they can achieve and maintain compliance," said
Rick Kaun, director of Matrikon's Industrial Security & Compliance group.
NERC has set Critical Infrastructure Protection standards to ensure power
companies protect themselves from cyber attacks. Power producers are
particularly susceptible to these threats because of the potential for massive
public disturbances that a security breach could cause. Companies across North
America are at various stages of updating their networks and systems to comply
with the standard and safeguard against these threats.
Matrikon is one of 12 voting members on NERC's Control Systems Security
Working Group, the body responsible for setting and interpreting the industry
guidelines on cyber security. Matrikon has the expertise and proven experience
to assist companies in achieving compliance and avoiding penalties for
President & CEO Nizar J. Somji commented: "Cyber security initiatives
such as this capitalize on Matrikon's core strength of real-time monitoring
and reporting and leverage Matrikon's experience to not only protect critical
assets and processes so that compliance can be achieved, but also enable
operational excellence initiatives by providing secure access to the real-time
information these applications require. A secure network forms the framework
for advanced applications such as early event detection, reliability and
control performance monitoring. Given the timeline for compliance and
Matrikon's expertise in this area, we expect power to be a significant part of
our industry mix for the next several years."
Matrikon (www.matrikon.com) is a provider of industrial intelligence
solutions that transform production data into the knowledge needed to
anticipate problems and optimize operations - empowering and sustaining the
achievement of operational excellence. With offices throughout North America,
Australia, Europe and the Middle East, and clients who are industry leaders in
the process industries, power generation and mining, Matrikon's reach is
global. Matrikon has been empowering excellence since 1988, and is traded on
the Toronto Stock Exchange under the symbol MTK.
Matrikon is a registered trademark of Matrikon Inc.
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