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AREVA Announces New Agreement to become Exclusive Provider for Upgraded Used Fuel Pool Level Monitoring and Instrumentation

Press Release

June 15, 2012

BETHESDA, Md., June 15, 2012 –AREVA Inc. and VEGA Americas, Inc. have signed a cooperative agreement to provide reliable, economical and safe Used Fuel Pool instrumentation solutions to nuclear utilities in North America. The new agreement provides the nuclear industry an exclusive channel for VEGA’s Through Air Radar with Bent Waveguide Measurement technology.

Through this agreement, utilities can leverage the combined expertise of AREVA, the world leader in nuclear services, and VEGA, the leader in level measurement instrumentation, to obtain safe and reliable radar level measurement solutions based on proven technology. These monitoring solutions will enhance plant safety and help utilities to meet new regulatory requirements.

“AREVA is constantly working to understand the needs of our customers and identifying solutions to help them meet evolving regulatory guidelines,” said Michael Rencheck, Chief Executive Officer, AREVA Inc. “This new agreement reflects how the combined expertise of our two companies will help provide a safe and cost-effective solution for utilities.”

More about Vega Americas, Inc.
For over 60 years, VEGA Americas, Inc. (formerly Ohmart/VEGA Corporation) has provided industry-leading products for the measurement of level, density, weight, and pressure. The company's enduring mission is "to deliver innovation in measurement solutions worldwide." A global corporation located in Cincinnati, Ohio, VEGA Americas combines manufacturing, distribution, and service for products that represent the most sophisticated process measurement technologies anywhere in the world.

Contacts

Michael French
Tel.: (301) 841-1702
michael.french@areva.com

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