(18/09/2003) Schneider Electric Subsidiary TAC Signs Contract with U.S. Army Corps of Engineers

Rueil Malmaison (France) - September 18th, 2003 - TAC, a world leader in automation and building management systems, has signed a five-year contract with the Utility Monitoring and Control Systems (UMCS) Center of the U.S. Army Corps of Engineers in Huntsville, Alabama. The contract, which is not to exceed $200 million, covers various building automation and security installation projects. TAC will support these projects through its product and services offerings, including direct digital controls, security, fire and life safety systems, Supervisory Control and Data Acquisition (SCADA) solutions and heating, ventilation and air condition (HVAC) systems. 'This contract represents an exceptional opportunity for TAC Americas and our Partner network,' said Dean Meyer, president of TAC Americas. 'Securing this contract takes TAC to the next level of providing Open Systems for Building IT(R) to the federal government, and has ensured our position as one of the major players in the federal arena.' According to Charles Holland, UMCS technical manager, 'TAC offers our agencies an excellent selection of technologically advanced products that reflect the high standards the Corps advocates for all government properties.'. With TAC, Schneider Electric has strengthened its presence in the global building automation market, enhanced its lineup and gained access to major clients. About TAC Owned by Schneider Electric, TAC has subsidiary companies and partners in more than 70 countries throughout the world. The company employs 2,000 employees and generated revenues of SEK 3,150 million (US $380 million) in 2002. Corporate headquarters and European business activities operate out of Malmö, Sweden. Regional headquarters for the Americas is located in Dallas, Texas and for the Asia-Pacific market, in Sydney, Australia. TAC's concept of Open Systems for Building IT(R) utilizes information technology to provide clients with advantages such as indoor climate optimization, energy savings, flexibility, security, reduced expenses and user-friendly operation. About UMCS The UMCS, part of the U.S. Army Engineering and Support Center based in Huntsville Alabama, provides quality oversight and technical expertise in the design, procurement and installation of utility monitoring and control systems for a variety of federal agencies, municipalities, and educational institutions, not just the military. Clients have included the Food and Drug Administration, the National Weather Service, the General Services Administration, Centers for Disease Control and all branches of the military. About Schneider Electric Schneider Electric Giving the best of the New Electric World To everyone, everywhere, at any time Schneider Electric is the world's power and control specialist. Through its world-class brands, Merlin Gerin, Square D and Telemecanique, Schneider Electric anticipates and satisfies its customers' requirements in the energy, buildings, industry and infrastructure markets. With 74,814 employees, Schneider Electric generated sales of E9.1 billion in 2002 through 13,000 sales outlets in 130 countries. Financial Communication : Schneider Electric Alexandre Brunet Tel. +33 (0)1 41 29 70 71 / Fax +33 (0)1 41 29 71 42 www.schneider-electric.com Code : ISIN FR 0000121972 Press Contact : Schneider Electric Véronique Moine Tel. +33 (0)1 41 29 70 76 / Fax +33 (0)1 41 29 71 95 Contact Presse : DGM Michel Calzaroni / Olivier Labesse Tel. +33 (0)1 40 70 11 89 / Fax +33 (0)1 40 70 90 46 (C) Companynews