"These new innovations to the OmniVision system continue our quest of delivering valuable solutions to help the transportation industry improve safety, increase productivity and lower operational costs," said Norm Ellis, vice president and general manager of transportation and logistics for Qualcomm Enterprise Services, formerly known as Qualcomm Wireless Business Solutions. "We have a solution to fit all sizes of fleets, both large and small, and the new terrestrial option allows smaller companies to have the benefits and features of the OmniVision platform at a much lower cost. Qualcomm is committed to this industry, and our experience in the market helps us deliver safe and user friendly solutions to help our customers improve their overall business performance."
American Superconductor Corporation (NASDAQ: AMSC), a leading energy technologies company, today announced that it has received a multi-million-dollar order from a major U.S. utility for AMSC's Static VAR Compensator (SVC) solution. The complete turnkey solution is scheduled to be commissioned in mid-2008 and will provide 150 mega volt-ampere-reactive (MVAR) of support to help control and stabilize voltage in the utility's surrounding power grid.