Cooper Power Systems President Offers Valuable Insight During Congressional Hearing on Smart Grid Technology

Cooper Power Systems President Michael A. Stoessl spoke before the U.S. House of Representatives on July 23, 2009 at a hearing titled “Effectively Transforming Our Electric Delivery System to a Smart Grid.” The hearing addressed the various processes and inherent challenges associated with improving the intelligence and capabilities of the nation’s electric grid. The hearing was held by the Committee on Science and Technology, Subcommittee on Energy and Environment, which is chaired by Rep. Brian Baird (D, WA).

Cooper Power Systems, a division of Cooper Industries, Ltd. (NYSE: CBE), is a provider of quality solutions for medium- and high-voltage electrical environments, components and systems that deliver reliable electric power worldwide. It also develops the switchgear and automation technology needed to make the electric grid more reliable and efficient, as well as Advanced Metering Infrastructure (AMI) and Demand Response capabilities that help manage the grid’s overall load. The company’s “Smart” offerings include Smart Metering (AMI/AMR), Demand Response, VAR Management, Voltage Regulation, Over-current Protection, Outage Detection and Substation Automation. These innovative solutions are communications-equipped and provide decision support both locally on the grid and in back-office software solutions.

“Delivering state-of-the-art solutions for the ongoing transition to a smarter, more manageable electric grid remains a top priority for Cooper Industries,” said Cooper Chairman and CEO Kirk Hachigian. “Cooper Power Systems’ advancements in smart grid technology, as well as the innovation and forward thinking of its experienced leadership team, will prove to be invaluable to the industry as it moves closer to developing and improving the smart grid.”

Stoessl addressed the House of Representatives on behalf of the National Electrical Manufacturers Association (NEMA), of which Cooper is represented on the Board of Governors and on its Smart Grid Advisory Panel. NEMA is the leading trade association in the United States advancing the interests of 430 electrical manufacturers of a wide array of electrical industry products used in utility, industrial, commercial, institutional, medical imaging and residential applications.

The hearing took place in the Rayburn House Office Building, and included additional testimony given by Dr. George W. Arnold, Eng. Sc. D, National Coordinator for Smart Grid Interoperability at the National Institute of Standards and Technology (NIST); Paul De Martini, Vice President of Advanced Technology at Southern California Edison; Patricia Hoffman, Assistant Secretary at the Department of Energy, Office of Electricity Delivery and Energy Reliability; and Suedeen G. Kelly, Commissioner, Federal Energy Regulation Committee.

Cooper Power Systems - Commitment to Smart Grid:

Cooper Power Systems practices a forward-thinking approach to providing utility customers with comprehensive reliability and productivity solutions and is well positioned to benefit from the $4.5 billion in funding allocated specifically for Smart Grid investment by the U.S. Department of Energy as part of the federal government’s economic stimulus plan. Within Cooper Power Systems, the Energy Automation Solutions (EAS) group is a leading provider of innovative technologies and solutions that allow electric utilities to optimize their performance in the areas of Advance Metering Infrastructure, Demand Response, Smart Sensors, and Distribution Automation – all technologies that will be critical to the overall development of a Smart Grid.

About Cooper Power Systems

Cooper Power Systems, Inc., with 2008 revenues of approximately $1.4 billion, is a division of Cooper Industries, Ltd. (NYSE: CBE). Cooper Power Systems is a global manufacturer of world-class power delivery and reliability solutions for the electrical and industrial markets. Through its Energy Automations Solutions group, it is also a leading provider of software, communications and integration solutions that enable customers to increase productivity, improve system reliability, and reduce costs. For more information, please visit www.cooperpower.com.

About Cooper Industries

Cooper Industries, Ltd. (NYSE: CBE) is a global manufacturer with 2008 revenues of $6.5 billion, approximately 88 percent of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2008, 61 percent of total sales were to customers in the industrial and utility end-markets and 37 percent of total sales were to customers outside the United States. Cooper, which has manufacturing facilities in 23 countries as of 2008, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the web site at www.cooperindustries.com.