SmartSignal Continues Momentum with Release of ECM 3.0; Predictive Solution Designed to Help Companies Gain Efficiencies, Improve Reliability to Customers, and Increase Revenue

CHICAGO--Dec. 2, 2003--POWER-GEN International--SmartSignal Corporation, the leading provider of predictive technology for Continuous Asset Management, today announced the availability of Equipment Condition Monitoring(TM) (ECM) 3.0(TM), a highly powerful business solution that includes new enhancements to SmartSignal's award winning early warning enterprise software application. The real-time functionality of ECM 3.0 enables asset intensive industries to dramatically improve operational performance, asset uptime as well as customer service.

SmartSignal ECM 3.0 goes far beyond traditional trend monitoring systems by providing real-time asset health monitoring of complex equipment and operating conditions. The ECM solution delivers critical information that is needed to implement real-time, need-based maintenance for deteriorating equipment. ECM is designed for fast implementation and simple integration with existing technologies and systems.

"The most advantageous way to achieve better return-on-assets is through minimizing unplanned maintenance downtime, increasing equipment availability to meet market demands quickly, and reducing spare-parts inventory," said Gary Conkright, president and CEO of SmartSignal. "A key benefit for current clients - both OEMs and end users - is the ability to improve customer service. The ECM 3.0 upgrades will enhance users capacity to transform customer service into a competitive advantage."

ECM 3.0 is of special interest to power generation companies who are looking to augment their ability to provide reliable generation, especially in light of the recent Northeast blackout.

ECM 3.0 Feature Enhancements

Superior Fleet-wide Monitoring

-- Easier deployment across fleets with an improved WorkBench(TM) engineering environment modules. Improvements allow users greater flexibility in configuring fleets, importing data, fleet-wide monitoring and deployment.

Expanded ECM Database

-- Updated modeling capabilities can calculate variables based on functions of various sensor inputs. In addition to equipment data and other sensor values, customers can now include non-sensor inputs from a multiplicity of sources from repair cycles to state variables. This provides for a more comprehensive analysis of equipment performance, fleet-wide.

Comprehensive Reporting Capabilities

-- Improved fleet monitoring in version 3.0 enables companies to receive notifications of potential equipment failure via email or pager. ECM 3.0 now incorporates a sophisticated reporting package to deliver customized configured reports that allows customers more insight into the health of their fleet.

SmartSignal's IECM solution is used by a number of leading energy companies including Arizona Public Service, Dynegy and Hydro-Quebec. SmartSignal delivers world class continuous asset management solutions to energy companies involved in fossil, hydro or nuclear power. Additionally, SmartSignal has significant penetration in the aerospace and defense, rail and commercial transportation markets.

About SmartSignal

SmartSignal Corporation is the leader in Predictive Technology. The technology, available as an enterprise software solution--Equipment Condition Monitoring (eCM(TM))--or as a predictive platform for original equipment manufacturers (OEMs), helps companies gain unprecedented insight into the health of critical business assets. Through real-time monitoring and prediction, companies are able to avoid catastrophic failures, increase capacity and improve overall return-on assets. SmartSignal's clients include industry leaders such as Arizona Public Service, Dynegy, Delta Air Lines and General Motors Electro-Motive Division. SmartSignal was named one of the top 50 emerging technology companies in Chicago by I-Street magazine. In addition, the company was recently listed as one of The FocalPoint Group's Top 40 North American M2M Innovators and has won the Business Ledger's "Annual Award for Business Excellence", Control Engineering Magazine's "Editor's Choice" new product award and a "Best of Sensors Expo new product "Gold Award. In October 2003, SmartSignal received the prestigious Chicago Sun-Times Innovation Award. For more information visit http://www.smartsignal.com.