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International Rectifier: Finalist in Global Energy Awards
EL SEGUNDO, Calif. - November 2004 - International Rectifier IR® (NYSE:IRF), a world leader in power management technology, is a finalist in the 6th Annual Platts Global Energy Awards. A panel of international judges selected International Rectifier's iMOTION™ platform in their short list of candidates for Commercial Technology of the Year.
"The iMOTION platform makes electronic Motor Control easier to implement in a host of motor-driven equipment from household appliances to industrial conveyors," stated Robert Grant, Executive Vice President of Sales and Corporate Marketing. "Most of these motors operate in an energy wasting, single speed, 'on or off' state.
"Comparatively, International Rectifier's Motor Control architecture has the potential for saving about half of the electricity now consumed by motors which, taken in aggregate, consume about 50 percent of all electricity used today," Grant continued.
International Rectifier's iMOTION integrated design platform brings software, silicon, and technique together to make adoption more affordable to cost-conscious appliance and equipment makers while extending the feature set of their products.
From a broad list of nearly 200 nominees, this year's finalists were selected by an international panel of judges composed of the energy industry's elite, including top corporate executives, leading academics, respected commentators, senior analysts and knowledgeable editors. Winners of the 2004 Global Energy Awards will be announced on December 10 in New York. For more information about the awards, go to www.globalenergyawards.com.
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