Gilbarco Veeder-Root and Power Integrity Announce Plans for new Integrated Power Distribution System

System designed to maximize uptime and lower maintenance costs.

Greensboro, NC - USA - October 10, 2003 - Gilbarco Veeder-Root and Power Integrity Corporation (PICO) announced today plans to introduce the PICO PetroPower Manager, a new integrated power distribution and control system specifically designed to support common Gilbarco Veeder-Root equipment. PICO is the leader in the development and support of engineered electrical systems for the retail fuel dispensing industry, including convenience stores and hypermarkets.

The PICO PetroPower Manager will be designed and pre-configured for common Gilbarco Veeder-Root fueling system configurations, including dispensers, point-of-sale systems, automatic tank gauges, and submersible pumps. The system can reduce construction time, facilitate a first-time error-free start-up, prevent site downtime, improve safety, and accelerate resolution of field troubleshooting.

"We are committed to maximizing uptime and lowering the maintenance costs for our retail fueling systems." said Martin Gafinowitz, president for North America. "Proper electrical installation is one of the top drivers in improving field quality and uptime and our customers now have the option of a standardized electrical solution for their sites."

Gilbarco Veeder-Root is the first retail fueling system supplier to specify and recommend an engineered electrical solution designed for the entire fueling system at a convenience store or hypermarket. PICO PetroPower Manager will be provided and supported by Power Integrity Corporation. The system will be on display in the Gilbarco Veeder-Root booth #4031 and the Power Integrity Corporation booth #3116 at the NACS Show.

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