ALPHARETTA, Ga.--(BUSINESS WIRE)--Fresh from South Korea, IUS Technologies enters the US market with its sights set on leading distribution technology for utilities and working with companies like Siemens, SAIC, and AEP. IUS is a subsidiary of $1B Vitzro Group - one of South Korea's leading Smart Grid technology manufacturers.
“People in South Korea can’t comprehend why the US continues to suffer from such widespread power outages,” says Scott Zajkowski, IUS Marketing Manager. “There is only one utility in Korea which is government owned, and they only budget for the best technology. Vitzro created the world’s most stable technology for utilities, and it is the foundation of Korea’s electric power industry. Vitzro is now making that available for the United States at just the right time for more intelligent Smart Grid deployments.”
Vitzro Group has funded the creation of an entire, self-standing US subsidiary with its own local workforce, local leadership and local manufacturing in Alpharetta, Georgia, considered one of the fastest growing cities in the state and a hotbed for high tech companies according to the Technology Association of Georgia.
IUS purchased a 20,000 sq.ft. multimillion-dollar plant located in Alpharetta, Ga., where they anticipate hiring local engineers, technicians and staff. IUS “Born Smart™” devices work to optimize the grid by reducing consumption and waste, decreasing CO2 and greenhouse emissions, and increasing grid capacity - all while reducing customer outages.
The company will debut its Born Smart™ suite of proven power distribution products at the 2013 DistribuTECH conference, January 29-31 at the San Diego Convention Center, in booth 1550.
About IUS Technologies
IUS Technologies develops products that ease the progress of US Utilities toward a true and reliable Smart Grid through distribution automation. IUS’s technologies and Born Smart ™ devices include Smart Grid Sensors, Distribution Automation, Oil Degradation & Load Monitoring Systems, Power Transformers and Bushing Current Transformers. For more information about IUS Technologies, visit http://www.ius-tech.com.