Tuesday, May 15, 2012

Invensys Rail and DPS Electronics sign agreement

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Invensys Rail and DPS Electronics entered into a manufacturer's licensing arrangement under which DPS may manufacture and sell its end of train devices (EOTs) with certain telemetry features patented by Invensys. For those EOTs, Invensys Rail will provide the communications, central office services and end-user experience through its software as a service business hosted at www.eotph.com and commonly referred to as EOT Phone Home.

Invensys Rail has entered into a related licensing and services agreement with a North American Class 1 railroad that plans to quickly retrofit its existing fleet of DPS Brand EOTs to add Phone Home functionality. Additional customers will be added over time.

Lester Hightower, director of software solutions at Invensys Rail said, "In recent months, the Software Solutions group at Invensys Rail has greatly refined our EOT telemetry services and we are pleased to partner with DPS Electronics to extend those technologies to their EOT devices. These agreements signify confidence from our new partner and our mutual customer in our EOT services."

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