NTEC Admits infiniRel Corporation to its Acceleration Program

FRISCO, TX - February, 2010 --- The North Texas Enterprise Center (NTEC), a business accelerator for healthcare and cleantech related technology firms, announced today that it has signed up infiniRel Corporation as the newest company in its acceleration program.

infiniRel is a privately held renewable energy technology company headquartered in Frisco, Texas, that was formed with the goal of bringing infinite reliability to energy conversion and storage systems.　 Using proprietary digital signal processing techniques, the system will accurately forecast impending power equipment failure, helping solar operators to reduce unexpected truck roll cost and minimize downtime, while improving the availability and reliability of power. The initial product can be either implemented on new installations or retrofitted to photovoltaic inverters for commercial and utility-scale solar plants and consists of a web-connected data-acquisition module and an application suite that seamlessly integrates with existing Performance Monitoring & Reporting Services (PMRS) systems. Comparable to a check-engine light in a vehicle's diagnostic system, the infiniRel solution gives solar energy service providers the opportunity to make educated decisions concerning equipment health and optimize maintenance schedules for increased profitability. Equipment manufacturers also have the opportunity to retrieve forensic data for failure analysis and product improvements that otherwise is not available, similar to a "black box" used in aircraft.

"infiniRel represents our first portfolio company outside of medtech," said Larry Calton, executive director at NTEC. "We have been reviewing business opportunities in clean tech for nearly six months and infiniRel possesses the characteristics we associate with early stage companies that do well in this market.　 Their initial product focuses on inverter failure which is a well established weak link in the solar and wind power generation chains." "Further, we see significant opportunity in applying the core intellectual property of inifiniRel to other applications where a predictive maintenance solution can immediately and materially impact a customer's bottom line."

"Joining NTEC is a significant milestone for our company," said Bert Wank, CEO of infiniRel. "While we are bringing predictive maintenance solutions to the energy conversion market, it is reassuring to have the backing of an organization with a track record of successful acceleration of start ups that take full advantage of the talent available in the North Texas high-tech corridor," he said.

--- The North Texas Enterprise Center (NTEC), a business accelerator for healthcare and cleantech related technology firms, announced today that it has signed up infiniRel Corporation as the newest company in its acceleration program.

ABOUT NTEC

The North Texas Enterprise Center (NTEC)　is a 501(c)(3) Not-for-Profit　corporation that assists entrepreneurs with starting and growing new　 technology-based ventures. The Center provides a broad base of support to entrepreneurs, both internally and through its extensive resource network.

NTEC is focused on the rapidly growing medical and clean technology sectors,　and seeks out technologies which have the potential to become disruptive by leveraging　the convergence of computer processing power, communications, software, and information technology.

As one of the leading technology business accelerators in the south central U.S., NTEC provides its program companies with a comprehensive suite of services and infrastructure enabling them to accelerate market entry and attract investment capital.