Signs Agreement to Manufacture Systems with H2scan Products
HUNTSVILLE, ALABAMA - The Instrumentation Products Division (IPD) of Parker Hannifin Corporation, the global leader in motion and control technologies, has signed an agreement with California-based H2scan Corporation to become the exclusive manufacturer of co-branded process systems incorporating over 11 different process monitors. The monitors will be integrated into a larger, co-branded sensing solution targeted at refineries, petrochemical, fertilizer, ammonia and hydrogen production plants.
Parker IPD will be responsible for the final testing, field calibration, and direct-to-customer delivery. Additionally, Parker will non-exclusively private label and internationally offer H2scan's line of area safety products targeted at battery room, refineries, hydrogen storage and nuclear applications.
"Dating back to our earlier work integrating H2scan's miniaturized process analyzers with our modular IntraFlow(TM) NeSSI(TM) platform for a large British Petroleum project, we realized the excellent fit between our companies' products and services. This agreement is a natural next step for Parker and the beginning of a long-standing relationship we expect to have with H2scan," said Craig Beckwith, General Manager of Parker's Instrumentation Products Division.
Parker IntraFlow surface-mounting fittings dramatically reduce the amount of space required for instrumentation flow control systems by as much as 75%, minimizing the volume of sample flow paths, speeding construction and reducing cost of ownership.
Based on a patented "chip on a flex" technology, H2scan's hydrogen sensing system monitors are able to detect and measure hydrogen without false readings or expensive support equipment. This makes them ideal for the NeSSI(TM) platform. H2scan's process systems have the ability to operate in real time, with or without the presence of oxygen, and without interference from high concentrations of CO or H2S, separating H2scan from all other in-line measuring technologies. The area leak detector sensing systems are able to detect hydrogen in air from 2,000 ppm to 5% concentration without cross-sensitivities to other gases.
"Signing a global manufacturing agreement with Parker is crucial to our business today, as increased sales are driving us to expand production, testing and fulfillment around the world," explained Dennis Reid, President and CEO of H2scan. "We see our endeavors as a monumental step for H2scan," Reid added.
Parker production of exclusively co-branded process systems incorporating H2scan process models has already begun, and the first systems have already been built and shipped to petroleum companies.
For more information regarding Parker's co-branded sensing solution, contact Parker IPD at 256-881-2040 or Mike Nofal at 661-775-9575, ext. 618.
The Instrumentation Products Division is dedicated to being the global leader in the design, manufacture and distribution of high quality, critical flow and ultra-high purity components for the petrochemical, chemical processing, oil and gas, power generation, water analysis, biopharmaceutical, semiconductor, and analytical equipment industries.
H2scan was founded in 2002 and has its headquarters, sales, production, and marketing staff in Valencia, California. The Company provides the most accurate, tolerant, and affordable hydrogen leak detection and process gas monitoring solutions for industrial markets, enabling accurate monitoring and control functions for a wide range of applications, including control systems, safety monitoring and alarm systems. H2scan also provides portable, hand-held configurations for easy leak detection and monitoring.
With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 60,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 56 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.
For more information, visit the company's web site at www.parker.com, or its investor information web site at www.phstock.com.
Marketing Development Manager
Instrumentation Products Division