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News & Events |
Serveron Leases New HeadquartersHillsboro, OR ö August 1, 2001 - Serveron Corporation, the electric power industryâs first dedicated provider of turnkey equipment and services to monitor the health of electric generation, transmission, and distribution substation equipment, has leased 23,000 square feet of office and manufacturing space in Hillsboro. The companyâs new business address is 3305 NE Aloclek Dr., Hillsboro, OR, 97124-7101. In June, the company announced the completion of a $16.4M venture funding round, with the intention to move its corporate headquarters from Bend, OR to the Portland area and staff up its operations here. With more than 20 utility customers on three continents, the company is quickly moving forward with those plans. New FacilityIn addition to the corporate offices, the new headquarters will house the manufacturing facility for the companyâs lines of electrical substation monitoring instruments. It will also be the home base for Serveronâs network operations center (NOC), which will provide remote substation equipment monitoring services for electric utility customers. ãOur new facility will give us the headroom we need to support our growth,ä said Jim Moon, Serveron CEO. ãWe plan to staff up our Portland headquarters operation from 20 to approximately 100 people over the next 12 to 18 months, and have already begun with an extremely experienced core management team.ä About ServeronServeron Corporation was founded to help electric power utilities worldwide deliver reliable power at the lowest cost. Serveronâs innovative instrumentation, continuous monitoring services, and Web-accessible data analysis promise to improve reliability and maintenance efficiency across the grid. Serveron offers Battery and Cell Management (BCM) battery condition monitors, TrueGas on-site dissolved gas analyzers, and remote, on-line monitoring services for power utilities. More information can be found at http://www.serveron.com. ### *Serveron, TrueGas, and BCM (Battery and Cell Management) are trademarks of Serveron Corporation |
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Copyright © 2001-2004 Serveron
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