Dana Point, CA, February 26, 2014 – Mercury Cable & Energy (“Mercury”), the leading developer of High Voltage Composite Reinforced Conductors (“HVCRC”) for electrical transmission lines, is pleased to announce that it has renewed its agreement with LS Cable & System. (“LS Cable”). Under the terms of the agreement, LS Cable will manufacture and sell Mercury’s HVCRC product line in Korea, Vietnam, India and China and upon mutual consent throughout the rest of the world
“We are pleased to continue our relationship with LS Cable”, said Ron Morris, CEO of Mercury. “As a global leader in the manufacture of wire and cable products, LS Cable is an ideal fit for the expansion of Mercury’s HVCRC products into these markets.”
LS Cable & System is a leading wire and cable manufacturer with headquarters located in Korea. LS Cable & System has 8,500 employees and more than 100 manufacturing sites located in 24 countries around the world. LS Cable & System, founded in Korea in 1962, provides a wide range of energy and telecom cable solutions for the energy infrastructure, construction, automotive, railway, telecommunication and electronic industries. For additional information please visit the LS Cable website at www.lscns.com/
Mercury Cable & Energy is a privately held developer of High Voltage Composite Reinforced Conductors (HVCRC), Smart Conductors for the Smart Grid. The patented HVCRC Smart Conductor is superior to existing conductors in a number of key performance areas including:
• Up to double the current carrying capacity of ACSR
• Substantially reduces high temperature sag
• Requires fewer structures for new line construction
• Increases capacity of existing rights of way and structures through retrofitting
• Eliminates bimetallic corrosion
• Significantly reduces line losses compared to same diameter conventional and composite conductors at equal operating temperatures
Contact:
Mercury Cable & Energy
Todd Harris
President
949-276-5375
tharris@mercurycable.com