CUI Global Announces Retail Sale of its GasPTi Devices to National Grid in the United Kingdom for Use as Turbine Compressor Engine Controls

CUI Global Announces Retail Sale of itsCUI Global Announces Retail Sale of its GasPTi Devices to National Grid in the United Kingdom for Use as Turbine Compressor Engine Controls PR Newswire TUALATIN, Oregon, Oct. 14, 2013 CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that its wholly owned subsidiary, Orbital Gas Systems Ltd., has received an order for eight (8) retail units of the GasPTi device from National Grid (LSE: NG) in the United Kingdom (UK). The units are being ordered for installation as part of a retro-fit of engine control processes on several large, gas-fired compressor turbines operated by National Grid. According to National Grid, the retro-fit with the GasPTi devices is intended to decrease fuel consumption; reduce emissions; and improve the efficiency and thereby life-expectancy of these valuable machines. National Grid operates as many as 60 of the gas-fired turbines at 23 compressor stations and has changed its strategy on a Gas Chromatograph ("GC") replacement project to cancel the GC's and replace them with GasPTi devices, following a review of the latest GasPTi performance.