Effective January 1, 2010 Xantrex Technology Inc., a leading provider of solar inverters, rebranded as "Schneider Electric". Schneider Electric, a global specialist in energy management, has been the parent company of Xantrex since Schneider Electric's acquisition of Xantrex in September 2008. Under

Xantrex Technology Inc. changes its brand name from Xantrex to Schneider Electric in January 2010

Burnaby, BC - January 12, 2010 - Effective January 1, 2010 Xantrex Technology Inc., a leading provider of solar inverters, rebranded as "Schneider Electric". Schneider Electric, a global specialist in energy management, has been the parent company of Xantrex since Schneider Electric's acquisition of Xantrex in September 2008. Under a single brand, Schneider Electric offers customers a full range of energy management solutions that help customers "make the most of their energy™" and achieve more while using less of the common planet.

Schneider Electric's new renewable energies business unit focuses on providing renewable energy solutions to our customers. The renewable energy solutions complement Schneider Electric's integrated solutions, which are designed to make energy safe, reliable, efficient, productive and green from plant to plug.

"This is more than just a brand name change; this enhances our ability to provide world-class renewable energy solutions essential to driving value for our customers," said Ted Campbell, president and CEO of Xantrex Technology Inc. and Sr. VP, Renewable Energies Business of Schneider Electric. "Rebranding "Xantrex" to "Schneider Electric" is another evolutionary step in the process of being able to leverage our comprehensive offer portfolio as a single-source energy management."

Xantrex's brand transition to Schneider Electric is part of a global companywide initiative. The migration to one company brand under Schneider Electric will offer customers increased access to a wider range of integrated solutions. These solutions address 72 percent of the world's energy consumption by infrastructure, industrial processes, building systems and services, and data centers/networks, as well as in residential applications.

For more information about Schneider Electric, please visit http://www.schneider-electric.com.

About Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centers/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, efficient, productive and green, the company's 114,000 employees achieved sales of more than $25 billion in 2008, through an active commitment to help individuals and organizations "Make the most of their energy."
www.schneider-electric.com

Schneider Electric is a trademark of Schneider Electric, registered in the United States and other countries. Make the most of their energy is a trademark of Schneider Electric.

Press Contact:
Schneider Electric
Matthew Campbell

Phone: 604-422-2627
Matthew.campbell@ca.schneider-electric.com
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