CORRECT and REPLACE Mitsubishi Electric Power Products, Inc. to Acquire Computer Protection Technology

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Further strengthen Mitsubishi Electric’s service capabilities in the critical energy sector

WARRENDALE, Pennsylvania, February 24, 2022–(BUSINESS WIRE)–Please replace the version with the following corrected version due to multiple revisions.

The updated version reads as follows:

MITSUBISHI ELECTRIC POWER PRODUCTS, INC. ACQUIRES COMPUTER PROTECTION TECHNOLOGY

Further strengthen Mitsubishi Electric’s service capabilities in the critical energy sector

Mitsubishi Electric Power Products, Inc., (MEPPI) today announced that it has entered into an agreement to acquire Computer Protection Technology (CPT). CPT is a leading provider of mission-critical power services and solutions in the Southern California region.

North American demand for mission-critical power equipment and services is growing rapidly as companies pursue digital initiatives using cloud, mobile, edge computing, Internet of Things and data analytics voluminous. MEPPI and CPT have a long and successful history of meeting these demands for reliable, continuous power and services that maximize customer uptime. As a trusted provider of critical power services and solutions, CPT has built a strong and loyal customer base throughout Southern California and Nevada. Together, the acquisition will deliver value to mission-critical customers by providing highly reliable, customized uninterruptible power supply (UPS) systems, backed by exceptional service support and excellent customer service.

“MEPPI is very impressed with CPT’s experience, professionalism and strong commitment to its customers. We are confident that this alliance will strengthen our collective service capabilities and increase the value we bring to our customers as an experienced supplier and trusted source of critical electrical equipment and services,” said Tricia Breeger, general manager of MEPPI’s Uninterruptible Power Supplies Division.

“I am excited about this opportunity for the CPT team of employees. Mitsubishi Electric Power Products, Inc. shares a similar vision of delivering exceptional customer experiences, and we have like-minded cultures. Mitsubishi Electric is a excellent partner of CPT for over 25 years, and I am confident that we will achieve even greater success together after the acquisition. CPT’s customers and partners will continue to receive exceptional service and product offerings, and we look forward to this acquisition will create even more value for these partners,” said Michael Murphy, Chairman of CPT.

The acquisition is expected to be completed within the next 60 days. Upon closing, CPT will become part of Mitsubishi Electric Power Products, Inc.

About Mitsubishi Electric Power Products, Inc.

Based in Warrendale, Pennsylvania, Mitsubishi Electric Power Products, Inc. (MEPPI) is a U.S. subsidiary of Mitsubishi Electric Corporation serving North American power systems, data centers, rail transportation and major automotive markets. visual display. MEPPI products include gas circuit breakers, vacuum circuit breakers, power transformers, gas insulated substations, FACTS, high voltage DC systems, battery energy storage systems, electric generators, nuclear power plant control systems, uninterruptible power supplies, rail transport equipment, rail signaling systems and high-definition LED displays. Information on MEPPI’s full line of products and services is available at www.MEPPI.com.

About computer protection technology

Computer Protection Technology (CPT) was established in 1986 in Southern California with field service offices located in Los Angeles, Orange, San Diego and surrounding counties. CPT is committed to providing personal, honest and reliable power protection services. CPT’s commitment to its customers has led to stable and manageable growth over the years. CPT is now considered the dominant critical food service organization in the region. For more information, visit www.cptups.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220224005087/en/

contacts

Tim Kovatch
Marketing Communications Manager
Mitsubishi Electric Power Products, Inc. (MEPPI)
Tim.Kovach@meppi.com
Phone: (724) 778-5275

Jack Bowen
Marketing and Planning Manager
Uninterruptible Power Supplies Division
Mitsubishi Electric Power Products, Inc. (MEPPI)
Jack.Bowen@meppi.com
Phone: (724) 742-3429


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