DSIT Receives another Nuclear Power Plant Order for its Underwater Security System

GIVAT SHMUEL, Israel, Sept. 8, 2014

DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. (NASDAQ:  ACFN), announced today that it has received another order for its Underwater Security System for the protection of a Nuclear Power Plant. The Underwater Security System ordered is based on a special version of the company’s best-selling AquaShield™ Diver Detection Sonar. This special version is specifically tailored to provide superior performance against any type of intruder approaching the nuclear power plant’s highly reverberant water intake. The threats that the system is designed to counter include scuba and combat divers, divers using Diver Propulsion Vehicles (DPV) and Unmanned Underwater Vehicles (UUV).

Dan Ben-Dov, DSIT’s Vice President for Sales and Marketing commented, “Less than two weeks after announcing an order for an Underwater Security System for a European nuclear power facility, we are very excited to announce another important order for an Underwater Surveillance System for an additional nuclear power station. We are both thankful and proud for this vote of confidence shown to us by one of the world’s leading nuclear power plant operators. This order further strengthens our belief that there are significant growth opportunities for DSIT in this segment of the market.”

From a security point of view, the weak point in many Nuclear Power Facilities is their water intake system. Many nuclear power facilities use water to cool the plant reactors by sucking in large volumes of water through the water intake and into the core of the plant. This water intake creates an opportunity for unauthorized intruders to break into the facility. DSIT’s underwater monitoring systems are especially designed to counter such threats and eliminate this weakness in security.

Benny Sela, CEO of DSIT, added, “DSIT’s high performance systems provide long detection ranges for threats and intruders to provide the protected site operator with sufficient time to evaluate the threat and respond to it accordingly. With its fully automatic detection at long ranges, the AquaShield™ perfectly serves this concept. The ordered system’s installation is planned for the end of 2014.”

2014b - Another Underwater Security System to a European Nuclear Power Facility