RALEIGH, N.C., November 9, 2000 -- Through the new portal moveelectricity, visitors can see every aspect of electric power transmission, distribution and utilization in which ABB is involved. The electric utility portal provides graphic overview of ABB products and services within the utility market, details unique ABB solutions and capabilities and gives readers up-to-date electric utility news.

ABB.com/moveelectricity will be updated continually with new features and value-add services including business modeling, case studies, and project management tools. “Customer interaction and needs assessment will play a key role in future development of the electric utility portal”, states John Sullivan, Executive VP of Sales and Marketing for ABB Power T&D Company in the US. “The rate of change in the eBusiness arena is phenomenal and we must constantly monitor what are customers need and be ready to act quickly.”

ABB is a global technology company serving customers in automation, power transmission and distribution; oil, gas, and petrochemicals; building technologies; and financial services. With novel IT applications, tailored software solutions, growing eBusiness and a fast-expanding knowledge and service base, ABB is building links to the new economy. ABB reported revenues of $25 billion in 1999 and employs about 160,000 people in more than 100 countries.

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