News release

Date: 1st October 2009

TAC is now the Buildings Business of Schneider Electric

Corporate brand migration enables the convergence of core competencies within energy management for customers worldwide

Ashby, United Kingdom – October 1, 2009. Schneider Electric, a global specialist in energy management and security solutions, today announced it has completed the strategic transformation and brand migration of TAC to Schneider Electric.

Schneider Electric is now uniquely poised to directly offer customers a full range of solutions across its core competencies of power, data centres, industrial automation, building management and security. This convergence enables customers worldwide to realize optimal energy and security efficiencies, and the associated savings in capital and operating expenses.

"This brand migration is more than just a name change; this is a new way of approaching our energy management business and customers' needs," said Dave Beradi, UK Managing Director of Schneider Electric's Buildings Business, formerly TAC UK. "Establishing the Buildings Business as the centre for one of Schneider Electric's core competencies is a major companywide initiative. We can now take multiple solutions from our comprehensive portfolio through one seamless customer interface to become a single-source energy management provider.”

While customers can expect a variety of new opportunities, certain things will not change. “The trusted relationships customers have come to expect from our employees will remain the same, and we will continue to deliver the highest level of expertise, products and services our customers have come to rely on,” added Beradi.

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Notes To Editors

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 and has leadership positions in energy and infrastructure, industrial processes, building automation and data centres/networks, as well as a broad presence in residential applications.

Focused on making energy safe, reliable and efficient, the company's 114,000 employees achieved sales of more than 18.3 billion euros in 2008 through an active commitment to helping individuals and organisations “Make the most of their energy.”

About the Building Business of Schneider Electric -

The building management and energy services business of Schneider Electric is a leading provider of solutions that deliver measurable business results to customers by enabling them to do more with less energy. With over 120 years of experience in the HVAC, energy and security arenas, the Buildings Business of Schneider Electric employs more than 8,000 people worldwide, with partners in 80 countries.

Press contacts:
Adrian Linden
EvokedSet PR
tac [at] evokedset [dot] com
Phone: 07919 967865

Copyright © 2009, Schneider Electric, All rights reserved.

For more information, contact:
Christopher Buchanan Marketing Consultant
Schneider Electric Building Business
+44 (0)7792 234 686

Lynn Wolfe Marketing Assistant
Schneider Electric Building Business
+44 (0)7717 836 775

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