Matrikon(TM) awarded second stage cyber security contract valued at US$9.2 million

Matrikon Inc. (TSX:MTK) is pleased to announce that it has been awarded a US$9.2 million contract to implement the second stage of a major United States electricity producer's North American Electric Reliability Council (NERC) Critical Infrastructure Protection (CIP) cyber security initiative.

The project includes NERC CIP remediation and compliance documentation and will be completed in conjunction with the stage one network architecture design and installation, announced July 23, 2009. The project covers implementation and documentation of many components of CIP 002 through 009. The project is expected to be completed in early 2010.

"This second phase will establish the client's NERC Critical Infrastructure program so that they can achieve and maintain compliance," said Rick Kaun, director of Matrikon's Industrial Security & Compliance group.

NERC has set Critical Infrastructure Protection standards to ensure power companies protect themselves from cyber attacks. Power producers are particularly susceptible to these threats because of the potential for massive public disturbances that a security breach could cause. Companies across North America are at various stages of updating their networks and systems to comply with the standard and safeguard against these threats.

Matrikon is one of 12 voting members on NERC's Control Systems Security Working Group, the body responsible for setting and interpreting the industry guidelines on cyber security. Matrikon has the expertise and proven experience to assist companies in achieving compliance and avoiding penalties for non-compliance.

President & CEO Nizar J. Somji commented: "Cyber security initiatives such as this capitalize on Matrikon's core strength of real-time monitoring and reporting and leverage Matrikon's experience to not only protect critical assets and processes so that compliance can be achieved, but also enable operational excellence initiatives by providing secure access to the real-time information these applications require. A secure network forms the framework for advanced applications such as early event detection, reliability and control performance monitoring. Given the timeline for compliance and Matrikon's expertise in this area, we expect power to be a significant part of our industry mix for the next several years."

About Matrikon

Matrikon (www.matrikon.com) is a provider of industrial intelligence solutions that transform production data into the knowledge needed to anticipate problems and optimize operations - empowering and sustaining the achievement of operational excellence. With offices throughout North America, Australia, Europe and the Middle East, and clients who are industry leaders in the process industries, power generation and mining, Matrikon's reach is global. Matrikon has been empowering excellence since 1988, and is traded on the Toronto Stock Exchange under the symbol MTK.

Matrikon is a registered trademark of Matrikon Inc.

SOURCE: Matrikon Inc.

Investor/Media Information - Nicole Sayler, (780) 485-7238, This email address is being protected from spambots. You need JavaScript enabled to view it.