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Company Milestones
Date Event
January 1992 1st US patent granted
August 1998 IFD Corporation formed
December 1998 CEA proposal accepted. Project sponsored by BC Hydro, Manitoba Hydro, Ontario Hydro and later AEP
August 1999 1st Canadian utility order commitment
September 2000 Strategic financing with Hydro Quebec Capitech
February 2001 IFD adopted as standard in Canadian Electricity Association purchasing specifications
June 2001 Passed final Beta tests – observed by utilities and manufacturers
June 2001 IFD final presentation of test results to utilities and manufacturers
August 2001 National Research Council project funding approved
October 2001 IFD is introduced at IEEE T&D Conference in Atlanta
November 2001 IFD shipped to first major utility customer
April 2002 2nd round financing with Hydro Quebec Capitech
August 2002 2nd US Patent granted & extended for world-wide patent coverage
October 2002 IFD attends Lineman’s Rodeo in Kansas City
December 2002 Improved design of IFD manufactured and shipped
February 2003 IFD attends NRECA Conference in Nashville
May 2003 Brascan financing completed
July 2003 1st international IFD sale
August 2003 30,000 IFD’s shipped to date
September 2003 1st major US utility order shipped
September 2003 IFD re-introduced at IEEE T&D Conference in Dallas
September 2003 IFD starts R&D project to extend IFD technology to other devices

IFD 3

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