STAVANGER, NORWAY - 15 Mar 2007: Aker Kvaerner and IBM (NYSE: IBM) have established an alliance for Condition Based Maintenance of oil and gas plants. Condition Based Maintenance reduces plant downtime for ongoing maintenance to the minimum by means of a heightened monitoring system.

The agreement integrates Aker Kvaerner’s competence in engineering, planning and maintenance with IBM’s expertise in data acquisition, integration and analysis. The initial focus will be on installations in the North Sea and onshore in Norway, with long term plans to expand internationally.

OAKLAND, N.J.--(BUSINESS WIRE)--Mikron Infrared, Inc. (NASD: MIKR) announced its financial results for the first quarter of its fiscal year ending October 31, 2007.

Mikron’s first quarter sales were the highest achieved in any first quarter. Sales of $8,890,795 for the first quarter of fiscal 2007 were 6.6% higher than the $8,343,001 of sales achieved during the same quarter in fiscal 2006. Operating income decreased from $1,328,259 in the first quarter of fiscal 2006, to $1,119,088 for the first quarter of fiscal 2007, a 16% quarter-to-quarter comparative decrease. Both basic and fully diluted earnings per share were $0.13 for the first quarter of fiscal 2007, compared to $0.14 for the first quarter of fiscal 2006.

JUNO BEACH, Fla.--(BUSINESS WIRE)--Florida Power & Light Company today filed its annual reliability report with the Florida Public Service Commission. The report indicates that absent any hurricanes, the company expects service reliability to be further enhanced in 2007 through its Storm Secure program and its comprehensive annual reliability and maintenance programs.

“Reliability is at the core of everything we do for our customers. Today, we have in place a comprehensive and wide ranging group of reliability programs that are making a difference in the quality of service experienced by our customers,” said Geisha J. Williams, FPL vice president for distribution. “If we do not see any hurricanes this year, we expect our service reliability to be further enhanced in 2007, as we implement all our programs.”

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) today announced financial results for its fourth quarter and year ended December 31, 2006. Net earnings rose 16 percent to a record $264 million, or $2.95 per diluted share, compared with $227 million, or $2.62 per diluted share in 2005. Full year results reflect substantial growth in the Oil & Gas, Industrial & Infrastructure and Global Services businesses, which was partly offset by cost overruns on fixed price projects in the Government segment. Consolidated operating profits for the year were $557 million, up 28 percent from $436 million a year ago. Operating margins increased to 4.0 percent from 3.3 percent in 2005, reflecting improvements in Oil & Gas and Industrial & Infrastructure. Revenues rose 7 percent over 2005, to $14.1 billion, primarily due to growth in work performed in all segments except Industrial & Infrastructure.