Iris Power LP was established to provide high-quality products and services to improve maintenance capabilities for large motors and generators used by power utilities and heavy industries throughout the world. Established in 1990, Iris Power offers sensors, monitors and diagnostic solutions to evaluate the true condition of generators, motors, dry-type transformers and air-insulated switchgear in order to reduce the risk of failures and plan necessary maintenance. Iris Power condition based monitoring solutions are trusted on over 15,000 machines across power utilities and heavy industrial sites worldwide. In 2010, Iris Power LP was acquired by Qualitrol Corporation, a global leader in condition based monitoring and an independent subsidiary of Fortive Corp Fortive Corp. (NYSE:FTV) www.qualitrolcorp.com