Is anyone familiar with a product by a company called EPC out of Anaheim, CA?

They make a modular, gangable metersocket/panelboard.

The main buss which runs through the metersockets is rated at 400 amps.

The panels are rated at 125A, manuf. prewired, MLO, 6 branch circuit spaces.

This application is typically used in multi-unit apartment buildings. A main service feeds the building and then feeders (usually 200 to 400 amps) are brought to several locations to feed however many of these metersocket/panel combos are ganged together, which is typically around 6 to 8.

Do these panels need main breakers?

Exception No. 2 says for existing installations the main at the panel is not necessary. If this equipment is installed new, but the building is existing and additional circuits are not being added, would this Exception apply?

I believe it is a new installation which would require a main breaker. But why would a manufacturer make something that can't be used without modification?

I am currently waiting on a response from UL as well on this.