GlobeNewswire
2010-03-09
Sustainable Electric Grid Infrastructure Solutions Support
Distribution Efficiency, Reliability, and Security to Meet
the Needs of 21st Century Society
ROCKVILLE, Md., March 9, 2010 (GLOBE NEWSWIRE) -- Telvent
(Nasdaq:TLVT), the IT company for a sustainable and secure world,
announced today it will be supplying its Distribution Management System
(DMS) components for an advanced network control system planned by
Hungarian power distribution companies EMASZ Halozati Kft Miskolc and
ELMU Halozati Kft Budapest. This new network control system will serve
nearly half of Hungary's electricity consumers. Hungarian automation
engineering company PROLAN, supported by Telvent, was awarded the
project over other elite European competitors.
EMASZ's electric distribution operation is headquartered in Miskolc and
serves areas in northeast Hungary. ELMU's service area covers Budapest
and surrounding regions. Their ability to leverage PROLAN and Telvent's
integrated, scalable solution will enable EMASZ and ELMU to efficiently
plan, design, and operate a reliable and efficient smart electric grid
to better serve more than 1.5 million customers.
EMASZ and ELMU will implement advanced Telvent EMS and DMS network
applications and functionalities to help coordinate all network
facilities. EMASZ and ELMU will improve operation performances and the
quality of power supply with the new solution.
"The selection of the Telvent solution by EMASZ and ELMU is a very
significant win for us," stated Manuel Sanchez, Telvent Chairman and
CEO. "It keenly exemplifies our goal to help utilities implement
strategies to provide reliable electrical energy supply in the most
efficient way."
The EMASZ system is expected to be implemented in two years, with the
ELMU system to follow. The project agreement, contracted in September
2009, also calls for integrating Telvent DMS with existing IT systems,
including: GIS, workforce management system, SAP modules, and external
business systems. This award reflects similar projects launched by
Telvent in more than 100 electric network control centers worldwide.
About Telvent
Telvent (Nasdaq:TLVT) is a global IT solutions and business information
services provider that improves the efficiency, safety and security of
the world's premier organizations. The company serves markets critical
to the sustainability of the planet, including the energy,
transportation, agriculture, and environmental sectors.
(www.telvent.com)
The Telvent GIT S.A. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3116
CONTACT: Telvent GIT S.A.
Investor Relations Contact
Barbara Zubiria
+ (1) 301 354 4680
ir@telvent.com
Communications Contact
Patricia Malo de Molina
+34 954 93 71 11
comunicacion@telvent.com