Telvent Selected to Implement Smart Grid Solutions for Progress Energy Florida
August 25 2011 - 11:00AM
Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure
world, announced today that it has been selected by Progress Energy
Florida (PEF) to engineer, design and implement Telvent's OASyS
SCADA solution to help the utility better serve its more than 1.6
million electric customers.
Telvent will implement its supervisory control and data
acquisition (SCADA) system, OASyS DNA, allowing PEF to receive
reliable, real-time information from the field. This data is
presented in a user-friendly interface, seamlessly integrating with
the utility's current software. With Telvent managing PEF's
distribution network and maintaining its operational integrity, PEF
will have enhanced reliability and the capacity to make faster
operational decisions, increase distribution efficiency and enhance
customer satisfaction.
According to Telvent's chairman and CEO, Ignacio Gonzalez,
"Integrating these advanced tools is one of the best ways a utility
can gain the information necessary to improve efficiencies while
updating its infrastructure. We are proud to serve Progress Energy
Florida and its customers' needs and look forward to seeing the
positive results."
Telvent previously achieved successful results with PEF's sister
company, Progress Energy Carolina (PEC). For the past 13 years, PEC
has used Telvent's SCADA system and recently upgraded its version
to ensure it is receiving the latest and most reliable real-time
data to manage its operations.
For nearly 50 years, Telvent has developed and deployed advanced
information management systems for the energy industry. Today, more
than 500 utilities from around the world rely on Telvent technology
and solutions.
About Telvent
Telvent (Nasdaq:TLVT) is a global IT solutions and
business information services provider dedicated to helping improve
efficiency, safety and security for the world's leading companies.
Telvent serves markets that are critical to the sustainability of
the planet, including the energy, transportation, agricultural and
environmental sectors. (www.telvent.com) The Telvent GIT S.A. logo
is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6852
CONTACT: Investor Relations Contact
Manuel Fernandez Maza
Tel. +1 301 354 5432
Email: ir@telvent.com
Communication Department Contact
Sandi Scott
Tel. +1 952 851 7216
Email: sscott@tunheim.com
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