Corporate | 8 August 2006 09:44
PSI Wins Major Orders in Energy from Germany and Czech Republic
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The issuer is solely responsible for the content of this announcement.
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PSI Wins Major Orders in Energy from Germany and Czech Republic
The PSI AG has won a number of important orders in the electrical energy
sector in the past few months from both Germany and abroad. Amongst these
are two major control systems contracts from EnBW Regional AG and the Czech
ČEZ Distribuce and three more orders from Germany.
The previous network control system of EnBW Regional AG in Esslingen, which
was originally erected for the grid for the former Neckarwerke Stuttgart,
is being expanded to become the 110 kV and medium voltage network for the
entire EnBW grid in Baden-Württemberg, with a number of control stations.
ČEZ Distribuce has also charged PSI with the realization of a very
large system. ČEZ Distribuce is a merger of a number of Czech
distribution network operators containing the northern section of the Czech
Republic. The new system will carry the 110 kV grid, the medium voltage and
the low voltage grids. To this end, a number of control stations have been
erected. The local service will be provided by a Czech partner company.
The orders from the regional utilities E.ON Mitte AG, HEAG Südhessische
Energie AG (HSE) and NRM Netzdienste Rhein-Main GmbH proof the demand for
cross bracing control systems for electricity networks and pipelines.
Subject of the orders from E.ON Mitte and HSE is the renewal of existing
PSI control systems, which are extended in the context of the project also
by pipeline functions.
With these orders PSI has again solidified its good market position in the
field of Electrical Energy and proven the competitiveness of PSI products
over strong international competition. The total volume of the orders is
over 15 million euros. In addition, PSI has won numerous orders for
extension of existing systems with new functions in the course of the last
few months. The use of PSI products represents a strategic component for
efficient network operation for energy supply customers.
PSI AG develops and integrates individual solutions, on the basis of its
own software, for the management of large networks (electricity, gas, oil,
telecommunications, transport), cross-company production management (steel,
machinery/plant construction, automotive, logistics) and information
management for government and service providers. PSI was founded in 1969
and employs more than 1,000 persons in the group.
www.psi.de
PSI AG
Karsten Pierschke
Cmmunications and Investor Relations
Dircksenstrasse 42-44
10178 Berlin
Germany
Tel. +49 30 2801-2727
Fax +49 30 2801-1000
E-Mail: KPierschke@psi.de
(c)DGAP 08.08.2006
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Language: English
Issuer: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin Deutschland
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
WWW: www.psi.de
ISIN: DE0006968225
WKN: 696822
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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