Corporate | 19 January 2007 14:48
PSI Aktiengesellschaft / Strategic Company Decision
Corporate news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Correction: PSI Group with New Segment Structure Starting in 2007
The PSI AG has implemented another important step toward modernization and
export orientation of the Group. Instead of the segmentation in Network,
Production and Information Management that has existed since 2002, in the
future the Group will consist of the segments Energy Management, Production
Management and Infrastructure Management. The Infrastructure Management is,
unlike the former Information Management, oriented clearly towards
solutions that are not limited to the German market, but rather which can
be exported to the growth markets in Eastern Europe and Asia.
Since 1 January 2007, the Network Management segment, where the structure
reflected the multi-utility concept of the nineties, has begun
concentrating strictly on energy management solutions for Germany and the
international market. This consists of systems for the electricity, gas and
oil utilities markets as well as for the growing energy trading and sales
markets. Within the Group-wide platform strategy, PSI will drive the
convergence of the control systems cores in Energy Management. This will
improve the conditions for a further growth in exports and the use of core
products in other business units. The Production Management segment was
expanded, as reported in December, by the transportation management
activities in logistics. New orders grew by 18% in 2006.
The Information Management segment, which to date provided individual and
consulting services in the German market, will be oriented at the target
market Infrastructure Management. To that end, the previously separated
control systems activities of the units traffic, telecommunication and
safety will be combined in the PSI Transportation GmbH under the new name
PSI Transcom GmbH and assigned to the segment. The PSI Transcom GmbH has a
staff of 80 persons at the sites Berlin, Aschaffenburg and Düsseldorf and
has budgeted sales of about 15 million euros for 2007.
PSI AG develops and integrates individual solutions, on the basis of its
own software, for energy management (electricity, gas, oil, water),
cross-company production management (steel, machinery, automotive,
logistics) and infrastructure management for telecommunications, transport
and safety. PSI was founded in 1969 and employs more than 1,000 persons in
the group. www.psi.de
PSI AG
Karsten Pierschke
Communications and Investor Relations
Dircksenstrasse 42-44
10178 Berlin
Germany
Tel. +49 30 2801-2727
Fax +49 30 2801-1000
E-Mail: KPierschke@psi.de
DGAP 19.01.2007
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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
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