Corporate | 9 June 2008 09:30
PSI Aktiengesellschaft / Contract/Regulatory Approval
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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PSI Awarded Major Contract in Energy Sector from Thailand
Seven control systems for the Provincial Electricity Authority
PSI, as a part of an international consortium, has been awarded with
supplying a total of seven control systems for electrical distribution
management in seven Thai provinces by the Provincial Electricity Authority
(PEA). PSI will cooperate with the Malaysian partner inControl Tech, which
has already successfully implemented a number of PSI control systems in
Malaysia. The total term of the project will be more than three years.
The PEA is a state-owned company which is headed by the Thai Ministry of
the Interior. It is responsible for the energy supply for large parts of
Thailand. PEA covers an area of about 510,000 square kilometers with its
electrical grid. PEA’s activities are based on a national plan for economic
and social development and should guarantee an efficient and reliable
energy supply.
With PEA, PSI has attained an important new customer in the growth region
of Southeast Asia. At the same time, the contract underlines PSI’s
technological leading position in the worldwide market for high-end energy
control systems.
PSI AG develops and integrates individual solutions, on the basis of its
own software, for the management of energy networks (electricity, gas, oil,
water, heat), cross-company production management (steel, mechanical
engineering, automotive, logistics) and infrastructure management for
telecommunications, transport and safety. PSI was founded in 1969 and
currently 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
09.06.2008 Financial News transmitted by DGAP
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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
Internet: www.psi.de
ISIN: DE0006968225
WKN: 696822
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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