Telvent Selected to Implement Smart Grid Solutions for Progress Energy Florida

Telvent Technology Will Enable the Utility to Bridge the Gap Between Its Enterprise Network and Activities in the Field, Delivering Real-Time Data for Critical Decisions


ROCKVILLE, Md., Aug. 25, 2011 (GLOBE NEWSWIRE) -- 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



            

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