DGAP-News: PSI strengthens ArcelorMittal ties, with production management Master Agreement

| Source: EQS Group AG
DGAP-News: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie / Key word(s): Contract
PSI strengthens ArcelorMittal ties, with production management Master

28.05.2014 / 11:19


PSI strengthens ArcelorMittal ties, with production management Master

PSI Metals has signed a Master Agreement with ArcelorMittal, defining the
governance of the close collaboration with respect to production management
solutions. The main aim of the contract is to standardise the terms of
licence and maintenance for current and future PSImetals solutions across
the ArcelorMittal group and to support the standardisation process for
production management solutions, in order to reduce the Total Cost of
Ownership at ArcelorMittal. The contract was signed by ArcelorMittal
Purchasing SAS on behalf of all ArcelorMittal business units and affiliates

In addition to general agreements to manage the partnership, the Master
Agreement provides a licence agreement for a more flexible utilisation of
PSImetals solutions and a standardised support service level through the
maintenance of all the running and future applications in the ArcelorMittal
group. The Master Agreement with PSI Metals aims to harmonise the
production management processes for the different business areas and plants
and their related applications. ArcelorMittal will get detailed PSImetals
know-how, to build-up respective internal competence centres. In a mid-term
horizon this should lead to an ever-increasing PSImetals implementation in
the different plants, in which ArcelorMittal can take over more and more
the customisation, commissioning and maintenance of the solutions in order
to realise harmonisation and cost reductions.

ArcelorMittal is the world's leading steel and mining company, with a
presence in more than 60 countries and an industrial footprint in over 20
countries. Guided by a philosophy to produce safe, sustainable steel, it is
the leading supplier of quality steel products in all major markets
including automotive, construction, household appliances and packaging.

PSI Metals GmbH is the leading company in Supply Chain Management,
Manufacturing Execution and Advanced Planning & Scheduling in the metals
industry. PSImetals is the industry standard for planning and control
throughout the entire logistics chain and has already been implemented in
different ArcelorMittal business units and plants.

On the basis of its own software products, PSI AG develops and integrates
complete solutions for energy management (gas, oil, electricity, heat,
energy trading), production management (mining, metals, automotive,
mechanical engineering, logistics) and infrastructure management for
transport and safety. PSI was founded in 1969 and employs 1,700 persons
worldwide. www.psi.de

Karsten Pierschke
Head of Investor Relations and Corporate Communications
Dircksenstraße 42-44
10178 Berlin

Phone +49 30 2801-2727
Fax +49 30 2801-1000
E-Mail: KPierschke@psi.de

End of Corporate News


28.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language:    English                                               
Company:     PSI Aktiengesellschaft für Produkte und Systeme der   
             Dircksenstraße 42-44                                  
             10178 Berlin                                          
Phone:       +49 (0)30 2801-0                                      
Fax:         +49 (0)30 2801-1000                                   
E-mail:      ir@psi.de                                             
Internet:    www.psi.de                                            
ISIN:        DE000A0Z1JH9                                          
WKN:         A0Z1JH                                                
Indices:     TecDAX                                                
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
End of News    DGAP News-Service  
270976 28.05.2014