DGAP-News: PSIPENTA Wins Important Rollout Order from CSR Sifang in China

| Source: EQS Group AG
DGAP-News: PSI Aktiengesellschaft für Produkte und Systeme der
Informationstechnologie / Key word(s): Incoming Orders/Contract
PSIPENTA Wins Important Rollout Order from CSR Sifang in China

06.08.2014 / 10:42


PSIPENTA Wins Important Rollout Order from CSR Sifang in China
Leading Chinese railway technology group puts comprehensive software
package for production management in operation

Berlin - PSIPENTA Software Systems GmbH has been contracted by the Chinese
railway technology group CSR Qingdao Sifang Locomotive Co., Ltd. with the
rollout of the comprehensive PSI software solution for production
management. The rollout process foresees the inclusion of about 2,000
employees and is to be completed within six months.

Based on the prototype developed for CSR Sifang in 2013, PSIpenta
Manufacturing Execution System (MES) will be implemented for the permanent
planning and controlling of the production processes interacting with SAP
at the enterprise control level. In addition during the rollout a central
production cockpit will be implemented so that CSR Sifang will get an
overview of the entire production supply chain. Special focus will be on
subjects such as production information in real time, abnormal handling,
material tracking with serial numbers and key performance indicators. The
process and initiation will be performed in Chinese by a mixed Chinese and
German PSI team.

For CSR Sifang the implementation of the PSI solution is an important step
towards achieving the strategic goal of becoming the world's leading
producer of high-speed strains. The company, a member of the CSR Group, is
one of the largest producers for the Chinese railway industry and one of
the most important manufacturers of components for locomotives and rolling

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


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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  
281066 06.08.2014