MADRID, Spain, March 28, 2008 (PRIME NEWSWIRE) -- Telvent GIT S.A. (Nasdaq:TLVT), the IT company for a sustainable and secure world, announced today that it has been selected by Cleantech Indices, LLC, in conjunction with the American Stock Exchange (AMEX), to join The Cleantech Index(tm) (CTIUS), effective March 29, 2008.
The Cleantech Index(tm) (www.cleantechindex.com) is the first, and only, equity index intended to reflect the surging global demand for clean technology products and services. The index is comprised of 46 public companies -- traded on either the New York or American Stock Exchanges or the NASDAQ National Market -- that are leaders in cleantech innovation and commercial deployment across a broad range of industry sectors, including energy efficiency and renewable energies and air & water quality management.
Telvent has been selected for its strong growth potential, technology, impact, sector representation and leadership, as Rafael Coven, managing partner and index advisor, has stated. This inclusion recognizes that Telvent excels at applying innovative solutions to a broad array of critical infrastructures that affect millions of people, improving safety and efficiency everyday; from IT infrastructures, to public transport and highway systems, electric grids, oil and gas pipelines, and water distribution systems.
According to Telvent's Chairman and Chief Executive Officer, Manuel Sanchez, "We are very proud of the selection of Telvent for this exclusive and unique equity index." In addition, he added, "Telvent has been working for over 30 years in the development of IT solutions that have a direct impact on the world's sustainability and security. Having been selected to be part of the Index that reflects the surging global demand for clean technology products and services is a significant recognition of the Company's work and the effort of its more than 5,000 professionals."
About Telvent
Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, specializes in high value-added products, services and integrated solutions for the Energy, Transportation, Environment and Public Administration industry segments, as well as Global Services. Its innovative technology and client-proven expertise enable the efficient and secure real-time management of operational and business processes for industry-leading companies worldwide. (www.telvent.com)
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