ROCKVILLE, Md., Jan. 10, 2011 (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the leading real-time IT solutions and information provider for a sustainable world, announced today that it has expanded its partnership with China South Grid Guizhou Electric Power Company. Based on the success of a previous pilot project, Telvent will now provide its Distribution Management System (DMS) to Guizhou Power's entire service territory.
With the expanded use of DMS, Guizhou Power will have the ability to integrate and display data using a single system that provides real-time advanced distribution information and more accurate calculations for planning a smarter grid. Thanks to this single-source of data, the state-owned utility will save on costs typically needed for additional software and systems. Guizhou Power will also have the ability to share critical data more easily among departments, increasing operational efficiencies and providing a more stable power supply for its 40 million residents.
According to Telvent's CEO, Ignacio Gonzalez, "Expanding our relationship with Guizhou Power is the best proof that we are providing valuable smart grid solutions for our clients. We are pleased that our accurate data and analytics have helped improve operations and we look forward to continuing this partnership."
Telvent has developed and deployed advanced information management systems for the energy industry for nearly 50 years. Today, more than 500 utilities worldwide rely on Telvent technology and solutions, including advanced metering infrastructure (AMI) projects for Vattenfall (Sweden), Fortum (Finland) and SCADA, DMS, GIS or OMS projects for Consumers Energy (United States), Progress Energy (United States), Distribution Grids of Elektra (Panama), Emcali (Colombia), Saesa (Chile) and CNFL (Costa Rica).
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. ()
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CONTACT: Investor Relations Contact Manuel Fernandez Maza Tel. +1 301 354 5432 Email: ir@telvent.com Communication Contact Patricia Malo de Molina Tel. +34 954 93 71 11 Email: comunicacion@telvent.com
