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TLVT Telvent Git

39.47
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26 Jun 2024 - Closed
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Share Name Share Symbol Market Type
Telvent Git NASDAQ:TLVT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 39.47 0 01:00:00

Zunyi Power Selects Telvent for Real-Time Smart Grid Technology

23/08/2011 4:30pm

GlobeNewswire Inc.


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Telvent (Nasdaq:TLVT), the leading real-time IT solutions and information provider for a sustainable world, announced today that Zunyi Electrical Power Supply Company of Guizhou, China has selected its OASyS DNA supervisory control and data acquisition (SCADA) system to accurately collect and analyze real-time data on grid operations for approximately 800,000 customers.

Telvent's smart grid technology will allow Zunyi Power, a utility managed by Guizhou Power, to gather and analyze data via a user-friendly interface that operates in conjunction with current Telvent technology being implemented in all of Guizhou's provincial cities. With this integrated solution, Zunyi Power will have the ability to collect reliable data from the field and analyze the information to support the planning, operation and analysis of the current distribution system, thereby increasing reliability and grid efficiency. This comprehensive technology will also help curb energy loss through power load management, rather than generating additional energy. The ability to make faster operational decisions will provide maximum power reliability to customers.

According to Telvent's Chairman and CEO, Ignacio Gonzalez, "Telvent's integrated smart grid tools give Zunyi Power the most robust capabilities to better serve its customers today and serve as the foundation for future efforts. We are proud to expand our solutions in China, which is a critical market and energy innovator."

Telvent's advanced distribution management system solution helps utilities manage power for 66 million customers worldwide in more than 20 countries. It was recently given a "positive" rating following an analysis by Gartner, Inc., the world's leading information technology research and advisory company, in its March 2011 report, "MarketScope for Advanced Distribution Management Systems."

About the MarketScope

The MarketScope is copyrighted 2011 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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

CONTACT: Investor Relations Contact
         
         Manuel Fernandez Maza
         Tel. +1 301 354 5432
         Email: ir@telvent.com
         
         Communication Department Contact
         
         Sandi Scott
         Tel. +1 952 851 7216
         Email: sscott@tunheim.com

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