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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Silvergate Capital Corporation NYSE:SI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0 01:00:00

California ISO Chooses Siemens Software for Transmission Planning

12/02/2008 12:00pm

PR Newswire (US)


Silvergate Capital (NYSE:SI)
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PSS(TM)E software selected for comprehensive and advanced technical capabilities RALEIGH, N.C., Feb. 12 /PRNewswire/ -- The California Independent System Operator (California ISO) has selected the Siemens Power Transmission & Distribution, Inc., Siemens Power Technologies International (Siemens PTI) PSS(TM)E software suite to augment their transmission planning processes. The software includes the new probabilistic reliability features (TPLAN) recently included in the PSS(TM)E Version 31 base system. (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) The California ISO conducted a comprehensive evaluation process and selected the overall comprehensive and advanced technical capabilities of the feature set of PSS(TM)E. Further, Siemens PTI continues to invest in additional capabilities in the software that would help meet California ISO's needs into the future. Mike Edmonds, vice president and general manager of Siemens PTI, stated, "We are pleased to add California ISO as a customer of our PSS(TM)E software in addition to the other Siemens PTI software that they use. California ISO has confirmed its intent to focus on reliability by using what we feel is one of the most advanced and versatile planning software packages in the industry." The California ISO is a not-for-profit public benefit corporation charged with managing the flow of electricity along California's open-market wholesale power grid. The mission of the California ISO is to safeguard the reliable delivery of electricity, and to strive to be a world-class electric transmission organization built around a globally-recognized and inspired team providing cost-effective and reliable service to ensure equal access to 25,000 circuit miles of "electron highway." About Siemens Power Transmission & Distribution (USA) Siemens Power Transmission & Distribution, Inc., headquartered in Raleigh, NC, creates innovative product, system and service solutions for its customers -- electric utilities, transmission organizations, Independent System Operators, and large energy consumers. It is a leading supplier of high and medium voltage power delivery equipment, energy management systems, network planning and power system engineering software for regulated and deregulated generation, transmission, and distribution markets. The company's products and systems are used to increase power system capacity and improve the reliability, stability and flexibility of power delivery and network control systems. It has operations in Wendell, NC; Jackson, MS; Minneapolis, MN; San Jose, CA; Schenectady, NY; Jackson, TN; Heber Springs, AR; and Atlanta, GA. For more information visit us at: http://www.usa.siemens.com/energy. http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO http://photoarchive.ap.org/ DATASOURCE: Siemens Power Transmission & Distribution CONTACT: Holly Bounds of Siemens Power Transmission & Distribution, +1-678-427-6700, Web site: http://www.energy-portal.siemens.com/ http://www.usa.siemens.com/energy

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