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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

Siemens PTI Announces New Sweeping Enhancements to its Distribution Portfolio

22/01/2008 7:00pm

PR Newswire (US)


Silvergate Capital (NYSE:SI)
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A World Leader in Transmission Capabilities Follows Suit in the Distribution Space RALEIGH, N.C., Jan. 22 /PRNewswire/ -- Siemens Power Transmission & Distribution, Inc., through its Siemens Power Technologies International group (Siemens PTI), recently announced new capabilities and organization across its entire distribution and industrial portfolio. (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) "Siemens PTI has organized to deliver on its goal of enabling our customers to achieve outstanding reliability, profitable growth and business excellence in the distribution and industrial arenas. We have developed a comprehensive solution portfolio for the distribution and industrial marketplace by enhancing our software products, our educational services, and our consulting support," said Michael Edmonds, Siemens PTI vice president and general manager. First, Siemens PTI has released its most recent version of PSS(TM)SINCAL -- the comprehensive distribution and industrial network planning and analysis tool. This new version of PSS(TM)SINCAL, adopted world-wide by utility and industrial companies and engineering consulting firms for basic and advanced network analyses, now adds advanced reliability calculations and extended protection coordination capabilities into its already comprehensive capabilities. Second, Siemens PTI has also enhanced its Power Academy TD training offerings to include additional courses that extend the practical knowledge of distribution and industrial engineers. Power Academy TD's extensive curriculum empowers the student to improve their knowledge of planning methodologies and examines new technologies and trends. Increased system efficiencies and cost reductions result, enabling the utility to succeed better in today's competitive utility environment. Finally, Siemens PTI's network consulting practice has expanded with distribution planning and industrial systems analysis capabilities. Siemens PTI's additional technical skills, extensive real world experience and electrical system knowledge are now available to the distribution and industrial sectors. "Individually, any one of these product or service organizational changes would be significant. But, taken as a whole, they demonstrate Siemens PTI's commitment to provide the breadth, depth and unique cross-functional synergies in a solution that Siemens is delivering today to the distribution and industrial marketplace," said Kevin O'Hara, vice president and general manager of Siemens Power Transmission & Distribution, Inc., Service Solutions Division. 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, Inc. CONTACT: Holly Bounds of Siemens Power Transmission & Distribution, Inc., +1-678-427-6700, Web site: http://www.usa.siemens.com/energy http://www.energy-portal.siemens.com/

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