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Rocio Castro. Communication Department.
September 15, 2005
Madrid, September 15, 2005 – Telvent GIT S.A. (NASDAQ: TLVT), the Global RealTime IT Company, has been awarded a contract by CenterPoint Energy, Inc.’s (NYSE: CNP) electric transmission and distribution subsidiary to supply a replacement Supervisory Control and Data Acquisition (SCADA) Master Station for their Distribution Automation Control System (DACS), which is the primary system monitoring and controlling the company’s electrical distribution network beyond the substation.
The new system installation is based on Telvent’s OASyS DNA distributed open architecture platform, and includes SCADA, historical archiving and web services. Manuel Sánchez Ortega, Telvent Chairman and Chief Executive Officer commented, “We continue to grow the portion of value-added applications in our sales mix. This system upgrade will help CenterPoint Energy achieve increased operational efficiency and improved reliability, which in turn will contribute towards reduced annual operating expenditures and improved quality of service for its electric customers in the greater Houston area.”
CenterPoint Energy selected Telvent over other proposed systems for several reasons, including the competitive advantages offered by OASyS DNA. In addition to technology, another important contributing factor was the positive evaluation of the capabilities of the Telvent team to support the migration of CenterPoint Energy’s legacy system to the new platform. The new DACS system is scheduled to be completed by the end of 2005.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and sales, interstate pipeline and gathering operations. The company serves nearly five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. Assets total approximately $17 billion. With more than 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 130 years. For more information, visit the company’s web site at www.CenterPointEnergy.com.
Telvent (NASDAQ: TLVT), the Global RealTime IT Company, specializes in high value-added solutions for four specific industrial sectors (Energy, Traffic, Transport and Environment) in Europe, North America, Latin America and China. (www.telvent.com).