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July

Telvent Awarded Contract for the Maintenance and Repair of E-ZPass System

July 31, 2008

July 31, 2008 - Telvent (NASDAQ: TLVT), the IT company for a sustainable and secure world, announced today that it has been awarded a contract for the Maintenance and Repair of the Electronic Toll Registry System for the MTA Bridges & Tunnels E-ZPass System. The contract is valued at approximately 18 million euros.

The contract involves the upgrade, enhancement, and maintenance of an E-ZPass electronic toll collection system, with electronic E-ZPass and manual collection lanes. Telvent will implement its Remote Operations and Maintenance System (ROMS), a monitoring tool that will improve maintenance and operations efforts, further increasing system availability for MTA Bridges & Tunnels E-ZPass patrons.

MTA Bridges and Tunnels (MTA B&T), the largest among the nation's bridge and tunnel toll authorities in terms of traffic volume, serves more than a million people daily in the New York metropolitan area. As a constituent agency of the Metropolitan Transportation Authority (MTA), its dual role is to operate seven bridges and two tunnels and to provide surplus toll revenues to help support public transit. The MTA B&T E-ZPass system is comprised of a total of 206 lanes, and over 850,000 vehicles use these facilities each day.

Telvent´s Chairman, Manuel Sanchez, stated, “We are delighted to expand upon our relationship with MTA Bridges & Tunnels. We look forward to continuing to work diligently with MTA B&T to provide its patrons with our state-of-the-art system.”

This contract allows Telvent to strengthen its position in the US toll market, as a technological leader in Electronic Toll Collection Systems. The Company has also been awarded contracts by the Central Texas Regional Mobility Authority (CTRMA) for the maintenance services of its Open Road Tolling system, and the installation of the first E-ZPass toll collection system for the Rhode Island Turnpike and Bridge Authority at the Newport-Pell Bridge.


About Telvent

Telvent (NASDAQ: TLVT) is a unique global company listed on the NASDAQ Stock Exchange and a component of the CleanTech IndexTM —the first, and only, stock market index of leading clean technology ("cleantech") companies.

Telvent, the IT Company for a sustainable and secure world, specializes in high-value-added products, services and integrated solutions in the Energy, Transportation, Environmental and Public Administration industry segments, as well as Global Services. Its innovative technology and proven experience help ensure secure and efficient management of the operating and business processes of the world’s leading companies . (www.telvent.com)


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