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PSI Awarded Major Contract from German Gas Supplier

20.11.2008

Gas management system on the basis of PSIcontrol V7

The PSI AG has been awarded by a major German Gas supplier with the delivery of a complete gas management system for its entire German pipeline network. The solution ordered is based on the PSIcontrol V7 control system, which has extensive functionalities for the requirements of the liberalized gas market. The total volume of the project is more than 8 million euros.

PSI expects additional major contracts with similar volumes from other European and Russian gas suppliers in the coming quarters. Russian energy providers, in particular, are continuing to accelerate investments in the expansion of their domestic and cross-border energy networks.

PSI AG develops and integrates individual solutions, on the basis of its own software, for the management of energy networks (electricity, gas, oil, heat, water), cross-company production management (steel, mechanical engineering, automotive, logistics) and infrastructure management for telecommunications, transport and safety. PSI was founded in 1969 and employs 1,100 persons in the group.



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