PSI Software SE

Regulatory Filings • Dec 20, 2010

News Details

Corporate | 20 December 2010 11:28

PSI Receives Additional Order from OAO Gazprom

PSI Aktiengesellschaft / Key word(s): Contract
PSI Receives Additional Order from OAO Gazprom

20.12.2010 / 11:28

PSI Receives Additional Order from OAO Gazprom
Control system software for the northern European gas transportation trunk
line

PSI has been contracted by the Gazprom subsidiary OJSC 'Gazavtomatika' OJSC
'Gazprom' with the delivery of the software for the control system of the
northern European gas transportation trunk line (Nord Stream onshore). Nord
Stream onshore is supposed to supply the planned Baltic Sea pipeline on the
Russian mainland with natural gas from the Yamal peninsula. With this
strategically important order, Gazprom has reemphasized its decision to use
PSI control systems for new investments in the gas transportation business.

The current contract consists of the initial delivery for Nord Stream
onshore with dispatching centres in St. Petersburg and Uchta as well as two
compressor stations, including the Portovaya compressor station right on
the Baltic Sea. Software for an additional five compressor stations is
foreseen for subsequent delivery stages.

With the use of PSIcontrol V7 Gazprom will have highly efficient,
hierarchically structured control systems for the control of the gas
transportation in strategically important gas transportation pipelines.
PSIcontrol V7 is planned for both the realisation of cross-pipeline
dispatching centres as well as for the local control system levels below
them. Additional concrete work is currently being performed on the
Bovanenko-Uchta-Torshok gas transportation pipeline. An order for the
Baidaratskaya compressor station has already been placed in the course of
this.

Gazavtomatika is the general contractor and responsible system integrator
for the realisation of the projects based on the PSI software. Beyond that,
PSI is also supporting Gazavtomatika conceptually in the development of the
system solutions and is assuming the training of the Gazavtomatika
engineers for the product-specific know-how of the PSI software employed.
The PSI gas and oil business has a long history of cooperation with
Gazavtomatika, for which a partnership agreement was concluded in 2009.

PSI AG develops and integrates complete solutions, on the basis of its own
software products, for the management of energy networks (electricity, gas,
oil, heat, water), cross-company production management (metals, automotive,
mechanical and plant engineering, mining, logistics) and infrastructure
management for telecommunications, transport and safety. PSI was founded in
1969 and employs 1,400 persons in the group. www.psi.de

Your contact person:

PSI AG
Karsten Pierschke
Communications and Investor Relations
Dircksenstraße 42-44
10178 Berlin
Germany

Phone +49 30 2801-2727
Facsimile +49 30 2801-1000
E-Mail: KPierschke@psi.de

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Language: English
Company: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin
Deutschland
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart

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107058 20.12.2010