PSI Software SE

Regulatory Filings • Sep 21, 2010

News Details

Corporate | 21 September 2010 10:03

PSI awarded new contract in Chinese steel sector from Shougang Group

PSI Aktiengesellschaft / Key word(s): Contract

21.09.2010 10:03

PSI awarded new contract in Chinese steel sector from Shougang Group
Shougang Qian'An Iron and Steel decides in favour of PSImetals 5

PSI Chinese subsidiary PSI Information Technology Co., Ltd. has been
awarded by Shougang Qian'An Iron and Steel Co., Ltd. with the
implementation of the production management system PSImetals 5 for the
planning of two steel making plants and two hot rolling mills.

The new system is based on the PSImetals component Planning and provides an
integrated capacity balancing based on the rules and constrains of steel
making and hot rolling.

Shougang Qian'An decided in favour of PSImetals 5 because the solution met
the main requirement organising an integrated capacity time planning which
provides a detailed overview of the casting and rolling sequences for
several weeks or for several months. PSImetals 5 calculates the line
schedules by considering the rules of casters and hot rolling mill as well
as shipping and furnace age. The customer gets a clear production overview
for the whole month or a scenario for several months.

Shougang Qian'An Iron and Steel Co., Ltd. is a subsidiary of the Shougang
Group and is located on the Qian'An peninsula of the Hebei province.

PSImetals 5 incorporates the independent, complementary solutions of AIS,
PSI and 4Production into one new integrated offering, creating a product
line that provides an end-to-end solution for the complete supply chain.
Metals-specific products support all processes from planning to production
execution, in full consideration of the complexity of metals production.
PSImetals 5 enables manufacturers of steel and non-ferrous metals to ensure
their competitive edge by helping them reach the goal of full, on-time,
quality certified delivery of their customer orders, while respecting
inventory, productivity and cost performance targets.

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

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

Tel. +49 30 2801-2727
Fax +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 Hamburg, München, Düsseldorf, Berlin, Stuttgart

End of Announcement DGAP News-Service

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