PSI Software SE

M&A Activity • Feb 9, 2011

News Details

Corporate | 9 February 2011 09:16

PSI and GreenCom Networks Conclude a Partnership

PSI Aktiengesellschaft / Key word(s): Alliance

09.02.2011 / 09:16

PSI and GreenCom Networks Conclude a Partnership
Cooperation in the development of integrated energy management systems

PSI AG and GreenCom Networks GmbH have concluded a partnership for the
development of integrated energy management systems. The primary goal is
the linking of existing network control systems with information for the
end-customer consumption, distributed generation and electrical vehicles.

The energy sector is currently undergoing major changes. The increasing
portion of distributed generation, the future possibilities for improved
control of the end consumption and the increasing importance of electrical
vehicles require new solutions for controlling the energy system. Today's
network control systems allow the monitoring and control of the energy
systems in the high and medium voltage range. Distributed generation,
intelligent consumption management (demand response) and the use of
electro-vehicles is, however, also occurring at the low-voltage level. The
partnership between PSI and GreenCom Networks will target this segment.

GreenCom Networks develops solutions for energy suppliers, which allow for
demand response and the integration of distributed generation. The
information and control possibilities available in the low-voltage range
will be of essential importance for distributed network operators to
optimally control their networks. This information can be directly
processed by the network control systems of the future. PSI and GreenCom
Networks will develop common interfaces for these tasks.

The energy suppliers' sales companies will then be able to provide the
network operators with important information about consumption, load shifts
or reserve capacities in the low voltage range in real time. The
partnership between PSI and GreenCom Networks also includes the development
of the interfaces to trading systems. This will allow to handle demand
response products or the management of distributed generators as so-called
virtual power plants in the future. Sales companies will then be in a
position to significantly increase the value of their customers and obtain
additional income on the wholesale market. PSI will bring their expertise
in the field of trading systems to the table while GreenCom Networks will
contribute solutions for the recording and controlling of demand response
and distributed generation products.

'With PSI, we are working with the leading partner in Europe for network
control systems, not only from the perspective of market share, but also
with regard to the state of development. The partnership will open up
entirely new opportunities for optimally supporting the changes in the
energy sector,' says Dr. Christian Feißt, Speaker of the GreenCom Networks
Management.

'Consumption control is an essential component in the integration of the
volatile renewable energies and can only be attained through the
interaction of communication technology, energy technology and process
know-how, says Dr. Harald Schrimpf, CEO of PSI AG. 'With GreenCom Networks,
we have obtained a new market participant for customers and partners, a
partner with whom we can develop and test the future-oriented technology on
the basis of our market-leading energy control systems.'

GreenCom Networks GmbH is a company which develops solutions for the
intelligent control of customer consumption, distributed generation and
electrical cars. GreenCom Networks develops and operates the solutions for
energy suppliers and works closely with leading companies in the industry
to establish open standards.
www.greencom-networks.com

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 transport and safety. PSI was founded in 1969 and employs
1,400 persons in the group. www.psi.de

Your contact persons:

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

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

GreenCom Networks GmbH
Carsten Gastes
Head of Marketing & Public Relations
Dingolfinger Straße 1-15
81673 Munich
Germany

Phone +49 89 5108 56 09
Facsimile +49 89 5108 56 21
E-Mail: carsten.gastes@greencom-networks.com

End of Corporate News

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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

End of News DGAP News-Service

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