PSI Software SE

Regulatory Filings • Nov 2, 2010

News Details

Corporate | 2 November 2010 11:00

PSI Receives Order from OAO Gazprom for the Gas Transportation Business

PSI Aktiengesellschaft / Key word(s): Contract

02.11.2010 11:00

PSI Receives Order from OAO Gazprom for the Gas Transportation Business

PSI has been awarded by the Gazprom subsidiary OJSC 'Gazavtomatika' OJSC
'Gazprom' a contract to deliver the software for the control system of the
Baidaratskaya compressor station. This strategically important order
represents the kick-off for other planned control systems for the Gazprom
Bovanenko-Uchta gas pipeline and the northern European gas transport trunk
line (Nord Stream onshore).

With the use of PSIcontrol V7, Gazprom intends to develop highly efficient,
hierarchically structured control systems for the control of gas
transportation in strategically important gas transportation pipelines.
Concrete work is being performed in particular for the gas transportation
pipeline Bovanenko-Uchta-Torshok and the northern European gas transport
line (Nord Stream onshore). PSIcontrol V7 is planned for both the
realisation of cross-pipeline dispatching centers as well as for the local
control system levels below them. The Baidaratskaya compressor station is
part of the Bovanenko line.

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

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 Hamburg, München, Düsseldorf, Berlin, Stuttgart

End of Announcement DGAP News-Service

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