SOURCE: Telvent

Telvent

May 05, 2011 10:54 ET

Telvent Honored With First Annual Smart Grid Excellence Award

This First Annual Award Recognizes Telvent's Titanium Solution for Outstanding Innovation in Smart Grid Technology

ROCKVILLE, MD--(Marketwire - May 5, 2011) - Telvent (NASDAQ: TLVT), the leading real-time IT solutions and information provider for a sustainable world, announced today that it received a 2010 Smart Grid Excellence Award for its Telvent Titanium smart grid solution. The award was presented by the Technology Marketing Corporation (TMC) and Intelligent Communications Partners (ICP).

Debuting this year, the Smart Grid Excellence Award recognizes outstanding innovation across all facets of smart grid for companies that enable smart grid deployments for utilities. Telvent won for its Titanium solution, a smart energy services platform that enables Telvent to deliver both rollout services to configure and deploy AMI devices and smart energy information services based on data retrieved from metering infrastructure, which helps utilities lower operations cost and improve end-customer services provision.

According to Telvent's chairman and CEO, Ignacio Gonzalez, "As an industry leader in providing smart grid solutions that help utilities cut costs, optimize network efficiencies and improve customer satisfaction, we are honored to receive this recognition. This award is a true testament of our dedication to a sustainable world."

As today's utilities strive to meet the needs of expanding world energy demand, Telvent's Titanium solution transforms an advanced metering infrastructure investment into a rich repository of network intelligence that helps improve customer satisfaction. Titanium comprises a set of smart services to deploy AMI infrastructure and monitoring, and enables utilities to operate more efficiently in many ways, such as detecting power outages early, detecting remote connection and disconnection of customers, curbing energy theft, and the improved management of service delivery to end-users on home area network devices.

About Telvent

Telvent (NASDAQ: TLVT) is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world's leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors. (www.telvent.com)

About the Smart Grid Excellence Awards

For more than 25 years, TMC has been honoring technology companies with awards in various categories. These awards are regarded as some of the more prestigious and respected awards in the communications and technology sector worldwide. Winners represent prominent players in the market who consistently demonstrate the advancement of technologies.

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