SOURCE: Telvetn GIT SA

April 20, 2006 09:31 ET

Telvent Technology Will Enable Control of Energy System on Two AVE High-Speed Lines in Spain

MADRID, SPAIN -- (MARKET WIRE) -- April 20, 2006 -- Telvent GIT S.A (NASDAQ: TLVT), the Global RealTime IT Company, announced today that it has signed a 2.5 million euro contract with ADIF, the Spanish Railway Infrastructure Administrator, for the installation and maintenance of energy control systems on two new AVE High-Speed Lines. The Madrid-Segovia and Valdestillas-Valladolid lines of the regional railway network provide access to Spain's north and northwestern regions.

The Telvent system will control the electrical energy supply for the operation of both trains and equipment and installations along the lines, including electric substations, overhead contact wire breakers, energy supply for buildings, shelters, point heaters and tunnel lighting. Telvent's technology offers security levels that meet European and international information technology security standards, providing a high degree of dependability and availability to ensure smooth operation of the network.

According to Manuel Sanchez Ortega, Telvent's chairman and chief executive officer, "We are very pleased to further strengthen our relationship with ADIF. Telvent is now developing latest generation power control systems on all the high-speed lines that have been put out to tender and awarded in Spain. Our leadership in advanced control and operations management applications for the transport sector positions us well to benefit from the significant investments expected by Spain and many other countries in this strategic sector over the next few years."

Telvent has developed remote energy command system for the high-speed lines that connect Madrid and Segovia with Valladolid, Cordoba with Malaga, and Madrid and Barcelona with the French border. It is the only remote command system of its type currently operational in Spain. Telvent's solutions are employed to manage the movement of more than 2,500 million passengers per year on train and metro networks worldwide.

Telvent (NASDAQ: TLVT), the Global RealTime IT Company, specializes in high value add solutions and services in four industry sectors (Energy, Traffic, Transport and Environment). Its technology allows high performing companies to make real-time business decisions using data acquisition, control, and advanced operational applications, providing secure actionable information delivery to the enterprise. (www.telvent.com).

Contact Information

  • Investor Relations Contacts:

    José Ignacio del Barrio
    Phone: +34 902-335599
    Email: Email Contact

    Mark Jones
    Phone: +1 646 284-9414
    Email: Email Contact