SOURCE: Telvent

April 11, 2006 09:45 ET

Telvent to Upgrade PEMEX Gas Plant in Mexico

MADRID, SPAIN -- (MARKET WIRE) -- April 11, 2006 -- Telvent GIT S.A. (NASDAQ: TLVT), the Global RealTime IT Company, announced today that it has signed a 3.5 million euro contract with PEMEX, the Mexican energy company, to provide an automation system for the injection wells at a nitrogen supply facility in the city of Samaria, located in the state of Tabasco, Mexico.

Telvent will supply its real-time data acquisition and control system (SCADA, Oasys DNA) for the control center that will manage the automation needed to securely and efficiently operate the gas metering system of PEMEX's plant (eight for nitrogen at the facility outlet and one for natural gas at the facility inlet).

According to Manuel Sanchez Ortega, Telvent's chairman and chief executive officer, "Mexico is an important growth market for Telvent, currently representing approximately 50% of our Latin American business and 10% of our worldwide revenues. This contract further deepens our relationship with PEMEX. Our technology will allow them to ensure the reliability of the natural gas and nitrogen supply process at all times and will also enable real-time knowledge of any incident while meeting all international quality standards."

Telvent has permanent offices in Mexico since 1990. It has developed data control system projects in the Energy, Traffic, Transport and Environment sectors including the control system for PEMEX's entire national gas pipeline network and the traffic light control system for Guadalajara, Mexico's second largest city. In addition, Telvent's systems currently ensure the correct distribution of more than 1 billion liters of gasoline per month throughout Mexico, which is sufficient to fill the fuel tanks of more than 22 million vehicles.

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).

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