SYD ENERGI chooses Powel to document fiber networks and electricity systems
Trondheim, Norway (09 January, 2007) – Powel ASA, a global utility software solutions company today announced it has, through its Danish distributor KMD Energi, signed a contract with the third largest utility company in Denmark, SYD ENERGI, for delivery of systems for documenting fiber networks and electricity. The contract includes licenses, services and maintenance of more than 3.5 MNOK to Powel ASA.
The delivery of the Powel solution will begin this month and will be implemented in close cooperation between Powel and KMD Energi. The project includes a complete data conversion from all former systems into SYD ENERGI ’s future platform, Powel NetBas.
Powel NetBas complete integrated network information system based on documenting a utility’s power grid. It addresses distribution and transmission requirements including asset management, GIS, analysis, planning, design and construction, maintenance, engineering and real-time operations analysis.
In addition to documenting SYD ENERGI ’s energy systems, the contract includes the first delivery of Powel’s new solution for fiber networks. This solutions includes a certified plug-in for telecom planning and documentation, TeleNet, on Powel’s NetBas network information system. The TeleNet software is supplied by the Danish software company breakoutimage A/S.
“As a professional supplier of both energy and fiber solutions it is of vital importance to utilize effective and integrated solutions for designing, documenting, operating and maintaining our assets, be it electricity or fiber,” says Palle Nygaard Jensen, grid development director at SYD ENERGI.
“We now are seriously deploying fiber throughout our supply area, and we initiated a process to find a common integrated network information system for the entire company,” continued Jensen. “In addition, future fiber network tasks require new documentation functionality.”
“Fiber networks are a growth area in the Danish market and a focus area for most Danish utility companies,” said Jon Einar Værnes, CEO of Powel ASA. “We’re pleased that SYD ENERGI has chosen our Operational Resource Planning system, and look forward to working closely with KMD Energi to implement their solution.”
About Powel
Powel ASA, headquartered in Trondheim, Norway, delivers software solutions and related services designed to help energy companies and public utilities increase operational efficiency. The company is a market leader in Scandinavia, and has established offices in Sweden, the U.S., and Canada. Founded in 1996, Powel ASA is a publicly traded company and has grown from 37 employees to more than 240. Growth opportunities for the company remain extremely strong in both the energy industry and the public sector. More information on Powel: http://www.powel.com.
About SYD ENERGI
SYD ENERGI supplies energy and fiber the entire area of southern and southwestern Jutland in Denmark. Supplying more than 7.000 km2 and about 750.000 customers, SYD ENERGI is the third largest utility company in Denmark. SYD ENERGI a.m.b.a has nine subsidiaries, e.g. SYD ENERGI Afregning A/S, SYD ENERGI Bredbånd A/S, SYD ENERGI Holding A/S, SYD ENERGI Net A/S, SYD ENERGI Partner A/S og SYD ENERGI Salg A/S. SYD ENERGI employs about 500 technical and administrative staff. In addition to supplying about 250,000 homes with energy, SYD ENERGI also provides broadband fiber network services for 2,500 homes and 700 customers connected to the SHDSL network. For more information on SYD ENERGI: http://www.sydenergi.dk.
Norway Contacts
President/CEO Jon Einar Værnes (J) +47 73 80 45 00 (M) +47 481 64 555
CFO Øystein Sæther (J) +47 73 80 45 00 (M) +47 481 64 558