Telvent Completes the Automatic Electric Meter Installation in Sweden for Vattenfall...

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Tue Jul 22, 2008 7:31am EDT

Telvent Completes the Automatic Electric Meter Installation in Sweden for
Vattenfall Company

MADRID, July 22, 2008 (PRIME NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT company
for a sustainable and secure world, announced today the completion, as
scheduled, of the "Amrelva" project installation phase, signed with Sweden's
Vattenfall company to supply and manage the automatic remote electric meter
reading system. During this phase, Telvent acted as main meter supplier by
providing 600,000 of the 850,000 total meters, and allowed Vattenfall to bill
all of its clients through remote reading of electric consumption.

On June 27th, coinciding with the installation of the last meter, Helene
Bistrom, Vice Head of Business Group Nordic of Vattenfall, executed the symbolic
connection of the last meter in the Skarholmen neighborhood in the Swedish city
of Uppsala. During the ceremony, Ms. Bistrom stressed the importance of this
project for Vattenfall as it supports the development of a secure grid as well
as additional services for its end clients.

A total of 583,000 households are set to use the automatic remote reading
systems started up by Telvent; users are now able to control electric
consumption costs at any time from their homes. This real-time technology also
enables a reduction in billing errors, and contributes to increase customer
satisfaction.

Ignacio Gonzalez-Dominguez, Executive Vice President of Telvent's Energy
division, pointed out the significance of this project for Telvent, as it has
"enabled us to deliver a basic utility management tool through Telvent's Smart
Grid Solution Suite." This solution helps utilities, like Vattenfall, to
transform their power grid by making electrical distribution more efficient,
economical and secure, in addition to, in this particular case, permitting the
electric company to comply with Swedish legislation requirements aimed at
reducing energy consumption through performance and demand response.

The operational and maintenance phase, also managed by Telvent since 2006, is to
be completed by 2011, with a six-year extension option. The services provided to
the Swedish electrical utility to date further reinforce and consolidate the
strong alliance established by both companies, and ultimately contribute to
optimizing the quality of service offered by Vattenfall to its customers.

About Telvent

Telvent (Nasdaq:TLVT) is a unique global company listed on the NASDAQ Stock
Exchange and a component of the CleanTech Index(tm) -- the first, and only,
stock market index of leading clean technology ("cleantech") companies.

Telvent, the IT Company for a sustainable and secure world, specializes in
high-value-added products, services and integrated solutions in the Energy,
Transportation, Environmental and Public Administration industry segments, as
well as Global Services. Its innovative technology and proven experience help
ensure secure and efficient management of the operating and business processes
of the world's leading companies. (www.telvent.com)

The Telvent GIT S.A. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=3116

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CONTACT:  Telvent GIT S.A.          
          Investor Relations Contact
          Barbara Zubiria
            +34 902 335599 
            barbara.zubiria@telvent.com 
          Lucia Domville
            +1 646 284 9416 
            ldomville@hfgcg.com 
          Communications Department Contact
          Patricia Malo de Molina
            +34 954 93 71 11
            comunicacion@abengoa.com
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