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Technology Stocks : Telvent (TLVT)

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From: JakeStraw	12/9/2010 9:05:07 AM
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Pemex Chooses Telvent Control Solution for Centralized Management of Its Nationwide Hydrocarbon Storage System finance.yahoo.com Scalable, Real-Time Information Management System Meets Mexican State Energy Company's Operational and Business Needs The Telvent automation systems will centralize product loading, unloading and delivery operations. The advanced application software will collect product volumes and balances and make this data available in real-time to Pemex enterprise applications, improving the accuracy and efficiency of the related business processes. The system also includes fire prevention support for the safety of personnel, the community, and the environment. Initially, seven terminals will be modernized with the Telvent SCADA, with automation of 77 terminals expected during this project. Yet, because the Telvent control system is scalable, it will easily accommodate terminal network modifications and further expansion, providing Pemex a long-term control solution.

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