Telvent Implementing Global Management System
April 6, 2010 (FinancialWire) — Telvent (NASDAQ: TLVT) will implement its SmartMobilityTM Light Rail Solution for the new metropolitan light rail system in Spain's Bay of Cadiz.
The new light rail system, which will have a total of 22 stations along its 24-kilometer route, is expected to go operational by 2011. The contract is valued at over 18 million euros.
The system to be installed by Telvent is based on the company's proprietary supervisory control and data acquisition system (SCADA), and will centralize global management of the signaling, communications and security systems, as well as the traveler information system. Thanks to the Telvent SmartMobilityTM Light Rail Solution, operators in charge of system management will be able to adapt the transportation offering to network demands in real time, while improving safety and security at the same time.
The contract encompasses implementation and integration of the operational assistance systems; automatic ticketing systems based on contact-less technology; traveler information system; closed-circuit television surveillance ; intercom system; light rail signaling and the communications network.
Telvent (NASDAQ: TLVT) is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world's leading companies.
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