PSI Energy Management Solutions Awarded Prize by Frost & Sullivan

European Customer Value Enhancement Award in the category of Smart Energy Market awarded to PSI

Berlin, 15 May 2013 – On 14 May 2013, the PSI AG was awarded the 2012 European Customer Value Enhancement Award for special services in the market for smart energy solutions by the globally-active research company, Frost & Sullivan. The decision by the Frost & Sullivan analysts was primarily based on the numerous innovative functions of the PSI software for the intelligent management of feeding renewable energies into grids, a significant added value for customers. Along with that, the strong market position in the German and international markets that PSI currently holds over tough international competition, was emphasized.

The consistent, high investment in the further development of the products, which is fre-quently completed in close collaboration with important customers, was also emphasized in the analysts’ reasoning. Amongst other things, PSI cooperates with partners from the energy sector and researchers in projects such as Smart Operator, econnect Germany, Smart Watts and InfoStrom.

Frost & Sullivan presents the Award for Customer Value Enhancement annually to the company that has supported its customers best with services or products that provide a significant added value and an improved efficiency.

The award by Frost & Sullivan means greater recognition in a demanding market for energy management solutions and confirms the focus on greater optimisation functions that provide the customers with a significant advantage in efficiency and costs.

On the basis of its own software products, PSI AG develops and integrates complete solu-tions for energy management (gas, oil, electricity, heat, energy trading), production man-agement (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs 1,600 persons worldwide.