MADRID, Spain, Nov. 18, 2008 (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, announced today that it has been selected by the Pennsylvania Department of Transportation (PennDOT) to implement the new 511 Pennsylvania. Telvent will serve as the prime contractor and is teaming with Verizon, INRIX, Telecom Horizon Partners, Jacobs Engineering Group, E-Squared Engineering, Wolfe Doyle Advertising, ASTI Transportation Systems, Inc., and SAVVIS. The contract will last approximately 3 years and is valued at more than eight million euros.
The project's objective is to provide services to design, build, implement, operate, host and maintain a state-wide traveler information service entitled "511 Pennsylvania" that not only meets PennDOT's short-term goals, but also provides a basis on which additional functionality can be added to address long-term goals and future needs.
By summer 2009, 511 Pennsylvania will:
* Provide timely and accurate traveler information to customers at no cost to them * Be accessible to customers by both telephone and the Internet * Proactively alert customers of traffic issues through email and text message alerts * Utilize public and private data sources * Provide direct access to current traveler information services provided by the PA Turnpike Commission * Develop and maintain public awareness of the service through effective marketing
After summer 2009, the system will be expanded to provide:
* Greater access to transit and air travel content in metropolitan areas throughout the state * Additional content, features and/or value-added services to be determined * Continue to operate and maintain the service
511 Pennsylvania will relay travel, inter-modal, and weather information to all commuters via the internet and the free 511 telephone number. All commuters will be able to access this information freely and easily. This increased stream of information and knowledge to drivers will reduce accidents and congestion while increasing safety and mobility in Pennsylvania. According to Telvent's Chairman and Chief Executive Officer, Manuel Sanchez, "Telvent is thrilled to use our superior knowledge and experience in implementing 511 systems to help Pennsylvania make their roadways more efficient and eco-friendly through the provision of timely and accurate travel information. Our goal is to help travelers reach their destinations as quickly and safely as possible."
Telvent has extensive experience working on implementing 511 systems. The firm led the effort in implementing the Metropolitan Transportation Commission (MTC) 511 system in California. The New York State 511 deployment effort is another significant project that the firm is proud to lead. Now Telvent is looking forward to working hand-in-glove with the PennDOT to successfully implement 511 Pennsylvania.
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)
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