S&T AG

EANS-News: S&T AG secures large-sized smart energy commission in Poland

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Subtitle: S&T Poland to supply 120,000 intelligent electricity meters and to
implement head-end system 

Contracts/Order

Linz, 26.05.2015 The S&T Group's smart energy division has secured a large-sized
commission in Poland. As part of a project, S&T's subsidiary in Poland is to
supply 120,000 smart meters. The commission also comprises the implementation
and maintenance of the associated data management system. The commission's value
comes to more than EUR 10 million. The recipient of the items to be supplied by
S&T will be a Polish-Korean consortium. The end-user plans to follow up the
project's completion mid-2016 with the launching of a tender comprised of some 5
million electricity meters. The value of these is to be more than USD 500
million. It will be for southern Poland.

As part of the "Smart City Wroclaw" smart energy project, S&T will supply a
further 120,000 devices. This will be done by mid-2016. The recently-concluded
contract contains an option for a 20% increase in the number of items ordered.
S&T will also provide IT and maintenance services. This will comprise the
integration of the head-end software systems required to operate the data center
of the power supplier.

"We have strongly profited from the synergies extant within the S&T Group.
Networked Energy Services Corp. (NES) is our California-based subsidiary. It is
the world's leading supplier of smart-grid technologies. NES has supplied its
first-class services to this project. Our subsidiary in Poland has also provided
its great expertise in the region's IT services market to it," notes Hannes
Niederhauser, chairman of S&T's executive board.

Smart City Wroclaw is a pilot project. It will conclude in 2016. The Polish
energy supplier plans on following it up with a tender for a smart meter
roll-out. This commission is expected to have an order value of more than USD
500 million, and to cover all of southern Poland with 5 million smart meters.
S&T will deploy its excellent portfolio of technologies in striving to secure
this smart energy commission.


On S&T AG:
S&T AG (www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) is a high-tech
corporation. It employs some 2,200 employees, and maintains subsidiaries and
offices in 19 countries. S&T AG provides IT systems. It is listed on the
Frankfurt Stock Exchange's Prime Standard segment. These systems are comprised
in the company's comprehensive portfolio of IT solutions and services. These
make S&T one of the leading suppliers in Central and Eastern Europe. S&T is a
renowned manufacturer of products featuring proprietary technologies. Its
wide-ranging portfolio includes proprietary developments in such areas as
appliances and cloud security. S&T commenced in 2014 the development of its
Smart Energy business area. Through its Networked Energy Services Corporation
(www.networkedenergy.com) subsidiary, S&T is among the world's leading suppliers
of smart energy technologies.

Further inquiry note:
Valentin Trummer, +43 (732) 7664 - 150, Valentin.trummer@snt.at

end of announcement                               euro adhoc 
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company:     S&T AG
             Industriezeile  35
             A-4021 Linz
phone:       +43 664 6119214
FAX:         +43 1 80191 1290
mail:     ir@snt.at
WWW:      www.snt.at
sector:      Computing & Information Technology
ISIN:        AT0000A0E9W5, DE000A1HJLL6
indexes:     
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English
 

 


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