PSI Receives Order from Transport Network Operator Tennet

Network analysis with Security Assessment and System Optimization

Berlin, 19 November 2014 – PSI AG has received the first order from the network operator Tennet for the delivery of the Systems Security Assessment and System Optimization (SASO) for the network analysis and decision support. The project has already been commenced. Tennet and PSI have newly designed the SASO for the network operator allowing for a concentrated and simplified analysis of the network and providing suggestions for the elimination of existing or expected disruptions.

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PSI Continues to Expand Market Leadership in Production Management Software for the Metals Industry

Takeover of Strongest Competitor Broner Metals

Berlin, Watford, 12 November 2014 – PSI has acquired 100 percent of the shares of the British Broner Metals Solutions Ltd. The transaction was signed and executed on 12 November 2014. Broner Metals is a leading provider of IT solutions in the field of production planning and control, supply chain management and MES (manufacturing execution systems) for the steel and aluminium industry. The company employs 65 persons in sites in Europe, Asia, North and South America. Broner Metals has customers in 12 countries, some of which are among the world’s largest producers of steel.

Broner Metals expects sales of about 10 million Euros in 2014. The EBITDA fluctuated in the previous years, depending on the steel economy, between 2 and 4.8 million Euros. PSI will pay 12 million Euros in cash for the shares to the seller, Hyperion Systems Engineering Ltd. From 2016 PSI expects an EBIT contribution of just about 1 million Euros after 0.75 million Euros in write-offs from the purchase price allocation as well as additional margin and growth effects for the existing PSI metals business. For Hyperion Systems Engineering Ltd., the transaction is consistent with a strategy focus on solutions and software for hydrocarbons, chemicals and power industries, where the company expects to see its future growth coming from.

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PSIPENTA Receives Order from Testing Device Manufacturer COMPRION GmbH

World market leader chooses PSIpenta/ERP


Berlin, 12 November 2014 – The manufacturing specialist PSIPENTA Software Systems GmbH has been contracted by the Paderborn testing device manufacturer COMPRION GmbH with the implementation of the ERP-Suite PSIpenta. The PSI subsidiary won out over renowned competitors in the selection process.


PSIpenta will be replacing a number of historically grown island solutions as well as an ERP system that is no longer able to meet the current requirements at COMPRION. PSIPENTA won the contract primarily as a result of its functional coverage in the standard. PSIpenta/ERP will be introduced in the German and English language. Along with the standard modules, service management, contact management and the business intelligence studio will be included. The integrated solution guarantees transparency, consistency and a high level of efficiency in the complex corporate processes.

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AMAG Goes with PSI for the Optimisation of Aluminium Production

PSImetals as leading production management system in the Ranshofen plant

Berlin, 4 November 2014 – PSI Metals Non Ferrous GmbH has been contracted by AMAG Austria Metall AG with the implementation of PSImetals as the integrated production management system for the rolling mills in Ranshofen. PSImetals will also replace the old system in the existing part of the plant. With the new system, AMAG aims to establish standardised and documented processes, significantly simplify the IT administration and allow the transfer of know-how as well as install a sustainable and flexible solution at the MES level.

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Mr. Harvinder Singh,
Ernst & Young
Technology Entrepreneur
Of The Year

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PSI INCONTROL
(formerly known as INCONTROL TECH or iTEC)

An engineering company who understands that engineering solutions are much more than just using good tools. Solutions for Automation, Control and Protection are like constructing a building. Just taking the best bricks, steel and concrete will not give you the best looking building. You need an architect who understands how to bring them together into a reliable, world class solution.

inCONTROL-Tech


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