PSI Software AG, DE000A0Z1JH9

PSI Software AG, DE000A0Z1JH9

16.04.2018 - 11:40:48

PSI delivers Train Scheduling System to Berliner Verkehrsbetriebe

PSI delivers Train Scheduling System to Berliner Verkehrsbetriebe (BVG) PSItraffic centrally controls largest contiguous German public transport networkBerliner Verkehrsbetriebe (BVG) AöR has commissioned PSI subsidiary PSI Transcom GmbH to implement the PSItraffic operations control system for subway operations. The system will control and monitor the largest contiguous public transport network of this kind in Germany on nine lines from one central control center. In addition, PSI supplies a component for the management of the approximately 1,200 vehicles.

PSItraffic offers comprehensive functionalities for the complex requirements of daily subway operation and, in the future will ensure reliable and optimized operation control with the main components train scheduling, automatic train steering, schedule management, train monitoring and vehicle management. The specific processes of the Berlin subway are mapped in the flexibly configurable PSItraffic system with a modern graphical disposition interface.

The contract also includes the delivery of numerous interfaces to existing systems of the BVG such as interlocking remote control, vehicle identification, digital radio, timetable planning, passenger information and other systems for data supply and data acceptance.

With the vehicle management from PSI, BVG will be more closely interconnecting its processes between passenger operations and garages, harmonizing processes and optimizing vehicle availability.

In 2017, Germany's largest public transport company BVG, counted a total of 1,064 million passenger journeys by bus, subway and tram. The backbone forms the subway with 563 million passenger journeys. The total of nine subway lines reaches a length of 146 kilometers and connects 173 stations.

On the basis of its own software products, PSI Group develops and integrates complete solutions for energy management (energy networks, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs more than 1,650 persons worldwide. www.psi.de

Contact:

PSI Software AG Karsten Pierschke Head of Investor Relations and Corporate Communications Dircksenstraße 42-44 10178 Berlin Germany Tel. +49 30 2801-2727 Fax +49 30 2801-1000 Email: KPierschke@psi.de

16.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: PSI Software AG Dircksenstraße 42-44 10178 Berlin

Germany Phone: +49 (0)30 2801-0 Fax: +49 (0)30 2801-1000 E-mail: ir@psi.de Internet: www.psi.de ISIN: DE000A0Z1JH9 WKN: A0Z1JH Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange   End of News DGAP News Service

674747  16.04.2018 

@ dgap.de

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