PSI Receives New Orders from the Vallourec Group

PSI Receives New Orders from the Vallourec Group

ID: 45001

(firmenpresse) - PSI Aktiengesellschaft / Key word(s): Enterprise/
PSI Receives New Orders from the Vallourec Group

DGAP-Media / 11.08.2011 / 11:15

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PSI Receives New Orders from the Vallourec Group
PSImetals for the Youngstown finishing mill and the new forge at Changzhou

PSI was commissioned to deliver PSImetals as the Manufacturing Execution
System (MES) for the new small diameter finishing mill of Vallourec&Mannesmann USA at the plant in Youngstown, Ohio, and for the new forge for
big diameter tubes of Vallourec&Mannesmann Tubes at Changzhou in China.
PSI already delivered PSImetals Production and Quality as well as PSImetals
Logistics for the hot rolling mill for seamless pipes in Youngstown.

Vallourec is already successfully using PSImetals at plants in Europe and
South America and will expand its use to North America and Asia with the
new projects. At the Youngstown plant, Vallourec&Mannesmann USA is
building a new state of the art small diameter rolling mill to support the
anticipated increase in demand for seamless tubes that is associated with
the expansion of natural gas production in the USA. At the Changzhou plant,
Vallourec&Mannesmann Tubes is building a new state of the art big
diameter forge to support the anticipated increased in demand for big
diameter seamless tubes in China.

PSImetals 5 incorporates the independent, complementary solutions of AIS,
PSI and 4Production into one new integrated offering, creating a product
line that provides an end-to-end solution for the complete supply chain.
Metals-specific products support all processes from planning to production
execution, in full consideration of the complexity of metals production.
PSImetals 5 enables manufacturers of steel and non-ferrous metals to ensure
their competitive edge by helping them reach the goal of full, on-time,




quality certified delivery of their customer orders, while respecting
inventory, productivity and cost performance targets.

PSI AG develops and integrates complete solutions, on the basis of its own
software products, for the management of energy networks (electricity, gas,
oil, heat, water), cross-company production management (metals, automotive,
mechanical and plant engineering, mining, logistics) and infrastructure
management for transport and safety. PSI was founded in 1969 and employs
1.450 persons in the group. www.psi.de

Contact person:

PSI AG
Karsten Pierschke
Head of Investor Relations and
Corporate Communications
Dircksenstraße 42-44
10178 Berlin
Germany

Phone +49 30 2801-2727
Facsimile +49 30 2801-1000
E-Mail: KPierschke(at)psi.de


End of Media Release

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11.08.2011 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir(at)psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP-Media
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135326 11.08.2011


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Bereitgestellt von Benutzer: EquityStory
Datum: 11.08.2011 - 11:15 Uhr
Sprache: Deutsch
News-ID 45001
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