EANS-News

S&T AG secures largest commission in corporate history - Seite 2

being furthered by the strong support being accorded by the European
Union to the use of smart electricity meters, and by the ever-growing
share of energy stemming from alternative sources. Upon the
conclusion of the Smart City pilot project in Wroclaw in 2016, the
energy supplier plans to tender a commission with a volume of 4
million meters and a previewed value of more than 400 million
dollars. The commission will be for all of southern Poland.

S&T AG S&T AG (www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) is
listed on the Prime Standard segment of the Frankfurt Stock Exchange.
The company has some 2,100 employees. It operates in 20 countries.
S&T is one of the three largest suppliers of IT systems in Austria
and in Eastern Europe. S&T's prime assets include the breadth of the
products - many proprietorially developed - comprising its portfolio.
These products are used in the smart energy, cloud, security and
mobile IT sectors. The portfolio is distributed throughout Central
and Eastern Europe. S&T launched its "smart energy" business area in
2014. Due to the investment closed on September 30, 2014 in the in
smart grid division of Echelon, this area now comprises a 40% stake
in the newly-founded Networked Energy Services Corp. (NES)
(www.networkedenergy.com), and holdings in the Austria-based
Ubitronix GmbH (www.ubitronix.at) and the Group subsidiary RTSoft
(www.rtsoft.ru/en). These companies provide S&T with an unsurpassed
portfolio of smart energy technologies. This portfolio enables S&T to
offer comprehensive, end-to-end solutions in this area.

Smart grids ...are "intelligent". This means that they enable
bidirectional communication between energy suppliers and consumers.
The smart meters installed on consumers' premises employ a
low-voltage power grid to communicate with a head-end system, which
aggregates the data supplied to it by the smart grid's components.
These flows of data enable the real-time determination of levels of
grid utilization. This, in turn, permits the intelligent distribution
of such loads. It also allows for the pricing of electricity in
accordance with supply and demand. The growing share of energy
stemming from alternative sources is the prime driver of the
deployment of smart grids. This is because the grid technologies
previously used are not capable of handling such systems'
characteristics.

Further inquiry note:
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[phone] - 0

end of announcement euro adhoc
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company: S&T AG
Industriezeile 35
A-4021 Linz
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.snt.at
sector: Computing & Information Technology
ISIN: AT0000A0E9W5, DE000A1HJLL6
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English