DSDR is a component of Progress Energy's Smart Grid strategy that will help the company to deliver power more efficiently through equipment and technology enhancements to the utility's existing electrical system. The real-time information available through this system will allow network operators to efficiently reduce load during periods of peak demand and maintain consistent voltage to all customers, avoiding outages without increasing peak generation capacity.

To meet DSDR objectives and provide operators with real-time power quality parameters such as volts, amps, watts, vars, VA, frequency and power factor from grid substations, Telvent has enhanced the SAGE 3030 RTU gateway, a Smart Networks Solution component of the Telvent Smart Grid Solution suite. The enhanced Telvent substation gateway will accommodate the increasing quantities of data required to support the DSDR system and will be key in helping Progress Energy achieve a state-of-the-art electric delivery system that supports its strategy for a secure energy future.

Telvent started delivering this substation gateway platform to Progress Energy beginning in 2009. Further, Telvent will work with Progress Energy to develop a new substation analog input module that interfaces with the SAGE 3030 RTU to achieve optimized functionality. Progress Energy plans to deploy up to 1,600 of these upgraded modules and appropriately modified SAGE 3030 units from 2010 through 2012.

"The successful design and delivery of this substation gateway is considered a critical-path accomplishment in implementing the Progress Energy DSDR system," said Manuel Sanchez, Telvent's Chairman and Chief Executive Officer. "Telvent's Smart Grid Solution is demonstrating that it is the scalable, secure, and integrated-system architecture solution that can be put to work today to optimize existing network assets and support energy sustainability projects of any size."

Earlier this year, Telvent was chosen to supply a new, fully redundant Distribution SCADA/DMS -- also part of its Smart Grid Solution suite -- to support the real-time information management goals of the DSDR project.

About Telvent

Telvent (Nasdaq:TLVT) is a global IT solutions and business information services provider that improves the efficiency, safety and security of the world's premier organizations. The company serves markets critical to the sustainability of the planet, including the energy, transportation, agriculture, and environmental sectors. (www.telvent.com)

The Telvent GIT S.A. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3116

About Progress Energy

Progress Energy (NYSE:PGN), headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. The company has earned the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence, and was the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. Progress Energy celebrated a century of service in 2008. Visit the company's Web site at www.progress-energy.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

 CONTACT:  Telvent           Investor Relations Contact           Barbara Zubiria             +34 902 335599             ir@telvent.com           Lucia Domville             +1 646 284 9416             lucia.domville@us.grayling.com           Communications Contact           Patricia Malo de Molina             +34 954 93 71 11             comunicacion@telvent.com 

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