OSIsoft Extends Value of RtPM Integration Through Global Agreement wit

    Business Editors/High-Tech Writers

    SAN LEANDRO, Calif.--(BUSINESS WIRE)--May 16, 2005--OSIsoft, the leader in performance management software, today announced that it has signed a global agreement with Telvent (Nasdaq:TLVT), the Global RealTime IT Company and leading supplier of industry automation and information management systems. The addition of Telvent to the company's growing partner ecosystem further extends the value of integrating OSIsoft's Real-time Performance Management (RtPM) Platform with existing systems to best meet the needs of their customers.
    Together, OSIsoft and Telvent will provide global enterprises with enhanced interfaces and rich functionalities that combine OSIsoft's RtPM Platform and Telvent's industry-leading technology platform, OASyS DNA (Dynamic Network of Applications), as well as selected best features of Telvent's legacy SCADA solutions, which include the OpenVECTOR platform. Telvent's OASyS DNA provides the building blocks for flexible data management, while the RtPM Platform drives intelligent decision making at all levels.
    "By combining Telvent's solution suites with OSIsoft's RtPM Platform, we can continue to develop and enhance the functionality of our advanced, industry-specific applications, and deliver that functionality to our focused segments worldwide," said Larry Stack, Vice President and CTO, Telvent. "This innovative enterprise application integration approach will support our new and existing customers' drive towards unprecedented business efficiency with minimal cost and maximum ease."
    OSIsoft and Telvent developed a solution based on OSIsoft's RtPM Platform to standardize plant information reporting for the bioenergy industry, now being deployed in Abengoa Bioenergy, a major worldwide producer of ethanol. Telvent's interfaces to OSIsoft's leading process historian, data mining and enterprise data delivery products will now be extended to integrated enterprise solutions for the oil and gas, electric utility, environmental, traffic and transportation industries.
    "OSIsoft and Telvent are committed to providing global enterprises with a powerful, real-time solution for driving performance management," said Michael Saucier, vice president of Marketing, OSIsoft. "With this announcement, OSIsoft is adding another strong company to our partner ecosystem that provides critical domain expertise for enabling successful RtPM implementations in energy, environment, traffic and transport segments."
    New integrated solutions as a result of today's agreement will be available by the end of 2005, and upgrade programs will be offered to existing customers.

    About Telvent

    Telvent (Nasdaq:TLVT), the Global RealTime IT Company, is specialized in high value-added solutions for four specific industrial sectors (Energy, Traffic, Transport and Environment) in Europe, North America, Latin America and China. (www.telvent.com)

    About OSIsoft

    OSIsoft delivers performance management software to the world's leading process manufacturing, life sciences, and utility companies -- anywhere real-time operational metrics fuel performance. With more than 10,000 installations worldwide, OSIsoft's real-time data platform crosses IT and process boundaries to incorporate and display operational information. Providing comprehensive visibility into operations, the OSIsoft platform unlocks the potential for timely analysis and the ability to make critical, informed and profitable decisions.
    Founded in 1980, OSIsoft, Inc. is headquartered in San Leandro, Calif., with operations worldwide and is privately-held.

    Copyright (C) 2005 OSIsoft, Inc., all rights reserved. OSIsoft and the OSIsoft logo, the PI System, ActiveView, AlarmView, BatchView, DataLink, ICE, Module Database, ProcessBook, ProcessPoint, Process Templates, RtReports and RtPM are trademarks of OSIsoft, Inc. All other trademarks are the property of their respective owners.

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CONTACT: Schwartz Communications, Inc. Leslie Johnson, 415-512-0770 osisoft@west.schwartz-pr.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE MANUFACTURING SOFTWARE ENERGY PRODUCT MARKETING AGREEMENTS SOURCE: OSIsoft

Copyright Business Wire 2005