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TMCNet:  Powel Software Chosen for Service Delivery Deal With E.ON Sweden

[May 16, 2013]

Powel Software Chosen for Service Delivery Deal With E.ON Sweden

JA-NKA-PING, Sweden, May 16, 2013 (PR Newswire Europe via COMTEX) -- JA-NKA-PING, Sweden, May 16, 2013 /PRNewswire/ -- Powel ELIN is the smart metering management software of choice to help E.ON consolidate its service delivery contracts, IT systems and operations E.ON ElnAnt Sverige AB (E.ON), part of one of the largest private energy companies in the world, has chosen Ericsson to provide a hosted solution including consulting and systems integration services, harnessing big data and smart grid solutions for its customers. Powel ELIN software is included as part of the solution for smart metering data collection, validation and analysis for smart electricity meters in the E.ON Sweden grid. Powel ELIN was chosen as thestrategic software solution for Ericsson's Smart Metering as a Service (SMaaS) platform because it supports a variety of meters and data communication technology.

(Logo: http://photos.prnewswire.com/prnh/20130516/613754 ) "We are proud to be chosen by Ericsson to provide the management software for this strategic project," Bard Benum, CEO at Powel, said. "The projects at E.ON Sweden are among the largest and most strategic initiatives that we have engaged in so far." Powel ELIN fully supports advanced metering management no matter which brand provides the meters and no matter how the meters communicate.

"That is how we are able to provide the flexibility needed for managing a project of this scale now and in the future," Benum said.

With this deal, E.ON Sweden will consolidate its service providers from several down to two. Ericsson will migrate part of the existing meters to the new solution, while others will be replaced according to the functionality needed for E.ON to stay at the forefront of the market. Ericsson is continuing and extending its current operations in Sweden to support E.ON.

"We are excited to work with Ericsson on this and other upcoming projects since they have tremendous expertise in data communications related technology services," Benum said. "As metering systems become more and more intelligent, players like E.ON increasingly embrace the potential of offering their customers new services based on the opportunities that a flexible and open solution can provide." About Powel Powel AS, headquartered in Trondheim, Norway, delivers business-critical software solutions and related services specifically designed to help energy companies and public utilities improve daily operational processes and service quality. The company is a market leader in smart metering, generation, grid maintenance and water management solutions with offices in Norway, Sweden and Denmark. Founded in 1996, Powel AS is a privately held company with more than 250 employees. For more information visit http://www.powel.com.

For more information, please contact: Bard Benum, CEO, Powel +47-73-80-45-00 bard.benum@powel.no http://www.powel.no Photo: http://photos.prnewswire.com/prnh/20130516/613754

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