Powel ASA Delivers Software to Telenor Cinclus to Support their AMR-Projects Towards E.on


TRONDHEIM, Norway, Feb. 24, 2006 (PRIMEZONE) -- Powel has signed a contract as a sub contractor to Telenor Cinclus to supply software systems and services that will support their AMR -- project with E.on in Sweden. The delivery towards E.on is a partnership between Tieto Enator and Telenor, with Comsel systems, Eltel Networks and Powel as subcontractors. In this project, the meter collecting software system Powel Elin will be a part of Telenor Cinclus' platform. Powel will deliver software for data collecting and meter data validation for 140.000 E.on customers in Sweden.

The contract includes option for further expansion and use of Powel Elin as part of Cinclus-platform in other projects for Telenor Cinclus in the AMR-market.

CEO in Telenor Cinclus, Ivar Grothe, says:

"We had the following reasons for selecting Powel as our supplier:


  -- Powel has the best knowledge and experience in meter data
     collection and validation in the market
  -- Powel offered the best technical solution and was therefore our
     natural choice as a partner in this project

About Powel

Powel ASA, with headquarters in Trondheim, Norway, supplies software and services aimed at helping energy companies and the public sector to become more efficient. The company is already market leader in Scandinavia, and has set up offices in Sweden, the USA and Canada. Since it was founded in 1996, the company has grown from an initial 37 employees to 250. Market prospects for Powel are extremely good in both the energy industry and the public sector.

About Telenor Cinclus

Telenor Cinclus AS provides services for automatic meter reading (AMR) and machine-to-machine communication (M2M). Clients are utility companies who want accurate meter data, quickly and securely. The solution is based on mobile technology (GPRS), but is also adapted to other communication technologies such as fixed network and broadband, as well as power line.



            

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