The Norwegian Navita Systems goes with their product POMAX EDM on the German market

25 October 2010

The Norwegian Navita Systems goes with their product POMAX EDM on the German market. POMAX EDM is a comprehensive energy data management solution for the management of contracts, payments, network, data, time series calculations and data communications.

Navita Systems, headquartered in Norway Halden is the leading provider of energy trading and risk management systems (ETRM) for the global energy - and commodity trade as well as provider of the energy data management solution POMAX EDM. Today, the Company announced the publication of a German version, the distributors will be distributed by German. POMAX EDM has been almost 20 years, northern European and North American electricity markets, and offers a fully functional Endergiedaten management solution (including test management, data management and time-series calculations), contract management, network management, settlement, market settlements and communication (including electronic data exchange, data acquisition systems and exchanges . POMAX EDM is coordinated with the energy trading and risk management system by Navita, the German customer is used in already. POMAX EDM can the energy optimization and forecasting system of the Optima 2000 Swedish provider Energy Opticon be combined with it.

A Feasible EDM System With A proven Track Record

"The decision for the German EDM market was a natural next step. In the past 20 years, Navita stable presence in Northern Europe and North America set up a "first-class customers such as Alpiq, Bruce Power, E. ON Sweden, Fortum, Statkraft and Xstrata. There are excellent synergies with our ETRM offer that a number of German customers will be used in already. In addition, some of our non-German customers a significant interest in a separate EDM system for use in large parts of Europe including Germany signaled. As part of our strategy, we are looking into Germany ¬ several possibilities for a greater presence in Germany, " says Knut Johansen, CEO, Navita Systems AS.

"We are confident that our EDM products, the data points with time series of 1 min + up to once per minute is programmed measurements down a future-proof and almost mandatory offer for medium and large players in the physical energy markets in Germany is for, either as isolated EDM solution or in combination with the energy optimization software Optima 2000 and / or our POMAX ECTRM solution. We believe that our track record in particular short time to set up us from our competitors on the German market is different ", says Mattias Palm, EVP, director of product management at Navita Systems.

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