updated 12/11/2010 5:15:26 PM ET 2010-12-11T22:15:26

ROCKVILLE, Md., Dec. 10, 2010 (GLOBE NEWSWIRE) -- Telvent GIT, S.A. (Nasdaq:TLVT), a leading real-time IT solutions and information provider for a sustainable world, announced today that it has appointed Tom Dilworth as its new Chief Accounting Officer (CAO), and Manuel Fernandez Maza as new Head of Investor Relations, in addition to his current duties as Chief Financial Officer (CFO), succeeding Barbara Zubiria, Chief Accounting Officer and Head of Investor Relations. Ms. Zubiria will join Abengoa, S.A. effective January 1, 2011 as its new Director of Financial Reporting and Investor Relations.

Tom Dilworth, current Chief Financial Officer of Telvent North America since April 2008, is appointed as Chief Accounting Officer effective January 1, 2011. Mr. Dilworth joined Telvent in 2004 through the acquisition of Miner & Miner, based in Fort Collins, Colorado, where he first served as Controller and later as its CFO. Since April 2008, he has held the position of CFO for Telvent North America, covering the Energy, Environment and Transportation operating units in the U.S. and Canada. Mr. Dilworth earned his Bachelor of Business Administration from California State University-Stanislaus and holds an MBA with honors from Colorado State University.

Manuel Fernandez Maza, Telvent's current Chief Financial Officer since April 2008, will also assume the responsibilities of Head of Investor Relations starting January 1, 2011. Mr. Fernandez Maza joined Telvent in 2003, as Financial Director. From September 2006 to April 2008, he served as the CFO of Telvent North America. Prior to joining Telvent, Mr. Fernandez Maza worked in various financial positions within the Abengoa group. Mr. Fernandez Maza holds a Bachelor of Business Administration from Seville University, Spain, and an Executive MBA from IESE Business School in Madrid, Spain.

Mr. Ignacio Gonzalez, Telvent's CEO, stated, "We are grateful to Barbara for her contribution to Telvent during the last five years. She has played a key role in the management team of Telvent. This is a great opportunity for her and we sincerely wish her all the best in her new endeavors." He added, "I would also like to congratulate Tom for his new appointment as CAO and Manuel for taking on the role of Head of Investor Relations for Telvent. I am completely confident that both will be successful in their new roles, as they have been in every other position they have served during their careers at Telvent."

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are proceeded by words such as "believes," "expects," "may," "anticipates," "plans," "intends," "assumes," "will" or similar expressions. Forward-looking statements reflect management's current expectations, as of the date of this presentation, and involve certain risks and uncertainties. Telvent's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Some of the factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the "Risk Factors" described in Telvent's Annual Report on Form 20-F for the year ended December 31, 2009, filed with the Securities and Exchange Commission on March 18, 2010.

Telvent does not intend, and does not assume any obligation, to update or revise the forward-looking statements in this document after the date it is issued. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.

About Telvent

Telvent (Nasdaq:TLVT) is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world's leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors. ( www.telvent.com )

The Telvent GIT S.A. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6852

CONTACT:  Telvent GIT, S.A.
          Investor Relations Contact
          Barbara Zubiria
            + (1) 301 354 5432
            ir@telvent.com
          Communications Contact
          Patricia Malo de Molina
            +34 954 93 71 11
            comunicacion@telvent.com

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