Italeaf: TerniEnergia enters into the cybersecurity industry and strengthens the activity on smart grids

23 januari 2017

PRESS RELEASE 23 JANUARY 2017

ITALEAF: TerniEnergia enters into the cybersecurity industry and strengthens the activity on smart grids
·      The digital company Softeco Sismat, part of the TerniEnergia Group, is coordinating the Anastacia project, which involves a consortium of 14 partners including Thales, Atos, Ericsson and CNR, with a funding of approximately Euro 4 million under EU program Horizon 2020
·      The research project will focus on developing an IT risk prevention tools for systems based on the Internet of Things (IoT) and virtualized cloud architectures
·      Assigned the second phase of the project "Smartgen", a platform for smart grid management, financed for approximately Euro 1.3 million
·      The project involves the introduction of storage technologies on the city of Sanremo distribution grid
·      Funded the project Prosfet on sustainability mobility in which Softeco Sismat is between 9 partners

TerniEnergia - the first italian smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group - enters into the field of cybersecurity. It also reinforces the activities in the smart grid sector with the financing of the second phase of the project Smartgen in the town of Sanremo.
Softeco Sismat , digital company of the Group, is the coordinator of the "Anastacia research project" co-financed under the EU program Horizon 2020, that will involve for 36 months a consortium of 14 partners from 7 European countries including Thales, Atos, Ericsson and CNR. The project received a contribution of approximately EUR 4 million and expected total costs exceeding EUR 5.4 million.
The main target of the Anastacia project is to solve new and unexpected risks that cannot be prevented by current state-of-the-art of security solutions, by researching, developing and demonstrating a holistic solution enabling trust and security by-design for Cyber Physical Systems (CPS) based on IoT and cloud architectures.
It was also assigned to Softeco Sismat the project coordinator role for the second phase of the research project Smartgen, funded with approximately EUR 1.3 million under the Electricity System Research program. The project involves the introduction of storage technologies (Toshiba) on the Sanremo city distribution grid managed by AMAIE SpA. The first phase of the project had foreseen the development of a DMS (Distribution Management System), capable of handling problems optimization and control of power flows, regulating the voltage, the supply of the auxiliary generation services with potential involvement of the electricity market.
The CEO of Softeco Sismat and executive director of TerniEnergia , Ms Laura Bizzarri , stated:
" The significant growth of technological and R&D activity of the TerniEnergia Group, also through its subsidiaries, is a tangible acceleration signal on the side of business "smart energy", which is the core of the new business plan to 2018. In particular, the sectors of smart grids and cybersecurity are considered strategic for the development of new technological opportunities. The integration of digital systems and solutions across the entire energy value chain, in fact, requires the adoption of innovative security systems that meet the vulnerability risks of infrastructure: from the communication and management of networks, up the home automation and smart metering instruments on which, through the acquisition of Wisave, the Group TerniEnergia intends to strengthen its own core business ".
Through the Horizon 2020 funds, was also financed the project "Prosfet", on sustainable mobility, in which Softeco Sismat is involved with other 8 partners including companies, universities and research centers. The project concerns the city logistics operations and the better planning of local authorities, especially in the urban freight sector, with the aim of alleviating the negative environmental and economic impacts associated occurring in the city.

TERNIENERGIA (TER.MI) , established in September 2005, and part of Italeaf Group, is the first Italian smart energy company, committed to bring worldwide integrated and sustainable energy solutions. Organized into four business lines (Technical services, Energy management, Energy efficiency and Cleantech), with about 500 employees and a geographic presence in almost the continents, with operational and sales offices, TerniEnergia develops solutions, innovative products and services based on digital and industrial technologies for the energy sector. 
TerniEnergia, also through its subsidiaries, shall pursue the objectives of increasing energy production from renewable sources, energy efficiency and emissions reduction, as laid down by European environmental policy, and participates actively in the distributed power generation revolution and energy smart grids. 
TerniEnergia is the ideal partner for large utilities, distributors and grid operators, power producers, public authorities, industrial customers and investors who intends to carry out large projects for the production of renewable energy plants and modern systems with high energy efficiency, solutions for the management and maintenance of the infrastructure and the electrical systems. TerniEnergia, through a complete technological and commercial offer, develops and provides technologies, turn-key services and solutions for energy consumers in the public and private sectors. The company is listed on the STAR segment of the Italian Stock Exchange. 

This press release is also available on the Companies' websites:  www.italeaf.com  and  www.ternienergia.com .

Certified Adviser

Mangold Fondkommission AB is the Certified Adviser of Italeaf on NASDAQ OMX First North.

For further information please contact:  

Filippo Calisti
CFO - Italeaf S.p.A.
E-mail:  calisti@italeaf.com

Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550
info@mangold.se

Italeaf SpA,  established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong and a research and development centre in the Hong Kong Science and Technology Park. 
The company controls TerniEnergia, listed on the STAR segment of the Italian Stock Exchange and active in the fields of renewable energy, energy efficiency and waste management, and Skyrobotic, in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market, Numanova, operating in the field of innovative metallurgy and additive manufacturing and Italeaf RE, a real estate company. 

---