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SpatialNews.com Press Release
HRSD Selects Datastream 7i
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GREENVILLE, S.C., -- Datastream Systems,
Inc. today announced that the Hampton Roads Sanitation District (HRSD) has
selected the Datastream 7i(TM) Asset Performance Management solution to manage
assets across 13 wastewater treatment plants spanning 17 cities and counties
in Virginia.
After an extensive evaluation of leading asset management solutions, HRSD
selected Datastream 7i because it best met its requirements for broad asset
management functionality and configurability. Datastream 7i also provides
extensive support for service-oriented architecture and Web services, which
delivers additional advanced capabilities including:
-- Geographic Information System (GIS) integration. Datastream 7i comes
integrated with best-of breed applications from ESRI, the world leader
in GIS. This enables end-users to use GIS as a de facto product
feature of Datastream 7i, rather than as a separate application.
-- Native Support for Mobile Deployment. With comprehensive support for
Web services, Datastream 7i natively supports mobile deployment, which
eliminates the need to include third-party mobile vendors in the
deployment.
"GIS and mobile are two of the most important capabilities for
organizations like HRSD, which must maintain geographically distributed
assets," said Datastream CEO Larry Blackwell. "The fact that Datastream 7i
provides a fully integrated solution that includes these capabilities
radically reduces complexity and total cost of ownership."
By providing fully integrated GIS and mobile functionality, Datastream 7i
reduces licensing requirements and enables customers to work with one vendor
and one consolidated solution. This compares favorably to solutions that rely
on a "partnering" strategy to deliver GIS and mobile, which requires customers
to work with multiple vendors, each with their own licensing, implementation
and support schemes.
Datastream expects to begin to record revenue from this agreement in the
fourth quarter of its 2005 fiscal year.
About HRSD
HRSD, a political subdivision of the Commonwealth of Virginia, was created
by public referendum in 1940 and currently serves 1.6 million people in 17
cities and counties. Its mission is to prevent pollution, protect public
health and support community development by providing wastewater collection,
treatment and related services.
About Datastream Systems, Inc.
Datastream Systems, Inc. provides Asset Performance Management software
and services to enterprises worldwide, including more than 60 percent of the
Fortune 500. Datastream's solutions combine world-class asset management
functionality with advanced analytics to deliver a powerful platform for
optimizing enterprise asset performance.
By using Datastream's solutions, customers can maintain and manage capital
assets -- such as manufacturing equipment, vehicle fleets and buildings -- and
create analyses and forecasts so they can take action to improve future
performance. Datastream's flagship product, Datastream 7i, delivers a complete
Asset Performance Management infrastructure by combining an Internet, Web
services architecture with broad enterprise asset management functionality,
integrated procurement, advanced analytics and multi-site capability.
Datastream was founded in 1986 and has customers in more than 140
countries. For more information, visit http://www.datastream.net/.
Datastream and Datastream 7i are marks of Datastream Systems, Inc.
("Datastream" or the "Company"). All other products or Company names mentioned
are used for identification purposes only and may be trademarks of their
respective owners.
This press release contains forward-looking statements that involve a
number of risks and uncertainties, including statements regarding our
financial performance for the remainder of 2005 and in 2006. Factors that
could cause actual results to differ materially include, but are not limited
to: increasing competition in the markets in which the Company competes; the
stability of the Company's strategic relationships with third party suppliers
and technologies; the ability of the Company to: sell larger and more complex
software solutions, successfully transition to the development of further
Internet- based products, successfully manage its international operations,
enhance its current products and develop new products and services that
address technological and market developments; and other risk factors listed
from time to time in Datastream's SEC reports, including, but not limited to
the "Risk Factors" contained in Datastream's Annual Report on Form 10-K for
the fiscal year ended December 31, 2004. Datastream does not have, and
expressly disclaims, any obligation to release publicly any updates or any
changes in the Company's expectations or any changes in events, conditions or
circumstances on which any forward-looking statement is based.
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