TENERA and British Rail "BR" Business Systems Announce Intent to Form Strategic Partnership

Business Wire, June 18, 1996

SAN FRANCISCO--(BUSINESS WIRE)--June 18, 1996--TENERA, Inc. (AMEX: TNR) and BR Business Systems of London, England announced today their intent to form a Strategic Partnership to provide complete maintenance management solutions for mass transit customers in the United Kingdom and Europe.

Under the expected terms of the alliance, BR Business Systems would lead sales, marketing, installation, and support activities in the UK and Europe for BR Business Systems' current and future customer base. TENERA would provide a series of maintenance management products and services that have received praise in the United States by the mass transit industry.

Commenting on the pending alliance, Michael Thomas, Chairman and Chief Executive Officer of TENERA said, "This will be a true alliance in every sense of the word. We will be combining the extensive market knowledge and market access of one of Europe's premier transit organizations with TENERA's significant accomplishments in delivering maintenance application software to its domestic transit industry. We are delighted with this opportunity to form a relationship with BR Business Systems."

"We see that mass transit markets around the world are challenged with facing many issues, such as the reduction of governmental subsidies, increased demand for services, and privatization. We believe the opportunities to significantly and positively affect the performance of mass transit properties through sophisticated maintenance software offerings is very real. BR Business Systems and TENERA expect to be well positioned to satisfy these growing needs."

Comments made by BR Business Systems' representative on the pending strategic partnership: "We are seeking to expand our product portfolio as part of our Systems Integration Program. To achieve this BR Business System is selecting best in class products from leading companies. BR Business Systems is delighted to be associated with TENERA and looks forward to a long and fruitful partnership which will be beneficial to both companies and our many customers."

TENERA, Inc. provides performance improvement and asset maintenance software and consulting for the power generation and transportation industries, government and other industries with large capital assets. TENERA is a provider of creative and effective solutions to operational problems leading to improved performance for its clients, through its offices in California, Colorado, Connecticut, Idaho, Maryland, Tennessee, and Washington.

BR Business Systems is a major supplier of information technology products and services to the rail transportation industry. The company continues to introduce new products, incorporating advanced IT and communications technologies. Services include systems integration, project management, support and training.

CONTACT: TENERA, Inc.

Jeffrey Hazarian/James Robinson, 415/536-4744