Reliability Solution Now Seamlessly Integrated To mySAP PLM Asset Life-Cycle Management; SAP Certifies Integration To Ivara EXP technology

Business Wire, Dec 12, 2002

Business Editors/High-Tech Writers

BURLINGTON, Ontario--(BUSINESS WIRE)--Dec. 12, 2002

Ivara Corporation, an industry leader and innovator in asset reliability solutions, announced that it has achieved certification for its interface to SAP's plant maintenance and asset life-cycle management capabilities as part of the mySAP Product Lifecycle Management (PLM) solution.

Many large organizations rely on the SAP enterprise applications for financial, distribution, sales, manufacturing and maintenance. These companies can now use Ivara EXP at the front end of SAP to incorporate predictive and condition-based maintenance capabilities to monitor asset conditions and help maintenance personnel keep reliability and productivity on target.

"We're very excited to be working with SAP, the market leader in business applications, to deliver a solution that answers the need for improved equipment reliability, said Bill Shaw, president & CEO. "With mySAP PLM Asset Life-Cycle Management, many customers have achieved a high level of efficient work execution. We see consistent demand from these SAP customers for a solution to take them to the next level in maintenance effectiveness; focusing on asset reliability. Ivara EXP helps these users to turbo-charge their maintenance function."

Ivara EXP helps capital-intensive corporations leverage and extend the benefits they are getting from mySAP PLM. Ivara EXP collects equipment condition data from controls, sensors, data historians, predictive maintenance technologies and visual inspections. EXP consolidates and analyzes all condition data, identifies potential failures and recommends corrective actions. EXP uses single or multiple data points to analyze the data, applying defined rules and calculations to get a true picture of the equipment health. The results are presented visually through flashing alarms and trending graphs. EXP identifies the right work at the right time, so customers can optimize asset performance and extend asset life.

About Ivara Corporation

An industry leader and innovator in asset reliability solutions, Ivara combines advanced software and unparalleled reliability expertise to help customers achieve and sustain a proactive, reliability driven approach to maintenance. Using a comprehensive blend of technology and services, Ivara creates unique reliability solutions that align equipment performance with clearly identified business goals for increased revenue, operating output and quality. For more information about Ivara, visit www.ivara.com.