MRO Software Hosts Joint Advisory Council Meeting; Company's Oil and Gas, Nuclear, Transportation and Transmission & Distribution Advisory Councils to Discuss Industries' Future

Business Wire, Oct 12, 2005

BEDFORD, Mass. -- MRO Software (Nasdaq: MROI), the leading provider of asset and service management solutions, hosted its first annual Joint Advisory Council meeting with members from nuclear, transportation, transmission & distribution and oil & gas industries. The two-day event explored the growing energy concerns and the asset and service management trends in each industry.

MRO Software launched its Advisory Council program more than two years ago to examine the relevant trends and issues within vertical industries, with the goal of incorporating solutions to these issues into MRO Software's Maximo product suite. Each council includes MRO Software customers, industry consultants, academics and a Company executive. The opinions and contributions from the Councils have been key elements in the successful development of MRO Software's industry-specific solutions.

The idea to bring together the four councils stemmed from the participants themselves who were curious to know what issues their peers in other industries were concerned about. The meeting format includes a day one session with all participants involved, followed by a second day of industry-specific meetings to discuss likely scenarios in the year 2020. MRO Software industry managers moderated the discussions.

The first day session included a presentation with Jeffrey Garten, the Juan Trippe professor of international trade, finance and business at the Yale School of Management. His presentation included a group discussion on key trends in the global economy.

The Joint Advisory Council members included representatives from leading organizations such as Abu Dhabi National Oil Company, (ADNOC), Arizona Public Service, BAM Rail, Bay Area Regional Transportation (BART), BP, China National Offshore Oil Company (CNOOC), Colorado Springs Utilities, Detroit Public Schools, DTE Energy, Keyspan Energy, Kuwait National Petroleum Company (KNPC), Lakeland Utilities, and TXU Energy Delivery. Also in attendance were representatives from leading educational institutions, including Massachusetts Institute of Technology (MIT) and University of California Berkeley.

"Our work with the advisory councils has been very rewarding for the Company and in the development of features in Maximo," Patricia C. Foye, executive vice president, global marketing and alliances, at MRO Software. "We organized this joint session at the request of the council members. They were anxious to hear what the other councils were discussing and how global trends were affecting each of their industries."

About MRO Software, Inc.

MRO Software is the leading provider of asset and service management solutions. Maximo Enterprise Suite, the Company's flagship solution, is delivered on a web-architected platform and increases productivity, optimizes asset performance, and service levels, reduces costs and enables asset-related sourcing and procurement across the entire spectrum of strategic assets.

The Company's asset management solutions allow customers to manage the complete lifecycle of strategic assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using MRO Software's solutions, customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management across the asset base.

MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 900 employees, and more than 300,000 end-users. The Company markets its products through a direct sales organization in combination with a network of international distributors. MRO Software has sales offices throughout North America, Europe, Asia/Pacific and Latin America. Additional information on MRO Software can be found at http://www.mro.com.

Maximo(R) is a registered trademark, and MRO Software(TM) is a trademark, of MRO Software, Inc.