News | July 27, 2004

Cyco Software Announces New Asset Management Solution

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Cyco Software, a leading global software company offering Engineering Data Management (EDM) solutions, announced today its new Cyco AutoManager MAXIMO Module. The Cyco AutoManager MAXIMO Module features tight integration with MRO Software's MAXIMO, the leading strategic asset management solution for production, facilities, transportation and IT assets.

Companies are continually challenged to achieve the highest possible revenue from their existing assets. The ability to eliminate unnecessary delays, decrease downtime and reduce errors can enhance asset revenue significantly. "From as early as the engineering phase, MAXIMO customers using Cyco AutoManager Meridian can experience a significant increase in efficiency, productivity, quality and security," said Edwin van Dijk, Global Business Consultant with Cyco Software. "The integration of the products leads to a reduction in maintenance and engineering costs across the entire organization from planning, purchasing and engineering to maintenance, construction and general management."

Product Benefits
The integration between MAXIMO and Cyco AutoManager Meridian enables the maintenance data management functionality of MAXIMO to connect with the document management capabilities of Cyco AutoManager Meridian. This creates a synergistic environment that delivers a number of benefits, including:

  • Eliminating the need for documentation handover from engineering to maintenance.
  • Having immediate access to all technical asset documentation (CAD drawings, schematics, notes), including correct revisions and relevant references to equipment documentation.
  • Reducing process downtime and accidents due to out-of-date documentation.
  • Printing fewer hardcopies for review or distribution.
  • Simplifying the management of as-built records.
  • Procuring the right spare parts based on accurate specifications.
Proven Solution
Companies in the United States and Europe are already adopting the new Cyco AutoManager MAXIMO Module. One of the world's largest IT hardware providers in Texas and a large electric utility in Europe recently selected the Cyco AutoManager MAXIMO Module to enhance access to all essential asset-related equipment and location data.

Product Resellers
Participating resellers include the following:

DataCore Technology
DataCore specializes in implementing electronic data management solutions for energy, pharmaceutical, manufacturing, and government organizations to help improve time to market, reduce asset maintenance costs, and comply with government regulations. DataCore operates with the highest degree of integrity, provides quality products and services, and maintains a steadfast commitment to excellence. For more information, please visit www.data-core.com.

Hagerman & Company
Hagerman & Company, Inc. is the leading provider of MCAD and document control solutions to manufacturing organizations in the Central US. Hagerman has regional sales offices in Illinois, Indiana, Missouri, and Tennessee. For more information, please go to www.hagerman.com.

Avatech Solutions
Avatech Solutions, Inc. (OTCBB: AVSO.OB) is the recognized leader in design and engineering technology with unparalleled expertise in CAD software, data management and process optimization for the manufacturing, engineering, building design and facilities management industries. Headquartered in Owings Mills, Maryland, the company specializes in software integration, standards development and deployment, education and technical support. Visit www.avatechsolutions.com for more information.


About MRO Software
MRO Software is the leading provider of strategic asset management solutions. The company's integrated suite of applications optimizes performance, improves productivity and service levels and enables asset-related sourcing and procurement across the entire spectrum of strategic assets. Additional information can be found at www.mrosoftware.com.

About Cyco Software
Cyco Software provides Engineering Data Management (EDM) and Application Integration solutions for multiple vertical industries, including manufacturing, energy, government, healthcare, retail and telecommunications. Cyco Software has almost two decades of industry experience with more than 15,000 clients and over 275,000 users in 50+ countries worldwide. The company has offices in the USA, UK, Germany, and The Netherlands and an extensive global network of established partners. Cyco Software ensures a high level of service and support on a truly worldwide scale for its leading software solutions Cyco AutoManager Meridian and Cyco AutoManager TeamWork. For more information, please visit www.cyco.com, or call (800) 323-2926 ext 110 (Americas) or +31 (0) 70 413-3700 (Europe).