Beijing Huayou Gas Corporation Limited Selects MRO Software's Strategic Asset Management Solution; MAXIMO to Assist in Managing China's Longest Natural Gas Pipeline.Energy Editors/Business Editors/High-Tech Writers BEDFORD, Mass.--(BUSINESS WIRE)--Feb. 5, 2003 MRO Software MRO Software, Inc. - formerly known as PSDI, was a software firm based in Bedford, Massachusetts, which published Maximo, the top-selling Enterprise Asset Management system in the market. , Inc. (Nasdaq: MROI MROI Marketing Return On Investment MROI Magdalena Ridge Observatory Interferometer (New Mexico) MROI Marginal Return on Investment ), the leading provider of strategic asset management solutions, today announced that Beijing Huayou Gas Corporation Limited has signed an agreement to implement MAXIMO(R) to assist in managing its 1,098 kilometers (680.76 miles) natural gas pipeline operations. The agreement was signed in MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Software's fourth fiscal quarter. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, Beijing Huayou Gas will implement MAXIMO to improve operational and managerial efficiencies. Beijing Huayou Gas underwent a thorough technological review of several asset management solutions prior to signing the agreement. MAXIMO will be implemented in the corporation's headquarters in addition to all the subsidiary offices and will include workflow control, equipment management and preventive maintenance The routine checking of hardware that is performed by a field engineer on a regularly scheduled basis. See remedial maintenance. preventive maintenance - (PM) To bring down a machine for inspection or test purposes. See provocative maintenance, scratch monkey. activities. Beijing Huayou Gas Corporation Limited, as a subsidiary of PetroChina, is a natural gas pipeline transmission company. It was established in 1991, as a joint investment by the China National Petroleum Corporation (CNPC CNPC China National Petroleum Corporation CNPC Centro Nacional de la Productividad y la Calidad (Chile) CNPC Commander, Navy Personnel Command CNPC China National Philatelic Corporation (Chinese stamp authority) ) and the Beijing Municipal Government. Beijing Huayou Gas is primarily responsible for the construction, operation and management of the natural gas transmission pipeline from the Shan-Gan-Ning gas fields to Beijing. The pipeline connects the Changqing gas wells in Jingbian, Shanxi Province with large cities in North and Eastern China, such as Beijing and Tianjin. In such a huge and complex asset environment, the key to increasing operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. is in leveraging the value of operational assets and improving management information. Using MAXIMO's advanced maintenance management and information capabilities, Beijing Huayou Gas is looking to improve overall operational efficiencies by reducing equipment downtime and lowering costs as well as increasing visibility of information management to support better decision-making throughout the corporation. "We are pleased to add Beijing Huayou Gas to over 80 enterprises in more than 10 provinces in China that are employing MAXIMO for their asset management solution and we look forward to a successful implementation," said Roger Shen Shen, in the Bible, place, perhaps close to Bethel, near which Samuel set up the stone Ebenezer. , general manager for MRO Software, Greater China. About MRO Software, Inc. MRO Software is the leading provider of e-Business solutions for strategic asset management. 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. 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 and provisioning across the asset base. MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 1,000 employees, 10,000 customers and more than 260,000 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia/Pacific and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . 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. |
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