Datastream 7i Goes Live at Five Sites in Ireland for the World's Largest Pharmaceutical Company.Business Editors/Health/Medical Writers/High-Tech Writers GREENVILLE, S.C.--(BUSINESS WIRE)--March 23, 2004 Asset Performance Management software leader, Datastream, notches up another success for Pfizer in its program to standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. maintenance, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , calibration and purchasing and inventory across multiple sites in Ireland Datastream Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : DSTM DSTM Dual Stack Transition Mechanism DSTM Differential Space-Time Modulation DSTM Don't Shoot the Messenger, Inc (Milton, Ontario, Canada) DSTM Directorate of Science, Technology and Medicine DSTM Department Store Type Merchandise ), a leading provider of Asset Performance Management (APM (Advanced Power Management) A programming interface (API) from Intel and Microsoft for battery-powered computers that lets programs communicate power requirements to slow down and speed up components. See ACPI. APM - Advanced Power Management ) solutions, today announced that it has successfully deployed Datastream 7i across five Pfizer sites in Ireland. Adding to the successful implementation of maintenance, inventory, purchasing and calibration streams at the Loughbeg Tablet plant facility, the company is now live at five sites in a multi-organization deployment of the purchasing stream. Datastream successfully deployed Datastream 7i at the Loughbeg Tablet plant in September 2002 (dubbed dub 1 tr.v. dubbed, dub·bing, dubs 1. To tap lightly on the shoulder by way of conferring knighthood. 2. To honor with a new title or description. 3. the 'Go-Live' project) and has been providing Pfizer with optimal maintenance management ever since. This project was the first of its kind within the pharmaceutical industry to integrate maintenance and calibration management into one system. Since implementation, Datastream 7i has boosted the efficiency of Pfizer's maintenance, calibration, inventory control and purchasing operations within the Tablet plant and has allowed Pfizer to engage in best practice maintenance management in a manner consistent with the high regulatory compliance standards of the pharmaceutical industry. In the next phase, Datastream 7i will be rolled out for maintenance, inventory and calibration to the other Pfizer plants in Dublin, Little Island, Loughbeg and Ringaskiddy. This Ireland-wide implementation is part of a wider global project and makes use of the powerful functionality of Datastream 7i. Hosted from one central location on a single, multi-organization database, Datastream 7i allows Pfizer to share information and maximize synergies across its Irish plants. "The successful Go-Live of the Dublin purchasing stream means we have achieved three out of three Go-Live dates on schedule for the first three phases, which is a tremendous credit to both the Pfizer and Datastream project teams," explained Peter O'Rourke Peter O'Rourke (born 1874, died 1956) was a Scottish footballer and manager. Career O'Rourke played for Celtic, Burnley, Lincoln City, Third Lanark and Chesterfield before his final playing days at Bradford City. , IT Director for Pfizer, Ireland. Thibault de Clisson, Datastream's Vice President and Managing Director Europe, Middle East, Africa, concluded, "Datastream's customers demand excellence and we have proven our excellence to Pfizer through the initial implementation at the Loughbeg Tablet plant and the subsequent multi-org expansion. Pfizer is now seeking to achieve further optimization in its supply chain and manufacturing performance across all its plants and, by using Datastream 7i, Pfizer will be able to achieve further success in cost reduction, risk management, regulatory compliance and equipment reliability." About Datastream Systems, Inc. Datastream Systems, Inc. (NASDAQ: DSTM) provides Asset Performance Management software and services to enterprises worldwide, including more than 65 percent of the Fortune 500. Datastream's solutions combine world-class asset management functionality with advanced analytics to deliver a powerful platform for optimizing enterprise asset performance. By using Datastream's solutions, customers can maintain and manage capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) - such as manufacturing equipment, vehicle fleets and buildings - and create analyses and forecasts so they can take action to improve future performance. Datastream's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Datastream 7i(TM), delivers a complete Asset Performance Management infrastructure by combining an Internet, web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. architecture with broad enterprise asset management functionality, integrated procurement, advanced analytics and multi-site capability. Datastream was founded in 1986 and has customers in more than 140 countries. For more information, visit www.datastream.net. Datastream and Datastream 7i are marks of Datastream Systems, Inc. ("Datastream" or the "Company"). All other products or Company names mentioned are used for identification purposes only and may be trademarks of their respective owners. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include, but are not limited to: increasing competition in the markets in which the Company competes; the stability of certain of the Company's strategic relationships, including those with suppliers of maintenance, repair and operations Maintenance management or Maintenance, (MRO'), is fixing any sort of mechanical or electrical device should it become out of order or broken (repair) as well as performing the routine actions which keep the device in working order (maintenance) or prevent trouble parts; the ability of the Company to: sell larger and more complex software solutions, successfully transition to the development of further Internet-based products, successfully implement an application service provider business model, enhance its current products and develop new products that address technological and market developments; and other risk factors listed from time to time in Datastream's SEC reports, including, but not limited to the "Risk Factors" contained in the Datastream's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2003. Datastream does not have, and expressly disclaims, any obligation to release publicly any updates or any changes in the Company's expectations or any changes in events, conditions or circumstances on which any forward-looking statement is based. |
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