Datastream Announces Datastream 7i For SQL Server and Expands Market for Asset Performance Management Solutions.Business Editors/High-Tech Writers GREENVILLE, S.C.--(BUSINESS WIRE)--Jan. 12, 2004 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 ) today announced that its flagship Datastream 7i(TM) Asset Performance Management solution will be available this quarter for the Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. platform. Hundreds of companies worldwide have deployed the Datastream 7i solution on the Oracle platform to drive down operational costs and improve asset performance. With this announcement, Datastream 7i also supports the SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. platform, effectively expanding the range of companies that can benefit from the industry's leading Asset Performance Management solution. "With this release, Datastream will deliver its industry-leading Asset Performance Management solution to a much broader range of companies," said Larry Blackwell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Datastream Systems, Inc. "Our customers have been asking to extend their SQL Server investment with a robust, Web-architected Asset Performance Management solution. With this quarter's delivery of Datastream 7i for SQL Server, we provide this solution." Datastream 7i combines a Web architecture with broad Asset Performance Management functionality and multi-organization, multi-currency capability. This means that a single application can be deployed across multiple locations, even across international boundaries, giving companies visibility into their operations enterprise-wide and facilitating the transfer of best practices. The product also offers an advanced asset analytical module that enables customers to capture and analyze asset and operational data to identify trends and anomalies. This results in better-informed, forward-looking business decisions that lower operations costs and improve profitability. "Fresh Express has standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. on the Microsoft SQL Server environment, so Datastream 7i's support for SQL Server means that we will be able to deploy the industry-leading Asset Performance Management solution in-house," said Scott Komar, senior vice president, supply chain group manager and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for Fresh Express. "Additionally, we anticipate an extremely smooth and cost-effective migration from our current Datastream 7i hosted deployment to the in-house one. Datastream has been a great partner for Fresh Express, and we look forward to moving our relationship to the next level." Datastream 7i provides compelling features and benefits for SQL Server environments including: -- Datastream's unparalleled track record of Datastream 7i deployment success. -- A pure Web architecture that enables customers to view and manage assets across multiple organizations and locations in multiple languages and currencies. -- Powerful advanced modules, such as electronic signatures and records, automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and analytics. -- The ability to deploy role-based interfaces through Web Services technology, so a broader range of employees can use and benefit from Datastream 7i. These features and benefits are why hundreds of Datastream customers worldwide have come to rely on Datastream 7i to optimize operations and improve corporate performance. 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 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. 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 the Company's SEC reports, including, but not limited to the "Risk Factors" contained in the Company's 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, 2002. The Company 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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