OSIsoft Receives 2005 Frost & Sullivan Product Innovation Award; RtPM Platform, Powered by the PI System, Recognized for Its Value to Power Grid Monitoring.

SAN LEANDRO, Calif. -- OSIsoft, Inc., the global leader in performance management software, is pleased to announce it has received the 2005 Frost & Sullivan Award for Product Innovation. OSIsoft was recognized for the development and introduction of its RtPM Platform, a highly effective data management platform for a broad range of power grid monitoring applications. RtPM enables companies to boost operational efficiency and make critical, informed decisions that result in substantial cost-savings.

"The significance of OSIsoft in grid monitoring is crucial because the RtPM Platform, which is powered by the PI System, provides operators a way to easily configure and exchange data on a real-time basis," said Balaji Raman, research analyst, Frost & Sullivan. "OSIsoft's RtPM Platform is a unique real-time, data management framework that helps energy delivery companies easily access current or historical data and enables them to analyze data in real-time or historical mode. The salient feature of RtPM is that it enables utilities, generators, transcos, ISO's and RTO's to exchange and share the data on a real-time basis."

Electricity restructuring has occurred because of new market participants and changes in coverage territories for regional transmission organizations, substantially increasing the amount of data required to monitor the power grid. Consequently, the management of diverse data sources and limited availability of real-time data are prominent challenges facing utility companies. Grid operators need tools that provide easy access to real-time information for timely analysis. The RtPM Platform enables utilities to access, analyze and share data in real time. Using OSIsoft's platform, utilities can increase response time and analysis, accelerate decision making and drive cost-effective actions. RtPM also helps utilities monitor vital assets for possible terrorist attacks and helps comply with North American Electric Reliability Council (NERC) cyber security standards.

With RtPM, powered by the PI System, customers receive a timely, accurate view of real-time and historical information directly from Transmission and Distribution sources, including SCADA, diverse automation technologies, and native devices. Management, engineers, planners, and operators can quickly analyze this information -- from the "big picture" view down to individual equipment performance and customer energy usage.

"OSIsoft continues to gain traction in the utilities market and we are honored to receive recognition from Frost & Sullivan in this key industry," said Michael Saucier, vice president of Marketing, OSIsoft. "Power grid operators are realizing the capability of OSIsoft's RtPM Platform to help make immediate, informed and profitable decisions under critical circumstances."

The report also notes that one of the key success factors of OSIsoft is that it works closely with "Microsoft, Intel, SAP and Cisco to leverage the latest technology, facilitating improvements in speed and scalability of the system. The product continues to gain acceptance, as utilities are increasingly expected to do more with fewer resources, for which access to real time and historical data is critical."

For more than 20 years, OSIsoft's PI technology has proved virtually indispensable in the majority of investor-owned utilities (IOU's) and independent system operators (ISO's) in North America and worldwide. The company is an active participant in industry initiatives such as the IEC Working Group 13 and EPRI - CCAPI Working Group. Customers include ISO's, RTO's, IOU's, transcos, trading companies, municipalities, cooperatives, and other government-based energy companies from countries throughout the world.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting, and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics, and demographics. With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world.

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About OSIsoft

OSIsoft delivers performance management software to the world's leading process manufacturing, life sciences, and utility companies -- anywhere real-time operational metrics fuel performance. With more than 10,000 installations worldwide, OSIsoft's real-time data platform crosses IT and process boundaries to incorporate and display operational information. Providing comprehensive visibility into operations, the OSIsoft platform unlocks the potential for timely analysis and the ability to make critical, informed and profitable decisions.

Founded in 1980, OSIsoft, Inc. is headquartered in San Leandro, Calif., with operations worldwide and is privately-held.