South African Rail Commuter Corporation Chooses Spescom Software; On Track for Success with Spescom Software's eB CM.Business Editors SAN DIEGO--(BUSINESS WIRE)--Oct. 15, 2001 Spescom Software, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ALTS ALTS Association for Local Telecommunications Services ALTS Aarhus Lawn Tennis Selskab (Denmark) ALTS Annotated Labeled Transition System ALTS Analogue Line Terminating Subsystem ALTS Automatic Laser Tracking System ), previously Altris Software Inc., a leading provider of integrated document, configuration and records management (iDCR) solutions today announced an order from a new customer, South African Rail The African Rail (Rallus caerulescens) is a small wetland bird of the rail family. Its breeding habitat is marshes and reedbeds across eastern and southern Africa from Ethiopia to South Africa. Commuter Corporation (SARCC SARCC South African Rail Commuter Corporation ). SARCC joins existing Spescom flagship customers such Railtrack and London Underground The London Underground is an underground railway system - also known as a rapid transit system - that serves a large part of Greater London, United Kingdom and some neighbouring areas. It is the world's oldest underground system, and is one of the longest in terms of route length. in the UK and Bechtel and BNFL BNFL British Nuclear Fuels LTD in the USA, as users of the eB Configuration Management solution. SARCC is the preferred commuter rail service for the government and transport authorities throughout South Africa. One of its main objectives is to provide a world-class commuter service, while at the same time ensuring the services it provides comply with the very highest standards of safety. It was this determination to run a safe, as well as an efficient service, that was a key factor in SARCC's choice of Spescom Software as a technology supplier. Carl Mostert, 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. for Spescom Software commenting on the new order, said: "It is encouraging to see that our track record and experience in the rail sector in the UK has resulted in success with the SARCC. We are building up a solid knowledge base of the rail transport sector and will be pro-actively targeting this market going forward." The proven abilities of the eB Configuration Management software solution and the specialized consulting expertise the company offers its clients allows SARCC management to drive the organization toward its essential goals of efficient management of millions of dollars worth of physical assets and inventory while simultaneously improving productivity of staff and the efficiency and safety of the service provided. This is achieved by the extensive automation of data capture and real-time updates of the company database, enabled by the comprehensive information management functions built into the eB software. "The software will help to ensure that all documentation required for the full life-cycle (currently between 40 and 60 years) support of the rolling stock rolling stock Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among is delivered, and it will validate the asset-to-documentation correlation," says Douw Krynauw, Configuration Manager, Rolling Stock, at SARCC. "It will also help to control asset modifications and documentation changes to ensure that the asset-to-documentation correlation remains valid throughout the life cycle." Other advantages, resulting from eB CM's collaborative and reporting functions include: -- improved access to accurate information relating to assets by all staff -- more rapid error detection and correction of errors in the existing database -- enabling full change effects analysis, ensuring that management decisions can be tested before implementation, with immediate beneficial results for the company's bottom line and safe operations record. Configuration management enables changes to be accommodated during the lifespan of an asset in a controlled manner thereby ensuring that information integrity is maintained 100% accurately. Douw Krynauw says: "SARCC accepts as a necessary condition for technological growth and cost effectiveness the idea that change, provided it is properly managed, is a vehicle for optimizing costs and other requirements." Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Except for historical information contained herein, the matters set forth in this release include forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, the effect of the company's accounting policies, potential seasonality and other risk factors detailed in the company's SEC filings. Notes to Editors About Spescom Software, Inc. Spescom Software (OTCBB: ALTS) delivers enterprise eBusiness solutions that provide rapid access to accurate information in context to customers, assets, products and processes, resulting in improved customer satisfaction, productivity and safety. It achieves this through a tightly integrated suite of document, configuration and records management technologies that not only allows it to capture and securely store information, but also organizes and structures this information to place it in context. Key customers include Continental Airlines, AmerenUE, City of Winston-Salem, Britannia Airways, Salt Lake County, Entergy, North East Utilities, London Underground, Mack Trucks, Railtrack, City of Tempe, and many others. About Spescom eB(R) eB is a registered trademark of Spescom Software Inc. eB comprises an extensive set of software components that together form the foundation for an extremely flexible and powerful information management platform. eB's components include: media management; document management; document control; item control and action and workflow components. These components are tightly integrated with CAD, GIS, office and email applications to capture and view information. The full functionality of eB is available via a set of API's that enable the rapid definition and deployment of customer specific solutions and integration with other line-of-business applications including ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. , CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. , maintenance management and project management products. About Spescom Limited Spescom Limited is an Information and Communications Technology (ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. ) company with operations in USA, UK and South Africa. The group is active in two main areas of the world IT market, namely offering product and solutions to connect to the networked economy, and the provision of software solutions to manage information and knowledge. The strategic focus is on the convergence of knowledge, document, configuration and voice transaction management technologies. Spescom holds the controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in USA based, Spescom Software Inc., a 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 , OTCBB listed company, and the developers of the award winning eB software. |
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