Industry Leader Renews Commitment to Gemcom, Expanding Its Portfolio of
Mining Productivity Solutions
VANCOUVER, Jan. 28 /CNW/ - Gemcom Software International Inc. (TSX:GCM),
the largest global supplier of specialised mining productivity solutions,
today announced that Companhia Vale do Rio Doce (Vale, ex CVRD) has extended
its long-term relationship with the Company by signing a newly expanded
multi-year corporate agreement with Gemcom.
Vale is a leader in the production of iron ore and nickel and one of the
largest mining companies in the world, with operations in five continents.
This new agreement with Gemcom enables Vale's operations to have access to an
expanded portfolio of Gemcom software spanning exploration, planning,
scheduling and production.
In building upon its relationship with Gemcom, Vale operations and mining
professionals will be able to employ an increased depth of automation tools
which cover an extensive range of mining functions. At Vale, Gemcom's Surpac,
Minex and MineSched applications will join trusted Gemcom software GEMS and
Whittle which have long supported Vale in the most demanding and complex
situations at its largest operations.
"By leveraging a broader range of Gemcom software, Vale's engineers and
geologists will be able to increase productivity by introducing more
sophisticated and streamlined work flows into the company's operations," said
Marcos Rittner, managing director of Gemcom do Brasil. "In addition to
offering Vale's mining professionals new capabilities, the expanded contract
simplifies the purchasing process for Vale-owned companies. Our offerings can
be acquired quickly through a pre-approved process which will ensure their
systems users won't have to trade one feature for another - they automatically
receive everything they need."
Gemcom's ability to enable companies to standardise data was a key driver
behind the agreement. As an example of the value Vale places on this
capability, its exploration division, DIPM, is using the GEMS system to
consolidate, manage, control and protect data for their projects. Gemcom's
support and training capabilities were other factors that played an important
role in Vale's decision.
"Although Vale is perhaps best known as a producer of iron ore, it's
involved in mining a wide variety of commodities all over the world, such as
nickel, copper and coal," said Rick Moignard, Gemcom's president and CEO.
"This expanded agreement underlines Gemcom's ability to support the diverse
needs of global mining companies. We are pleased to have a strong relationship
with a company like Vale, who has a vision to surpass the established
standards of excellence in research, development, project implementation and
When mining companies seek to increase mine productivity, they turn to
Gemcom for technology and services. The Company is home to world-renowned
mining solutions like GEMS, Surpac, Minex, Whittle, and InSite and to industry
thought-leaders who are pushing the boundaries of what's possible in mining.
Established in 1985, Gemcom has a global reach delivering comprehensive
solutions in all major mining centres in more than 90 countries. Every major
mining company, including BHP Billiton, Codelco, Vale, De Beers and Newmont,
is a Gemcom client. Through a combination of organic growth and strategic
acquisitions, the Company has become the largest global supplier of
specialised mining productivity solutions. Gemcom is listed on the TSX under
the ticker "GCM." For more information, visit www.gemcomsoftware.com.
This press release contains forward-looking statements concerning the
future performance of Gemcom's business, its operations, and its financial
performance and condition. These forward-looking statements are based on
management's current expectations and judgment. The Company cautions readers
that all forward-looking information is inherently uncertain and actual
results may differ materially from the assumptions, estimates, or expectations
reflected or contained in the forward-looking information, and that actual
future performance will be affected by a number of factors, including but not
limited to economic conditions, technological change, and changes in
competitive factors, many of which are beyond the Company's control. Risks and
uncertainties that could affect Gemcom's business are discussed more
extensively in the MD&A section of the Company's most recent annual report and
annual information form, which are available on the Company's website or on
SEDAR at www.sedar.com. Future events and results may vary significantly from
what management currently foresees. These forward-looking statements are made
as of the date of this release and management assumes no obligation to update
or revise these statements to reflect new events or circumstances.
Gemcom, the Gemcom logo and combinations thereof, are trademarks of
Gemcom Software International Inc.
GEMS, Surpac, Minex, Whittle, MineSched, PCBC and Gemcom InSite are
either registered trademarks or trademarks of Gemcom Software
For further information:
For further information: Investor Communications: Garth Albright, Chief
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Corporate Communications: Mark Bese, Marketing Communications Manager, (604)
684-6550 ext. 4481, firstname.lastname@example.org; Brasil Communications: Luciana
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