Ivara Corporation Announces Russian Reseller Partnership with EAM Systems

    Established Russian IT Services Company to resell and implement EXP

    BURLINGTON, ON, May 28 /CNW/ - Ivara Corporation, the industry leader and
innovator in asset performance management solutions, today announced a
reseller partnership with EAM Systems Limited, a leading Moscow-based IT
solutions provider. With the partnership, Bellwood will resell and provide
implementation services for Ivara(R) EXP Enterprise asset performance
management software to asset-intensive companies in Russia and CIS states. The
agreement supports Ivara's strategy to expand the global market for EXP
    Along with the company's reseller status, EAM Systems is also a member of
The Aladon(R) Network - Ivara's global network of reliability experts. As a
Network member, the company is certified to deliver training and consulting
services for Ivara Asset Risk Prioritization, as well as Ivara RCM2(TM) and
Ivara Maintenance Task Analysis - two advanced methodologies offering
team-based approaches to developing a reliability strategy for all assets in
an organization.
    EXP Enterprise provides a cohesive and integrated platform to develop,
implement and manage a living equipment reliability program. EXP, supported by
advanced reliability practices, enables Ivara's renowned proactive asset
reliability process. The process is developed and sustained with the Ivara
Work Smart(R) delivery methodology, which builds and implements asset
reliability programs one asset at a time.
    "As a recognized leader in reliability software, process and methodology,
we are excited to partner with Ivara," says Dmitri Saveliev, CEO, EAM Systems
Inc. "As an Ivara reseller we will empower our customers to achieve a
proactive equipment reliability process, driven by EXP Enterprise."
    "We have strategic focus to expand our global market presence and EAM
Systems has a strong presence in the Russian manufacturing and process
industries," says Paul Marshall, president, Ivara Corporation. "We are
confident that this partnership will support our growth objectives and enable
Bellwood to meet their customer's growing demand for reliability-based asset
performance management solutions."

    About Ivara:

    Ivara is the leader in asset performance management software, Ivara(R)
EXP Enterprise, and services including Ivara RCM2(TM), the leading reliability
strategy development methodology. RCM2 is delivered exclusively by The
Aladon(R) Network, Ivara's global network of reliability experts. Ivara EXP
prevents industrial equipment failure, increases production and lowers costs
for better business performance. EXP transforms data into real-time
intelligence and helps plant and operations management make fast and accurate
business decisions. Customers worldwide, representing a cross section of asset
intensive industries, realize the benefits of EXP every day. For more
information, visit www.ivara.com.

    About EAMSystems:

    EAM Systems is a Russian IT solutions company specializing in system
integration, implementation and IT consulting. EAM Systems is a joint stock
company of Bellwood Systems, a leading provider of Enterprise Asset Management
solutions in the region, and Povolgskaya Consulting Group rendering consulting
services for manufacturing and process industries. EAM System's clients
include RusHydro, RUSAL, Caspian Pipeline Consortium, TGC-1, TMK-SMS and
Tatenergo among others. www.eamsystems.ru.

For further information:

For further information: Ivara Contact: Sandra DiMatteo, Director of
Marketing, Ivara Corporation, Tel: (905) 632-8000 ext. 271,
sandra.dimatteo@ivara.com; EAM Systems Contact: Elena Fedulova, Marketing
Specialist, EAM Systems, Tel: (495) 626-5940 ext. 137, fedulova@eamsystems.ru

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