Ivara Corporation Announces Russian Reseller Agreement with CBE

Tuesday, November 11th 2008

Ivara Corporation, the industry leader and innovator in asset performance management solutions, today announced a reseller partnership with KB Energoavtomatika (CBE). Under the agreement, CBE will focus its efforts to resell and provide implementation services for Ivara® EXP Enterprise asset performance management software to companies in the Russian and CIS energy market. The agreement supports Ivara’s strategy to expand the company’s global reach and delivery capabilities into the Russian power industry.

CBE is also a member of The Aladon 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™ and Ivara® Maintenance Task Analysis — two advanced methodologies offering team-based approaches to develop technically-based plant-wide equipment reliability programs.

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 companies to implement Ivara’s renowned proactive asset reliability process. The process is developed and sustained with the Ivara WorkSmart® delivery methodology, which builds and implements asset reliability programs one asset at a time.

“There is a growing desire among Russian utilities to adopt a reliability-focused approach to asset care,” says Nikolay L. Sultanov, General Manager, CBE. “With software founded on RCM principals and a track record of excellence in the utility industry, Ivara is the only vendor with the proven solution and credibility to support our customers’ growing need to execute and sustain a reliability strategy. We are pleased to join forces with Ivara and bring EXP to our valued customers.”

“With strong relationships in the Russian power generation industry and extensive software and engineering expertise, CBE is uniquely positioned to expand the market for EXP in Russia,” says Roger Zanatta, Vice President, Business Partners, Ivara Corporation. “We are proud to partner with CBE and help their customers take asset performance to the next level.”

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