PinnacleAIS Announces Key PCMS RBI Initiatives

Tuesday, December 2nd 2008

PinnacleAIS, a leading provider of services and technology specializing in improved asset integrity for the petroleum and chemical processing industry, today announced that it has completed several key Plant Condition Management Systems (PCMS®), Risk-Based Inspection (RBI) initiatives, furthering its expertise in Inspection Data Management Systems (IDMS) implementation and management.

The company has implemented the first production version of the PCMS RBI module with several clients and has recently completed an extensive training program at a leading oil refiner. Additionally, PinnacleAIS, in conjunction with a group of industry experts, has performed a validation of the consequence models built into the PCMS risk calculator, ensuring that the results are valid and meet industry standards.

“PinnacleAIS is the service company to implement the new PCMS RBI software module, and we are proud to build upon our expertise through successful client implementations and training,” said Ryan Sitton, Founder and CEO of PinnacleAIS. “The new PCMS RBI module works within the existing PCMS framework, which is used by many of our clients, and is easier to use and maintain than other industry solutions. We look forward to extending the RBI module and enhancing our training program to serve our growing customer base comprised of the world’s leading refineries.”

PCMS® is the inspection data management software of choice of many major refining companies such as Valero, BP, Conoco Phillips, and Citgo. The RBI module integrates calculations that determine the risk associated with petrochemical equipment, and tools to help strategically plan inspection and operating practices to reduce those risks. Compliant with API 580 – The API Recommended Practice for Risk-Based Inspection, the software provides quantitative analyses of refinery equipment so reduction in risks can be determined and measured.

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