Datastream Announces Datastream 7i for SQL Server and Expands Market for Asset Performance Management Solutions

Greenville, S.C. – January 12, 2004 – Datastream Systems, Inc. (NASDAQ: DSTM) today announced that its flagship Datastream 7i™ Asset Performance Management solution will be available this quarter for the Microsoft SQL Server platform.

Hundreds of companies worldwide have deployed the Datastream 7i solution on the Oracle platform to drive down operational costs and improve asset performance. With this announcement, Datastream 7i also supports the SQL Server platform, effectively expanding the range of companies that can benefit from the industry’s leading Asset Performance Management solution.

“With this release, Datastream will deliver its industry-leading Asset Performance Management solution to a much broader range of companies,” said Larry Blackwell, president and CEO of Datastream Systems, Inc. “Our customers have been asking to extend their SQL Server investment with a robust, Web-architected Asset Performance Management solution. With this quarter’s delivery of Datastream 7i for SQL Server, we provide this solution.”

Datastream 7i combines a Web architecture with broad Asset Performance Management functionality and multi-organization, multi-currency capability. This means that a single application can be deployed across multiple locations, even across international boundaries, giving companies visibility into their operations enterprise-wide and facilitating the transfer of best practices. 

The product also offers an advanced asset analytical module that enables customers to capture and analyze asset and operational data to identify trends and anomalies.  This results in better-informed, forward-looking business decisions that lower operations costs and improve profitability.

“Fresh Express has standardized on the Microsoft SQL Server environment, so Datastream 7i’s support for SQL Server means that we will be able to deploy the industry-leading Asset Performance Management solution in-house,” said Scott Komar, senior vice president, supply chain group manager and CIO for Fresh Express. “Additionally, we anticipate an extremely smooth and cost-effective migration from our current Datastream 7i hosted deployment to the in-house one. Datastream has been a great partner for Fresh Express, and we look forward to moving our relationship to the next level.”

Datastream 7i provides compelling features and benefits for SQL Server environments including:

  • Datastream’s unparalleled track record of Datastream 7i deployment success.
  • A pure Web architecture that enables customers to view and manage assets across multiple organizations and locations in multiple languages and currencies.
  • Powerful advanced modules, such as electronic signatures and records, automated procurement and analytics.
  • The ability to deploy role-based interfaces through Web Services technology, so a broader range of employees can use and benefit from Datastream 7i.

These features and benefits are why hundreds of Datastream customers worldwide have come to rely on Datastream 7i to optimize operations and improve corporate performance.

About Datastream Systems, Inc.
Datastream Systems, Inc. (NASDAQ: DSTM) provides Asset Performance Management software and services to enterprises worldwide, including more than 65 percent of the Fortune 500. Datastream’s solutions combine world-class asset management functionality with advanced analytics to deliver a powerful platform for optimizing enterprise asset performance.

By using Datastream’s solutions, customers can maintain and manage capital assets – such as manufacturing equipment, vehicle fleets and buildings – and create analyses and forecasts so they can take action to improve future performance. Datastream’s flagship product, Datastream 7i™, delivers a complete Asset Performance Management infrastructure by combining an Internet architecture with broad enterprise asset management functionality, integrated procurement, advanced analytics and multi-site capability.

Datastream was founded in 1986 and has customers in more than 140 countries. For more information, visit www.datastream.net.