MROI Mro Software

MRO Software, Inc. (NASDAQ: MROI), the leading provider of asset and service management solutions, today announced that Flint Hills Resources has 'gone live' with Maximo Enterprise Suite (MXES). Flint Hills Resources, which is based in Wichita, Kan., has completed the first phase of the MXES implementation at its Corpus Christi, Texas, refining complex. The solution will replace multiple computerized maintenance management systems and be used to track, maintain and manage assets at refinery, chemical and terminal complexes in Alaska, Minnesota, Wisconsin, Iowa, Illinois, Texas and Canada. The MXES architecture will allow FHR to meet the project's objectives: -- Successfully replace current platforms with a single common solution that uses current work practices; -- Create a platform that enables relative ease in incorporating new acquisitions; -- Enable new functionality where it makes sense; and -- Leverage IT resources and spending. This recent implementation with FHR is further evidence of MRO Software's on-going support for the oil and gas industries. Recently the Company increased its commitment to the oil and gas industry by releasing Maximo Oil & Gas on the MXES platform. This industry specific solution helps companies reduce cost, facilitate common processes, and ensure the toughest challenges of: improving asset analysis, ensuring compliance, planning shutdowns, instilling integrity management, reducing manual intervention, addressing complex supply chain demands, facilitating continuous improvement, standardizing and sharing data, and improving organizational learning. "To be successful in today's competitive refining and chemical businesses, it is imperative that we manage our existing and planned infrastructure in the most efficient means possible," Greg Surniak, computerized maintenance management systems project manager for Flint Hills Resources. "Our future vision requires us to achieve operational excellence by quickly implementing the best maintenance practices at existing facilities as well as new ones. In order to stay ahead of this growth curve, we evaluated a number of solutions in the asset and service management market and selected Maximo Enterprise Suite. We expect that when the MXES solution is completed, we will have laid a solid foundation for operational excellence." "Future project phases could then further streamline our work processes, improve asset tracking and enhance budget accountability, improve material processes, and reduce costs through standardization on one software platform," added Surniak. The initial phase of FHR's implementation commenced with a project team selection in Q4 2004, Maximo MXES selection in Q1 2005, and concluded with a 'go-live' at the end of Q2 2006. Phase One includes more than 1,100 users with an ultimate target of more than 2,400 users once fully implemented." "MRO Software is committed to the Oil & Gas industry and has a dedicated group of resources focused on the segment. This includes a separate development group and an Advisory Council that align with industry direction. The MXES architecture enables MRO Software to develop functionality very rapidly. We are able to work with our customers and quickly bring to market functional enhancements to address industry specific requirements", said Johan Arts, vice president - industry & solutions Marketing, MRO Software. "In the past, specific functional requirements of various business groups prevented consolidation of asset management systems. Upstream exploration & production and downstream refining all ended up selecting their own asset management solutions. The strength of the MXES platform combined with the industry specific functionality allows companies to now implement a single, enterprise level solution for all of their critical assets." About Flint Hills Resources Flint Hills Resources is a leading producer of fuels, base oils, and other petrochemical and commodity products. The company operates refining complexes in Alaska (North Pole) Minnesota (Rosemount) and Texas (Corpus Christi) with a combined crude processing capacity of about 800,000 barrels per-day and employs about 2,500 people. Products include gasoline, jet fuel, diesel, heating oil, asphalt, and various chemicals used to produce synthetic fibers, agricultural chemicals, packaging, coatings, and appliance and automotive parts. FHR's environmental commitment has led to awards such as the Clean Air Excellence Award from the U.S. Environmental Protection Agency for its success in reducing refinery flaring by 95 percent, resulting in an estimated reduction of 800 tons of emissions annually. Health and safety awards include the National Petrochemical & Refiners Association's Distinguished Safety Award for the superior level of safety performance in Corpus Christi in 2003 and 2004. In 2005, operations in Minnesota, Texas, and Illinois earned safe work awards for performance in 2004 from the National Petrochemical & Refiners Association. Flint Hills Resources is a wholly owned, independently managed subsidiary of Koch Industries, Inc., which owns a diverse group of companies involved in petroleum and chemicals; fibers and polymers; commodity and financial trading; and forest and consumer products. About MRO Software, Inc. MRO Software is the leading provider of asset and service management solutions. Maximo Enterprise Suite, the Company's flagship solution, is delivered on a web-architected platform and increases productivity, optimizes asset performance, and service levels, reduces costs and enables asset-related sourcing and procurement across the entire spectrum of strategic assets. The Company's asset management solutions allow customers to manage the complete life cycle of strategic assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using MRO Software's solutions, customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management and provisioning across the asset base. MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 900 employees, and more than 300,000 end-users. The Company markets its products through a direct sales organization in combination with a network of international distributors. MRO Software has sales offices throughout North America, Europe, Asia/Pacific and Latin America. Additional information on MRO Software can be found at http://www.mro.com. Maximo(R) is a registered trademark, and MRO Software(TM) and MXES(TM) are trademarks, of MRO Software, Inc.