CHICAGO, June 3 /PRNewswire/ -- InStep Software LLC, a leading provider of real-time software systems and solutions, announced today that InStep has teamed with the Exelon Corporation to win the 2008 nuclear reliability Top Industry Practice ("TIP") award for excellence. The award is based on the results achieved by Exelon from their use of InStep's PRiSM software for Centralized Performance Monitoring. InStep's PRiSM technology monitors Exelon's entire fleet of nuclear assets to provide advanced early warning notification of potential equipment problems or failure. With 500 deployed plant equipment computer models Exelon achieved over $500,000 in avoided equipment and production losses in the first two months of operation. PRiSM uses advanced cluster based reasoning to identify process variations that would be virtually impossible to detect otherwise. The PRiSM software seamlessly integrates with Exelon's existing historian infrastructure for reliable and secure access to the plant information. InStep software President John Kalanik says, "We are most pleased to be part of this award winning team. This is a great example of how industry vendors can truly partner with their customers to achieve winning results." Exelon Corporation Exelon Corporation is one of the nation's largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5.4 million customers in northern Illinois and Pennsylvania and natural gas to approximately 480,000 customers in the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC. About InStep Software, LLC InStep Software, LLC is a leading provider of real-time performance management software and solutions for the utility, process, manufacturing, and telecommunication industries and government agencies. InStep extends the return on investment in modern control, monitoring and smart devices by collecting, storing, displaying, analyzing and reporting the information provided by these systems.
SOURCE InStep Software, LLC