Coreworx and EXCEL Services Corporation Announce Strategic Partnership

CHARLOTTE, N.C., Oct. 25 /PRNewswire/ -- Nuclear Construction Summit -- Coreworx Inc., the leading provider of project information and cost control software used globally to manage major capital project execution risk, and EXCEL Services Corporation, the internationally recognized leader in licensing, technical and regulation services for the nuclear industry are pleased to announce their strategic partnership at the Nuclear Construction Summit in Charlotte, NC.

EXCEL's focus is on the cost effective resolution of technical, safety, and regulatory issues in nuclear facility operations. EXCEL Services Corporation provides high quality professional services to their clients in both the current fleet and new nuclear builds with extensive experience negotiating licensing and regulatory issues. EXCEL's experienced team provides consultation to senior utility executives and committees striving to enhance the quality and safety of their organizations.

"We're excited about this partnership that continues to drive our objective of a comprehensive project information and cost control solution," says Ray Simonson, Coreworx CEO. "EXCEL Services Corporation has provided us essential domain expertise and increased our ability to meet the nuclear industry's needs. It's the perfect combination of great technology working with comprehensive experience."

Since its inception EXCEL Services Corporation has been an active member in the nuclear community. EXCEL professionals have participated in and managed the construction, start-up, operations and regulatory compliance activities in every phase and form of nuclear applications. EXCEL's partnership with Coreworx Inc. has already led to the development of the Coreworx ITAAC solution, the first software to specifically address the workload of ITAAC deliverables from DCD to fuel load.

"We're proud to be a part of this strategic partnership that joins nuclear knowledge management with best-in-class industry tools for clients in the growing nuclear market space," says Donald Hoffman, President and CEO of EXCEL. "We have discovered a remarkable synergy with Coreworx and feel that these tools are a natural progression for EXCEL's client base, truly a win/win scenario."

About EXCEL Services Corporation

Founded in 1985, EXCEL Services Corporation provides regulatory, technical, licensing and engineering services to the nuclear industry, nuclear regulators and federal agencies in the United States and abroad. EXCEL's mission is to provide the highest quality professional services to their clients. EXCEL's focus is the resolution of technical, safety, and regulatory issues and to help their clients achieve the highest level of safety and performance in nuclear facility operations in the most cost effective manner. EXCEL's major areas of service include Regulatory and Licensing Services, Management and Consulting Services, Engineering and Technical Services, and Training and Operations Services for current nuclear fleets and new nuclear builds.

About Coreworx

Coreworx Inc. provides integrated project information and cost control solutions for large capital projects in the oil and gas, power and mining sectors. The Coreworx solution is a proven web-based enterprise application that enables engineering and construction contractors and owner/operators to automate best practices, mitigate business risks and improve performance to budget throughout the entire project lifecycle. Coreworx services a portfolio of more than 500 capital projects valued at over $500 billion in more than 50 countries, with nearly 70,000 users. Coreworx has offices in Houston, Baton Rouge, Calgary, Victoria (Australia), and Waterloo. For more information, visit www.coreworx.com. Coreworx Inc. is an Acorn Energy company.

Coreworx Contact:

Brett Shellhammer

+1 (519) 772-3190

[email protected]

EXCEL Contact:

Stephanie Stewart

(301) 948-4400

[email protected]

SOURCE Acorn Energy