Siemens and Datastream Systems Announce Global Alliance for Enterprise Asset Lifecycle Management

Apr 25, 2001, 01:00 ET from Datastream Systems, Inc.

    GREENVILLE, S.C., April 25 /PRNewswire Interactive News Release/ --
     Siemens Industrial Services and Datastream Systems, Inc. (Nasdaq:   DSTM)
 have signed a general agreement to form a global alliance for Enterprise Asset
 Management (EAM).  A provider of technical services, the division of the
 Siemens Industrial Solutions and Services Group (I&S) will license, implement
 and support Datastream's family of asset lifecycle management solutions and
 services.  This will make a comprehensive Web-based EAM system available to
 Siemens' customers.
     Based on this alliance, Siemens will offer Datastream's tools and
 applications to maximize the profitability of assets such as machines, spare
 parts and supplies throughout their lifecycle.  The Datastream Network offers
 Siemens' customers the whole spectrum of Enterprise Asset Lifecycle Management
 from buy and track through manage and sell.  As part of this agreement,
 Siemens will utilize Datastream's Web-hosted solution as a key driver in
 improving the delivery process of its own Business Based Maintenance projects.
 The Web-based Enterprise Asset Management system supports the management of
 several languages and currencies as well as of geographically distributed
 plants.  This provides a complete and easy-to-use solution, especially for
 global companies, for all locations and facilities.  From a single database,
 Siemens will be able to support collaboration across all of its EAM projects
 worldwide.
     "Datastream's relationship with Siemens gives our company a tremendous
 opportunity to extend our services to a large, global customer base," said
 Larry Blackwell, president and CEO of Datastream.  "This partnership with
 Siemens validates Datastream's EAM leadership position and, in general, the
 global importance of asset lifecycle management."
     "Enterprise asset management is a critical need of our customers.  Our
 alliance with Datastream provides Siemens the right solutions and services to
 meet it," said Gunter Menden, head of Siemens Industrial Services.
 "Datastream's Web-architected products enable the worldwide implementation of
 maintenance solutions and will allow us to expand our e-Business activities."
 
     About Siemens Industrial Solutions and Services
     The Siemens Industrial Solutions and Services Group (I&S) is a global
 supplier to plants in the process and manufacturing industries of customized
 industry-oriented, technical service and IT solutions covering the whole plant
 lifecycle - from planning and construction through operation and modernization
 to dismantling and recycling.  At some 300 locations worldwide, I&S employs a
 total of 29,000 people in the following divisions: Metals, Mining and Paper
 Technologies; Infrastructure and Marine Solutions; Oil & Gas and Petrochemical
 Technologies; Intelligent Traffic Systems; Industrial Services; and IT Plant
 Solutions.  In fiscal 2000 (to September 30), I&S achieved total sales
 estimated at EUR4.4 billion; earnings before interest and tax (EBIT) amounted
 to EUR167 million.
 
     Further information and download: http://www.is.siemens.de
 
     About Datastream Systems, Inc.
     Datastream Systems, Inc. (Nasdaq:   DSTM) provides asset lifecycle
 management software and services that help companies maximize the return on
 investment in capital assets.  Through the Datastream Network, Datastream
 customers are able to access products, services and alliances to automate the
 evaluation, purchase, tracking, management and disposal of capital assets.
 The Datastream Network includes the MPX family of enterprise asset management
 software and services and Datastream's iProcure(TM) Marketplace.
     Founded in 1986, Datastream has customers in 129 countries.  Datastream
 products and services are in use by 60 percent of the Fortune 500.
 
     For more information, please visit www.datastream.net.
 
     Datastream, MPXconnect and iProcure are marks of Datastream Systems, Inc.
 or its subsidiaries.  All other products or company names mentioned are used
 for identification purposes only and may be trademarks of their respective
 owners.
     This news release contains forward-looking statements which involve a
 number of risks and uncertainties that could cause actual results to differ
 materially from historical results or those anticipated.  Potential risks and
 uncertainties include, but are not limited to, those described in the
 Company's Annual Report on Form 10-K, filed with the Securities and Exchange
 Commission for the year ended December 31, 2000.  With respect to such
 forward-looking statements, Datastream seeks the protections afforded by the
 Private Securities Litigation Reform Act of 1995.
 
                               MAKE YOUR OPINION COUNT -  Click Here
               http://tbutton.prnewswire.com/prn/11690X50563695
 
 

SOURCE Datastream Systems, Inc.
    GREENVILLE, S.C., April 25 /PRNewswire Interactive News Release/ --
     Siemens Industrial Services and Datastream Systems, Inc. (Nasdaq:   DSTM)
 have signed a general agreement to form a global alliance for Enterprise Asset
 Management (EAM).  A provider of technical services, the division of the
 Siemens Industrial Solutions and Services Group (I&S) will license, implement
 and support Datastream's family of asset lifecycle management solutions and
 services.  This will make a comprehensive Web-based EAM system available to
 Siemens' customers.
     Based on this alliance, Siemens will offer Datastream's tools and
 applications to maximize the profitability of assets such as machines, spare
 parts and supplies throughout their lifecycle.  The Datastream Network offers
 Siemens' customers the whole spectrum of Enterprise Asset Lifecycle Management
 from buy and track through manage and sell.  As part of this agreement,
 Siemens will utilize Datastream's Web-hosted solution as a key driver in
 improving the delivery process of its own Business Based Maintenance projects.
 The Web-based Enterprise Asset Management system supports the management of
 several languages and currencies as well as of geographically distributed
 plants.  This provides a complete and easy-to-use solution, especially for
 global companies, for all locations and facilities.  From a single database,
 Siemens will be able to support collaboration across all of its EAM projects
 worldwide.
     "Datastream's relationship with Siemens gives our company a tremendous
 opportunity to extend our services to a large, global customer base," said
 Larry Blackwell, president and CEO of Datastream.  "This partnership with
 Siemens validates Datastream's EAM leadership position and, in general, the
 global importance of asset lifecycle management."
     "Enterprise asset management is a critical need of our customers.  Our
 alliance with Datastream provides Siemens the right solutions and services to
 meet it," said Gunter Menden, head of Siemens Industrial Services.
 "Datastream's Web-architected products enable the worldwide implementation of
 maintenance solutions and will allow us to expand our e-Business activities."
 
     About Siemens Industrial Solutions and Services
     The Siemens Industrial Solutions and Services Group (I&S) is a global
 supplier to plants in the process and manufacturing industries of customized
 industry-oriented, technical service and IT solutions covering the whole plant
 lifecycle - from planning and construction through operation and modernization
 to dismantling and recycling.  At some 300 locations worldwide, I&S employs a
 total of 29,000 people in the following divisions: Metals, Mining and Paper
 Technologies; Infrastructure and Marine Solutions; Oil & Gas and Petrochemical
 Technologies; Intelligent Traffic Systems; Industrial Services; and IT Plant
 Solutions.  In fiscal 2000 (to September 30), I&S achieved total sales
 estimated at EUR4.4 billion; earnings before interest and tax (EBIT) amounted
 to EUR167 million.
 
     Further information and download: http://www.is.siemens.de
 
     About Datastream Systems, Inc.
     Datastream Systems, Inc. (Nasdaq:   DSTM) provides asset lifecycle
 management software and services that help companies maximize the return on
 investment in capital assets.  Through the Datastream Network, Datastream
 customers are able to access products, services and alliances to automate the
 evaluation, purchase, tracking, management and disposal of capital assets.
 The Datastream Network includes the MPX family of enterprise asset management
 software and services and Datastream's iProcure(TM) Marketplace.
     Founded in 1986, Datastream has customers in 129 countries.  Datastream
 products and services are in use by 60 percent of the Fortune 500.
 
     For more information, please visit www.datastream.net.
 
     Datastream, MPXconnect and iProcure are marks of Datastream Systems, Inc.
 or its subsidiaries.  All other products or company names mentioned are used
 for identification purposes only and may be trademarks of their respective
 owners.
     This news release contains forward-looking statements which involve a
 number of risks and uncertainties that could cause actual results to differ
 materially from historical results or those anticipated.  Potential risks and
 uncertainties include, but are not limited to, those described in the
 Company's Annual Report on Form 10-K, filed with the Securities and Exchange
 Commission for the year ended December 31, 2000.  With respect to such
 forward-looking statements, Datastream seeks the protections afforded by the
 Private Securities Litigation Reform Act of 1995.
 
                               MAKE YOUR OPINION COUNT -  Click Here
               http://tbutton.prnewswire.com/prn/11690X50563695
 
 SOURCE  Datastream Systems, Inc.