Datastream Announces That More Than 160 Companies Have Upgraded to The Datastream 7i Asset Performance Management Solution

With Datastream 7i live at 342 sites, Datastream leads the industry in registered upgrades for the Web-architected Asset Management market
 
Greenville, S.C. – October 30, 2003 – Datastream Systems, Inc. (NASDAQ: DSTM) today announced that more than 160 companies worldwide have upgraded from the company’s legacy products to its Datastream 7i™ Asset Performance Management solution.

A sampling of the companies that have upgraded to Datastream 7i are: American Airlines, Atlanta Gas Light, ChevronTexaco, Clemson University, Coast Mountain Bus Company, DaTang Power, Dow Jones & Company, FMC Airport Services, GlaxoSmithKline, Honeywell Aerospace Solutions, Maritz Inc., Menasha Packaging Company, Nucor Steel, Premier Manufacturing Support Services, Saint-Gobain, Smurfit-Stone Container Corporation, Sodiaal Yoplait, Tetra Pak, and TXI Chaparral Steel.

 “When we launched Datastream 7i, we understood that our customers would want an upgrade path, so we surrounded the product with expert professional services that would manage the upgrade process through every phase, from initial data conversion to ultimate ‘go live,” said Larry Blackwell, president and CEO of Datastream Systems, Inc. “Our ability to provide this clear and effective upgrade path is why we have more customers today enjoying the benefits of Web-architected asset performance management than any of our major competitors.”  Blackwell noted that Datastream currently has 342 live sites worldwide using Datastream 7i.

“The turn-key upgrade to Datastream 7i had our systems up and running in 10 days,” said Bill Wright, administrative supervisor in facility services at Maritz Inc.  “The knowledge and experience of Datastream’s professional services team made the transfer of data a seamless process with immediate results.  The fact that we could gain access to robust functionality and reporting capabilities with such ease made the decision to upgrade an obvious one.” 

The Datastream professional services team delivers a rapid, cost-effective upgrade to Datastream 7i and has successfully executed over 160 upgrades across a broad range of industries. Additionally, Datastream offers maximum deployment flexibility through its hosting services, enabling customers to deploy Datastream 7i either in-house or in Datastream’s hosting facilities.

“We chose the hosted deployment model, which adds even more value to our Datastream 7i upgrade because we no longer have to assume the costs and manpower associated with maintaining an application in-house,” said Wright. 

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.