> Press Releases
Apollo Gold Deploys Datastream 7i Across Gold Mines and Corporate HeadquartersGold Mining Company Using Datastream 7i to Manage Assets and Improve Operational Efficiency at Multiple U.S. Sites   GREENVILLE, S.C. - February 11, 2003 — Datastream Systems, Inc. (NASDAQ: DSTM) today announced that Apollo Gold Corporation is deploying the Datastream 7i Web-architected enterprise asset management (EAM) solution to manage its fleet and equipment across three locations.

Apollo Gold is a mining company that produces approximately 200,000 ounces of gold each year. The company is deploying Datastream 7i at the Montana Tunnels mining operation in Montana, the Florida Canyon Gold Mines in Nevada and at its executive offices in Denver, Colo., as part of an initiative to automate its maintenance processes, reduce equipment downtime and improve the productivity of its mining operations.

Apollo Gold is a 24-hour-a-day operation and the company relies on a wide range of assets. These include mobile mine fleets - such as trucks, excavators, dozers and graders - and technical process equipment, including grinding equipment and gold-extracting plant equipment. To optimize revenue, the company's equipment must operate at peak efficiency at all hours. Apollo Gold is using Datastream 7i to achieve maximum efficiency by scheduling preventive maintenance to prevent equipment breakdowns and by scheduling downtime so it does not disrupt operations. Apollo Gold will also use the system to automate the work order process, track warranties and process warranty claims.

"We need to operate 24 hours a day, so any unscheduled equipment downtime directly impacts our ability to mine gold, resulting in lost revenue," said Llee Chapman, chief financial officer of Apollo Gold. "We are using Datastream 7i to manage the maintenance process, resulting in more efficient operations. We also plan to save money by being able to track warranties more efficiently."

Apollo Gold uses Web architecture of Datastream 7i to manage its mines at multiple locations under a single EAM application. This capability supports the company's goal to standardize maintenance operations across sites, creating a more efficient enterprise.

"Datastream is now working with mining companies from Colorado to China, and Apollo Gold is a classic example of how these companies can use Datastream 7i to streamline their maintenance processes," said Larry Blackwell, chief executive officer of Datastream. "These companies are heavily asset-intensive, which means that equipment uptime is critical to their overall productivity. Mining companies can use Datastream 7i to optimize uptime for both fixed and mobile assets, which can deliver bottom line results from both increased productivity and reduced operating expenses."

About Datastream Systems, Inc.
Datastream Systems, Inc. (NASDAQ: DSTM) provides enterprise asset management (EAM) software, automated procurement and supporting services to organizations worldwide, including more than 60 percent of the Fortune 500. Customers rely on Datastream's products and services to drive down operating costs and improve productivity through better management of capital assets. Datastream's flagship product, Datastream 7i, was the first product in its class to combine an Internet architecture with broad EAM functionality. Datastream 7i integrates with the company's iProcure industrial procurement network to provide customers with a complete EAM solution that maximizes return on investment in capital assets, while minimizing the total cost of application ownership. Datastream was founded in 1986 and has customers in more than 140 countries. For more information, please visit www.datastream.net.


Site Map                © Copyright  2008. Infor. All rights reserved                          Toll Free: 1-800-397-6413