Start Magazine Names Datastream Systems, Inc. One of the Hottest Companies of 2003

Datastream Named to Prestigious List of Hottest Companies in the Manufacturing Sector

Greenville, S.C. — July 8, 2003 — Datastream Systems, Inc. (Nasdaq: DSTM) today announced that Start magazine has named Datastream as one of the “Hottest Companies of 2003.” Start, one of the nation’s most prestigious magazines serving the manufacturing sector, named Datastream in the category of enterprise asset management as one of 2003’s hottest companies.

“The editors believe Datastream is consistently changing the manufacturing landscape with the highest level of technological innovation, the broadest array of products and services, and a continued commitment to placing the customer first and foremost,” said Peggy Smedley, editorial director of Start. “We are truly proud to recognize Datastream as one of only a small number of companies who have persevered and prospered this past year.” 

Datastream earned the award based on the success of its asset performance management solution, Datastream 7iTM. In the past year, Datastream 7i has posted dozens of competitive wins with marquee customers while pioneering the asset performance management category with its new asset analytics module. This capability enables customers to analyze performance trends and anomalies, forecast performance, model “what if” scenarios and take directed action to optimize asset performance.

“The Start magazine Hottest Companies of 2003 award provides further validation of our asset performance management strategy and our ability to execute in the field,” said Larry Blackwell, president and CEO of Datastream Systems, Inc. “This award, combined with Gartner’s naming of Datastream to its Leaders Quadrant in the Best of Breed category, shows that the industry is recognizing Datastream’s solid financial performance, customer deployment success and innovative technology solutions.”

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, web services 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.