Revere, Inc. and Northcore Technologies Inc. Announce Partnership to Deliver Complete Capital Asset Management Solution
Birmingham, AL, September 7, 2010 --
Revere, Inc., a leading provider of enterprise asset management (EAM), computerized maintenance management system (CMMS), and shutdown and turnaround project management software solutions, and Northcore Technologies Inc. (TSX: NTI; OTCBB: NTLNF), a global provider of asset management technology solutions, today announced a new partnership. The relationship will provide a complete capital asset management and purchasing solution for manufacturing organizations.
Revere's IMMPOWER EAM/CMMS solution helps organizations optimize maintenance resources, minimize maintenance costs, improve asset reliability, manage preventive maintenance activities, and improve inventory and purchasing operations. Northcore's Working Capital Engine™ enables organizations with large investments in assets and heavy reliance on critical equipment to improve operational performance and increase efficiencies.
"Revere is excited about this new partnership with Northcore Technologies," said Cassondra DeJarnette, Revere's Director of Operations. "We see Northcore's product set as an extension of IMMPOWER's current asset management and purchasing capabilities. These applications will allow us to offer more complete enterprise solutions to our clients."
"We view the partnership with Revere as an exciting opportunity to introduce our product set to a new group of potential clients. Our tool set is complementary to Revere's impressive Plant Management platform and the combination should provide customers with significant synergistic benefits. We look forward to working with the team at Revere," stated Duncan Copeland, CEO Northcore Technologies.
About Revere, Inc.
Established in 1981, Revere delivers software-based Enterprise Asset Management (EAM), Computerized Maintenance Management System (CMMS), and Shutdown/Turnaround Planning solutions and complementary products worldwide to companies where asset management is mission-critical and their capital assets are essential to generating revenue. Revere designs its solutions specifically for the needs of process industries such as upstream and downstream petroleum, power generation, chemical process, pulp and paper, mining, metals, manufacturing, and transportation.
Revere, Inc. is headquartered in Birmingham, Alabama. For more information about Revere, please visit www.revereinc.com or call 205.795.3681.
About Northcore Technologies Inc.
Northcore Technologies provides a Working Capital Engine™ that helps organizations source, manage, appraise, and sell their capital equipment. Northcore offers its software solutions and support services to a growing number of customers in a variety of sectors including financial services, manufacturing, oil and gas and government.
Northcore owns 50 percent of GE Asset Manager, LLC, a joint business venture with GE. Together, the companies work with leading organizations around the world to help them liberate more capital value from their assets.
