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Impress Software Signs Major Oil and Gas Industry Customer to $1.2m Deal for Project

May 9, 2005

Waltham, Ma. - Impress Software, the packaged integration applications company for SAP EAM and PLM customers, today announced a deal with one of the world's top oil and gas companies, which selected Project I.App to integrate enterprise project data into mySAP Enterprise Asset Management (EAM) applications.  Total revenues for this first phase of global implementation exceed $1.2M, with several joint ventures and affiliates in the pipeline for further roll-outs in the second half of 2005.

"Companies today must have accurate, credible and actionable information to make global decisions about the usage of their assets that positively impact revenues and improve the bottom line," said Warren Utt, president and CEO of Impress Software.  "Our Project I.App solution ensures seamless visibility of project schedule, resource and asset status for companies reliant on SAP.  This visibility is a critical component for any company moving towards enterprise project and asset management, as evident by the rapid adoption of Project I.App by global leaders in the oil and gas industry, among other industries where projects are directly linked to performance."

With this latest selection, four out of the world's six largest oil and gas producers, and six out of the top fifteen companies, have now standardized on Impress Project I.App.  Impress Software?s additional oil and gas customers include: Total (formerly TotalFinaElf), a leading multinational energy company; Valero Energy Corporation, a Fortune 500 company; and Caltex, a wholly-owned subsidiary of ChevronTexaco, a leader in the global integrated energy business and active in more than 180 countries, as well as suppliers and contractors such as Cameron Cooper and Halliburton.

The new oil and gas customer will use Impress Project I.App as part of its SAP Blueprint providing a global process for turnaround management and routine maintenance in refineries and chemical plants across the globe.  Project I.App helps establish, manage and monitor fast and reliable synchronization of project data between SAP systems and scheduling systems such as Primavera and Microsoft Project.  Project I.App will enable a seamless process of Enterprise Project Management combining the strength of mySAP ERP Plant Maintenance module with the Primavera scheduling and reporting capabilities.

To empower customers to make more effective project management decisions, Project I.App helps customer generate:

  • Credible Information: Delivering information on time enables all parties to trust the output both operationally and financially, in either systems
  • Accurate Information: Keeping mishaps under control in both financial and operational systems prevent reliability, regulatory, and other compliance issues that can easily result in hundreds of thousands of dollars in manual work, penalty fines and re-work
  • Actionable Information: Receiving information in the proper format in a timely manner can enable companies to make smart business decisions and intelligent change management that help projects meet their expectations within budget and on-time

About Project I.AppProject I.App is a pre-packaged, out-of-the-box integration application that links SAP with major project scheduling and management products, such as Primavera and Microsoft Project.  Project I.App was jointly developed with, and is certified by SAP. Support for the solution is obtained through SAP OSS.  The product integrates the business processes of project planning and ERP that would otherwise run independently of each other.  Ensuring project data is consistent across all systems at all times, Project I.App eliminates the need for duplicate data entry and the risk of mismatched schedules and resources.  Accessible via a standard web interface, Project I.App includes a set-up wizard that is easy to use and administer and requires no programming knowledge. About Impress SoftwareImpress Software is a leading provider of packaged integration applications (I.Apps') that enable quick and cost-effective integration of project management and geographical information systems to SAP resulting in streamlined business processes across multiple enterprise systems. Impress I.Apps allow integration to be completed at a fraction of the time and cost compared to traditional EAI development platforms. Impress Software customers include global leaders such as Bayer, DuPont, Halliburton, Nebraska Public Power District, New Brunswick Power, British Petroleum, Ontario Power Generation, Valero, Total, and many others. 




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