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Signs Agreement With Centennial Software; The Leading Inventory Management
Provider and Unveils New MAXIMO Asset Tracker

London, UK, August 6, 2003 – MRO Software, Inc. (Nasdaq: MROI), the leading provider of strategic asset management solutions, today announced an agreement with Centennial Software to significantly enhance the auto-discovery and tracking capabilities available in the MAXIMO MainControl® product suite.

As part of the agreement, MRO Software will offer Centennial’s inventory management solution, Centennial Discovery®, as an option in its MAXIMO MainControl IT asset management suite. The solution offered by MRO Software will be known as MAXIMO Asset Tracker and will help to provide an accurate, timely inventory of all IT assets along with an evaluation of software usage. MAXIMO Asset Tracker can assist in helping enterprises drive down IT costs, minimize compliance risks and facilitate planning and budgeting for IT assets.

The combination of leading auto-discovery and software usage from the Centennial Discovery technology and MAXIMO MainControl’s industry recognized asset repository functionality complements MRO Software’s existing capabilities in the IT asset management area. The product provides customers with detailed hardware and software inventory on networked, standalone and remote systems. In addition, MAXIMO Asset Tracker automatically discovers all network devices for a complete network inventory, identifies the physical location of the network devices on Ethernet networks, maintains an inventory history and provides software usage information.

“MAXIMO Asset Tracker builds on the IT asset management capabilities within the MAXIMO MainControl suite and expands our reach to include valuable corporate IT assets,” said Patricia Foye, executive vice president, global marketing and alliances, MRO Software. “By partnering with Centennial, we are able to expand our IT asset management capabilities to address a broader base of customers. In pairing with this recognized leader, we further our commitment to providing customers with a total solution for their Strategic Asset Management initiatives.”

“Understanding what hardware and software already resides in the network is the first step towards lifecycle asset management,” said Suzanne Sliter, general manager, Centennial Software. “Combining Centennial’s expertise in inventory management with MRO Software’s deep experience managing multiple asset classes creates a compelling solution for organizations looking to obtain an accurate view, and consolidate the management of, all strategic assets.”

MAXIMO Asset Tracker is available in conjunction with the MAXIMO MainControl repository or on a standalone basis. Discovery and tracking capabilities are the first step in implementing an effective IT Asset management solution. The combination of these two industry-leading technologies provides a more complete solution to the market.

About MRO Software, Inc.

MRO Software is the leading provider of strategic asset management solutions. The Company’s integrated suite of applications optimizes performance, improves productivity and service levels and enables asset-related sourcing and procurement across the entire spectrum of strategic assets.

The Company’s asset management solutions allow customers to manage the complete lifecycle of strategic assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using MRO Software’s solutions customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management and provisioning across the asset base.

MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 900 employees, 10,000 customers and more than 260,000 end-users. The Company markets its products through a direct sales organization in combination with a network of international distributors. MRO Software has sales offices throughout North America, Europe, Asia/Pacific and Latin America. Additional information on MRO Software can be found at http://www.mro.com.

About Centennial
Centennial is a leading supplier of technology inventory management solutions to major organizations around the world. Based in the UK, with offices in the US and Australia, Centennial has shipped more than 3 million licenses of its inventory products in more than 30 countries. The Centennial Discovery product line is the latest evolution in Centennial’s inventory product range. Additional information can be found at www.centennial.co.uk.

MAXIMO® and MAXIMO MainControl® are registered trademarks, and MRO Software™ is a trademark of MRO Software, Inc.
Centennial Discovery® is a registered trademark of Centennial UK Ltd.

Contact MRO Software, Robert Huntley, +44 1483 778608, robert.huntley@mro.com

This press release was distributed by ResponseSource Press Release Wire on behalf of MRO Software in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.