Meridium Announces Partnership With APT to Deliver the World's Largest Asset Strategy...

Meridium Announces Partnership With APT to Deliver the World's Largest Asset
Strategy Library for Industrial Equipment

Meridium customers can now expedite their asset strategy development efforts
and deliver faster ROI by leveraging APT's Asset Strategy Library in
Meridium's ASM module.

ROANOKE, Va., March 24 /PRNewswire/ -- Meridium Inc., the global leader in
asset performance management (APM) software and consulting solutions, today
announced that it entered into a partnership with Asset Performance
Technologies, Inc. (APT) for the integration of APT's library of industry best
practices for equipment failure modes and preventative maintenance activities.
The APT content is currently in use in power generation, oil & gas processing,
and other major industries.

The APT Asset Strategy Library contains fully defined failure modes and
preventative maintenance plans for more than 200 equipment classifications,
which are utilized in a broad range of industries served by Meridium's Asset
Performance Management solutions. The APT Strategy Library also represents
more than 13,000 failure modes and 1,400 preventative maintenance activities
which have been developed and refined over the last 13 years through
structured engineering reviews and assessments by panels of maintenance
experts from multiple plants and equipment vendors.

According to David Worledge, CEO of APT, "Most traditional RCM methods for
preventative maintenance improvement start with a blank sheet of paper. They
simply aren't practical for large scale deployment in real production
environments. That's why we created the APT Asset Strategy Library. Now,
maintenance and reliability engineers can start with an expert-recommended
strategy that has a sound technical basis for the tasks and intervals."

In conjunction with Meridium's Asset Strategy Management (ASM) solution, the
APT Asset Strategy Library allows Meridium customers to quickly define an
optimized strategy by leveraging the failure mode and preventative maintenance
activity content within the library, applying it to the asset and making the
appropriate adjustments for operating context, organizational risk and cost
goals. The completed asset strategy can easily be transferred to corporate EAM
or CMMS systems, such as SAP, using Meridium's Asset Strategy Implementation
(ASI) module.

According to Joe Nichols, Meridium's Vice President of Product Strategy, "Our
customers are already realizing significant value by centrally defining and
optimizing asset strategies across their organizations. With the addition of
the APT Asset Strategy Library to the Meridium APM software, clients can now
accelerate the definition, standardization and implementation of best practice
asset strategies to optimize the performance and operational costs of their
assets while minimizing corporate risk."

APT will join Meridium for a power-focused conference, co-hosted with Xcel
Energy, on May 5 in Denver. For more information, visit
www.meridiumconference.com.

About Meridium
Meridium Inc. is the global leader in asset performance management solutions
for process, power, mining and discrete manufacturing industries. With
Meridium software and services, companies will accelerate profitability
through effective asset strategies, thus increasing asset reliability and
improving the performance of their production assets. Developing or improving
these asset strategies also has a direct, positive impact on operational
excellence by reducing financial, health and safety, and production risk;
optimizing maintenance costs; ensuring regulatory compliance and decreasing
the potential for undesirable incidents. Industry leaders such as Chevron,
LyondellBasell, Marathon Oil, Anglo Platinum, and Xcel Energy rely on Meridium
for enterprise wide asset performance. Meridium is headquartered in Roanoke,
VA, USA, with regional offices in Houston, TX, USA; Dubai, UAE; Walldorf,
Germany; and Perth, Australia. www.meridium.com

About Asset Performance Technologies
Asset Performance Technologies (APT) produces the revolutionary PRO-M solution
that combines a unique optimization module with the world's largest PM library
for industrial equipment to rapidly optimize any PM program. PRO-M sets the
standard for Economic Based Maintenance (EBM) by dynamically adjusting to
changing business conditions, plant requirements, and market economics. It
can be used as a standalone solution or to support corporate PM improvement
efforts. Learn more at www.assetperformanceinc.com.

SOURCE Meridium Inc.

Media, Jane Bailey of Meridium Inc., +1-540-344-9205 x1170.
jbailey@meridium.com