AssetWorks Inc.

AssetWorks Inc.

March 22, 2010 10:00 ET

AiM™ by AssetWorks Answers the COBie2 Challenge

SAN ANTONIO, TEXAS--(Marketwire - March 22, 2010) - AssetWorks today announced that its Enterprise Asset Management solution, AiM, has answered the COBie2 Challenge and is now recognized as "COBIE-compliant."

The COBie2 Challenge tests for compatibility with the Construction Operations Building Information Exchange (COBIE) data format. COBIE, a facilities management communications protocol, is being promoted by the National Institute for Building Sciences (NIBS) and buildingSMART alliance. The challenge demonstrates how enterprise asset management, computerized maintenance management systems, computer aided facility management and computer aided design and drafting programs handle facility data in a real-world, real-time environment.

"Being able to demonstrate AiM's compliance with COBIE enables our customers to use AssetWorks products with confidence," stated Ken Slaughter, Senior Vice President of AssetWorks. "Our clients receive the highest quality solutions that also enable them to save money by strengthening communications and solving the all-too-common problem of fragmented documentation throughout project management."

About AssetWorks

AssetWorks is a leading provider of software solutions for infrastructure-intensive organizations in education, government, utilities, communications, and transportation. The AssetWorks suite of Enterprise Asset Management (EAM) software solutions maintain, track, analyze and reduce the cost of maintaining physical assets, including facilities, fleet, fuel, and fixed assets. This asset focus means finding ways to help organizations control costs and uncover new sources of cost savings. AssetWorks is part of the Constellation Software Inc. group of companies which trades on the TSX under the symbol CSU. As a publicly traded corporation, we are subject to valuation by the stock market based on the quality of our work and our resulting financial status. These factors reinforce what has always been our corporate focus – putting quality first to ensure that profitability and growth will follow.

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