SOURCE: VFA, Inc.

May 20, 2008 09:00 ET

City of Regina Adopts VFA Solutions to Support Proactive Management of Municipal Facilities

VFA Software and Assessment Services Will Support Optimal Allocation of Investments in Municipal Facilities

BURNABY, BC--(Marketwire - May 20, 2008) - VFA Canada Corp., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that the City of Regina is implementing VFA solutions to support the proactive management of municipal facilities. VFA will assess the condition of municipal buildings and provide software for managing building information, analyzing capital improvement needs and creating long- term capital budgets.

VFA assessment teams will work with the City of Regina to evaluate the current conditions and requirements of approximately 900,000 square feet of facilities including City Hall, fire stations, recreational and community centers. VFA.facility®, VFA's flagship facilities capital planning software, will serve as the central database of information about the condition of municipal facilities and building systems. The software will also assist the city in accurately estimating the cost of needed building maintenance and systems renewal, prioritizing various improvement projects based on city objectives, and creating multi-year capital plans for sustaining municipal properties and reducing deferred maintenance backlogs.

"The City of Regina has identified that strengthening our infrastructure and the effective management of our assets is one of four strategic priorities toward achieving a vibrant, attractive and sustainable community," said Brent Sjoberg, general manager of corporate services for the City of Regina. "VFA solutions will support the city in proactively managing and sustaining that infrastructure to ensure it meets the needs of our customers today and in the years to come."

"Cities across Canada are facing an infrastructure gap as their buildings age and municipalities grow," said Susan Anson, general manager of VFA Canada Corp. "Taking a strategic view of long-term capital needs is critical to a city's ability to maintain service levels and effectively manage maintenance and capital costs. Regina is taking just such an approach."

About VFA Canada Corp.

Headquartered in Burnaby, BC, VFA Canada Corp. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA solutions uniquely combine facility assessment services, Web-based software and business consulting services to enable customers to manage every stage of the capital asset lifecycle -- from requirements gathering and long-term planning to capital budget creation and spend management. More than 400 organizations in corporate, education, government and healthcare markets have relied on VFA solutions to strategically manage their capital assets. VFA's flagship software product, VFA.facility®, is currently used to manage more than 2 billion square feet of real estate. For more information, please call 888-685-3757 or visit http://www.vfa.com/index_canada.htm.

Contact Information

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    VFA, Inc.
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