SOURCE: Signum Group, LLC

August 03, 2005 13:32 ET

Signum Group, LLC and Ventureforth, Inc. Announce Alliance for Next Generation Mobile Solution for the EAM/CMMS Market

ATLANTA, GA -- (MARKET WIRE) -- August 3, 2005 -- Signum Group, L.L.C., an Atlanta, Georgia-based preferred provider of services for EAM/CMMS solutions, announced today the formation of a strategic alliance with Georgia-based Ventureforth, Inc. to bring to market a next generation secure mobile solution for Oracle eAM customers. Together, Signum Group and Ventureforth provide a total disconnected mobile solution by combining Signum Group's Oracle eAM consulting expertise with Ventureforth's leading mobile application software -- Mi2K.

Signum Group brings to this partnership a cohesive group of experienced maintenance professionals fully capable of implementing, integrating and training for Mi2K in customer environments. Ventureforth's Mi2K mobile product provides a cost effective, modular and configurable solution for maintenance organizations seeking to improve productivity and decrease downtime. Together, the Signum/Ventureforth partnership can deliver effective solutions in as little as 60-90 days.

Mi2K is built on an open architecture designed for enterprise scalability, security and flexibility. The software supports a variety of mobile devices and wireless networks. Mi2K's Mobile Work module automates the work order operations eliminating paperwork, reducing manual data entry, and lowering the costs of work management operations. The Mi2K's Mobile Stores module automates the storeroom operation eliminating paperwork, reducing manual data entry, and lowering the costs of stores operations.

According to Susan Hrib, Signum Group Founder and CEO, "The question I get most often is, 'How can I make my EAM/CMMS truly disconnected, real-time, affordable and secure?' Answers to this question can be found in enterprise mobility. Many corporations are falling short of realizing the maximum ROI on their EAM/CMMS investments because they have not yet incorporated the mobile component. Similarly, many government teams are missing opportunities for improved performance and efficiency. Signum's alliance with Ventureforth offers a much needed solution for these gaps."

"Mobility applications such as Mi2K provide the fastest return on assets for organizations seeking to improve performance, ensure regulatory compliance, cut cost and stay ahead of the competition," said Jim Bartels, Mobile Sales Manager at Ventureforth. "Ventureforth's industry-leading mobile workforce management solution coupled with Signum Group's significant industry experience, domain knowledge and extensive systems integration capabilities will strengthen Ventureforth's ability to provide enterprise-wide solutions to the marketplace and ensure successful implementations."

About Signum Group, LLC

Signum Group, LLC. (www.signumgroup.com), based in Atlanta, GA, is a leading provider of consulting and systems integration services for the EAM/CMMS market. The Company's experience with integrated suites of applications optimizes performance, improves productivity and service levels and enables asset-related sourcing and procurement across the entire spectrum of enterprise assets.

Signum's asset management and best practice solutions allow customers to manage the complete lifecycle of assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using EAM/CMMS solutions from Signum, customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management and provisioning across the asset base. Signum markets its products and services through a direct sales organization in combination with a network of domestic and international distributors.

About Ventureforth, LLC

Ventureforth provides products and services to the global business community and is dedicated to providing world-class products, together with related consulting, education and support services for industry leading solutions.

Ventureforth develops and markets Mobile i2K, a complete mobility solution for work management and supply chain applications, Integrator 2000 (i2K), a EAI tool for integrating the world's leading applications, accuVista, the first 100% web based solution for large organizations using Key Performance Indicators, Operational reports and Data Validation reports and TimeTracker, an enterprise labor management solution. With offices in North America and the United Kingdom, Ventureforth customers include Alcoa, Nextel, GE, Dayton Power & Light and ProcureNet. For more information about Ventureforth, visit their website at http://www.ventureforth.com.

Trademark

Signum is a registered trademark of Signum Group, LLC. Ventureforth is a registered trademark Ventureforth, Inc. Other names may be trademarks of their respective owners.

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