Ivara Corporation

Ivara Corporation

September 21, 2005 08:59 ET

Southern California Edison Embraces Ivara Reliability Solution

BURLINGTON, Ontario--(CCNMatthews - Sep 21, 2005) -

Ivara Corporation, an industry leader and innovator in asset reliability solutions, today announced that Southern California Edison (SCE) is utilizing Ivara's asset reliability solution to manage plant assets throughout the company's Hydro stations and at its new Combined Cycle Gas Turbine Plant in San Bernardino.

The Ivara solution moves the Power Production Division of SCE beyond traditional time-based maintenance by focusing on proactive asset health-based maintenance. It has enabled SCE to create asset reliability programs for plant equipment, which leverages condition data to do the right work at the right time. SCE's Power Production Division personnel played an active part during the solution evaluation.

"The goal of SCE's Power Production Division was to find a comprehensive reliability-focused asset management system that aligned with our reengineered maintenance planning and scheduling program," said Russ Krieger, SCE's, vice president of Power Production. "The Power Production Division selected Ivara as the right solution because of Ivara's in-depth evaluation and understanding of our requirements and because the Ivara solution is much more than a traditional maintenance system. It met all our needs for optimizing reliability."

Ivara's open architecture and adaptable configuration allows the solution to be quickly and easily installed and configured to match each client's unique business processes and needs. Ivara's user interface can be fully tailored to meet individual business unit needs within a corporate framework for asset management.

"Today the need for utilities to optimize asset reliability while balancing costs is greater than ever and Ivara is responding to this need with a solution that maximizes asset performance and plant productivity," commented Bill Shaw, president and CEO of Ivara Corporation. "We are excited that an industry leader such as SCE's Power Production Division has turned to Ivara to improve asset reliability and bring them to the next level of maintenance effectiveness."

About Southern California Edison

An Edison International company, Southern California Edison is one of the nation's largest electric utilities, serving a population of more than 13 million via 4.6 million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California. Information about SCE can be found at www.edison.com.

About Ivara

A leader in asset reliability solutions, Ivara helps capital intensive companies improve operational performance by better managing the reliability of their plant assets. Ivara's unique methodology implements reliability one asset at a time, resulting in a high financial impact that is quickly realized. By putting a proactive asset reliability process in place and focusing on changing people's behavior and activities, Ivara helps transition organizations to proactively managing asset health. For more information about Ivara, visit www.ivara.com.

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