Maricor Technologies, Inc.
AMEX : MAM

Maricor Technologies, Inc.

April 04, 2006 08:50 ET

Sustainable Facility Governance Technology Solution Released by Maricor Technologies, Inc.

PORTLAND, ME--(CCNMatthews - April 3, 2006) - Maricor Technologies, Inc. (MTI), a subsidiary of Maine & Maritimes Corporation (AMEX: MAM), today announced the release of its iPlan™ Enterprise.NET Edition Version 2.1 for Sustainable Facility Governance. "Managing the sustainability of facility assets in an eco-efficient and transparent manner is becoming increasingly important to public and private organizations around the world. As organizations focus on improving their triple bottom line, there has been a significant void in information-based tools to assist in facility governance; solutions that improve the governance of economic, energy, environmental, and social performance of facility assets. We are pleased to announce the release of our next generation iPlan™ technology, adding new facility governance functionalities to meet the needs of our clients and their stakeholders," stated Tom Yoder, Chief Operating Officer of MTI.

Sustainable Facility Governance is emerging as a core business goal of leading organizations, both public and private. More and more, today's global community is recognizing that successful management of facility asset portfolios requires processes and systems which support sustainability through the optimization of capital expenditures, improved lifecycle and maintenance decisions, enhanced energy efficiency and management, reduced emissions, and improved facility security with the capacity to provide timely stakeholder-responsive performance reporting.

iPlan™ serves the facility capital planning, performance management, and stakeholder reporting needs for organizations of all sizes. Built to integrate with enterprise systems, including financial management, performance management, and asset and energy management, iPlan™ provides a business-centric view of the technically-driven portfolio management and capital planning processes. The technology is configurable for specific capital planning and performance management processes, including customized building assessments that support sustainable governance of facilities. Business process improvements includes:



-- Lifecycle capital planning and forecasting;
-- Capital funds management;
-- Capital performance management;
-- Stakeholder reporting;
-- Energy efficiency and emissions analysis;
-- Energy assessments and capital planning;
-- Security assessments and capital planning; and
-- Condition assessments and capital planning.


MTI provides business and sustainability consulting services to support enterprise-wide implementations of its technology solutions. MTI works with process owners to understand their facility portfolio management, capital planning, performance management, and stakeholder reporting requirements and objectives. We assist process implementers in improving, documenting, and implementing enterprise-wide training according to their processes to achieve their organizational objectives. MTI configures and customizes its iPlan Enterprise.NET application to meet the specific process requirements for its clients' organizations. We perform data migration and systems integration tasks, as required, to fully support a successful implementation.

Maricor Technologies, Inc. develops information and software products for sustainable governance of facilities and buildings. By combining leading strategic management methods with proven engineering and economic models, MTI's products deliver the information organizations need to manage facility asset portfolios; optimize capital, maintenance, and energy budgets; reduce emissions; improve security; and ensure comprehensive and transparent reporting on facility asset performance to all stakeholders. Through our solutions, we optimize energy and asset investments according to sustainable principles. For more information about Maricor Technologies, please visit our website at www.maricortech.com.

Maine & Maritimes Corporation is the parent company of Maricor Technologies, Inc., a sustainable facility governance information technology based subsidiary; The Maricor Group, Canada Ltd and its U.S. subsidiary, The Maricor Group New England, Inc., both engineering, energy efficiency, asset development and facility lifecycle asset management services companies; and Maricor Properties Ltd, a Canadian real estate development and investment company, and its Canadian subsidiaries, Mecel Properties Ltd and Cornwallis Court Developments Ltd; and Maine Public Service Company, a regulated electric transmission and distribution utility. MAM is headquartered in Presque Isle, Maine, and its subsidiaries maintain offices in Moncton and Saint John, New Brunswick, Canada; Halifax, Nova Scotia, Canada; Boston, Massachusetts, and Portland, Maine. MAM's corporate website is www.maineandmaritimes.com

Cautionary Statement Regarding Forward-Looking Information

NOTE: This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Although Maine & Maritimes Corporation ("MAM") believes that in making such statements, its expectations are based on reasonable assumptions, any such statement involves uncertainties and risks. MAM cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided, including, without limitation, potential changes in applicable laws and regulations, potential changes in Management, MAM's ability to raise necessary financing, and MAM's ability to execute its business plans in a timely and efficient manner.

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