SOURCE: VFA, Inc.

March 12, 2007 09:00 ET

VFA Announces New Release of VFA.facility Capital Planning Software

Version 7.5 Introduces Multi-Language Support and Delivers Joint Commission Reporting for Healthcare Organizations

BOSTON, MA -- (MARKET WIRE) -- March 12, 2007 -- VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced the release of version 7.5 of its flagship software product, VFA.facility®. Key features in this release include French and German language support, an updated AssetFusion® adapter for Computerized Maintenance Management Systems (CMMS), and a new module for Joint Commission reporting. Separately, VFA also announced the availability of a new Joint Commission Service, which collects information about healthcare facilities for reports required by the Joint Commission (formerly known as JCAHO), the main standards-setting and accrediting body for U.S. healthcare organizations. (Note to Editors: Please see separate press release.)

"Hundreds of organizations, from large commercial enterprises to government agencies, already use VFA.facility for the ongoing planning and management of their facilities," said Jerry Kokos, President and CEO of VFA, Inc. "The latest product release significantly expands the reach of the software by addressing French and German-speaking markets, as well as the needs of the 15,000 healthcare organizations in the U.S. accredited by the Joint Commission."

French and German language versions of VFA.facility 7.5 are automatically enabled based on the user's Web browser settings. The new language versions will support VFA customers in Europe as the company continues to expand its markets outside North America. In addition, the French language version will be marketed in the Canadian province of Quebec.

"We are pleased to offer French-speaking organizations with the sophisticated capital planning and management capabilities that VFA.facility provides," said Bernard Gaudreault, President and General Manager of RCAA-Planifika, a division of Québec-based architectural firm Régis Côté et associés, architectes. VFA and RCAA-Planifika have partnered to offer Canadian organizations a comprehensive Capital Planning and Management Solution that integrates facility assessment services, capital management software and related business consulting services.

An optional Joint Commission software module in VFA.facility 7.5 is designed to support healthcare customers in the process of documenting and evaluating information about facility conditions and producing related reports required for Joint Commission accreditation. The module includes updated forms for Part 2 (Basic Building Information) and Part 4 (Plan for Improvement) of the Statement of Conditions, which all Joint Commission-accredited organizations are required to complete.

In conjunction with the current release of VFA.facility, VFA is also releasing updates to its AssetFusion connector product, which enables the exchange of project data with Computerized Maintenance Management Systems (CMMS). AssetFusion for Maximo® 6 enables data exchange with the leading asset and service management software solutions from MRO Software, an IBM company. AssetFusion for CMMS provides a toolkit that supports integration of VFA.facility with other CMMS products as well.

About VFA

Headquartered in Boston, VFA, Inc. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA's Capital Planning and Management Solution (CPMS™) uniquely combines 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. VFA has helped more than 350 organizations in corporate, education, government and healthcare markets to strategically manage more than two billion square feet of real estate. For more information, please call 800-693-3132 or visit http://www.vfa.com.

VFA.facility and AssetFusion are a registered trademark of VFA, Inc. Maximo is a registered trademark of MRO Software, an IBM company. All other trademarks or service marks, marked and unmarked, are the property of their respective owners.

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