SOURCE: VisionMonitor Software

VisionMonitor Software

October 26, 2009 13:08 ET

VisionMonitor Software Announces VM PLAN™ for GHG

New Cloud-Based Computing Solution Streamlines Process of Creating a GHG Inventory Management Plan That Meets EPA Guidelines

HOUSTON, TX--(Marketwire - October 26, 2009) - VisionMonitor Software, a leader and innovator in environmental performance solutions, is today announcing a new cloud-based computing solution designed to automate and streamline the process organizations use to complete their Greenhouse Gas (GHG) Inventory Management Plan and to position themselves optimally with the EPA's Mandatory Reporting Rule requirements. VisionMonitor's VM PLAN™ for GHG not only gives organizations the greatest level of preparation for complying with the latest EPA standards and rules, but also walks organizations step-by-step through the process of creating an electronic Inventory Management Plan in a way that can be utilized to maximize their overall environmental performance.

In September of 2009, The EPA issued its final mandatory reporting of greenhouse gases rule requiring that over 10,000 facilities will have to submit an annual report of total GHG emissions and an inventory management plan directly to the EPA. Under the rule, suppliers of fossil fuels or industrial greenhouse gases, manufacturers of vehicles and engines, and facilities that emit 25,000 metric tons or more per year of GHG emissions are required to submit reports. These new regulations and reporting requirements for GHG emissions will introduce new and greater levels of complexity that organizations must add to their already sizeable environmental management efforts in order to achieve compliance.

The best first step for being prepared to meet the new EPA GHG Reporting Rule requirements is to create a verifiable GHG Inventory Management Plan (IMP). VM PLAN™ for GHG is designed to simultaneously provide clarity into all of the information that must be delivered to satisfy the EPA's requirements for the IMP, but also to automate and streamline the process so that it makes it easier for organizations to achieve compliance with the new regulations and gain assurance that they will meet all of the information requirements established by the EPA.

"Industry needs solutions that help to not only make the process of GHG emissions compliance easier, but also provide tools that make sure organizations can get the most value and utility out of the information that is entered," said Torgeir Mantor, CEO of VisionMonitor Software. "Not only will VM PLAN™ for GHG make that possible, but its seamless integration with VisionMonitor's GHGWARE™ assures that companies will also be able to leverage that data to maximize their environmental performance and compliance into the future," continued Mantor.

VM PLAN™ for GHG is part of VisionMonitor's recently announced GHGWARE™, a web-based solution that provides the business process management necessary to create and manage a corporate GHG emission strategy. GHGWARE™ enables organizations to manage their GHG Emissions strategy by tracking, monitoring and predicting GHG emissions data and managing workflows associated with various protocols and reporting requirements across the enterprise. The software provides real-time, enterprise-wide data monitoring of companies' environmental operations and delivers optimized analysis to oil and gas, refining, utility, chemical, petrochemical, mining, semiconductor, aluminum, refrigerant, LCD manufacturers and other industries.

"VM PLAN™ for GHG is ideally suited to help organizations to prepare for electronic reporting under the GHG Mandatory reporting rule, and do so in a way that the information can easily be utilized for Real-Time Environmental Data Management, Risk Management and Performance Management," said Ron Huijsman, Principal at HUCO Consulting. Ron went on to say "Organizations will likely save time and effort in the process of reporting GHG emissions when using VM PLAN™ for GHG."

VM PLAN™ for GHG is being deployed as a Cloud-based Software as a Service (SaaS) solution or can be delivered as a standalone product at a customer site. VM PLAN™ for GHG is immediately available to all interested companies by request.

About VisionMonitor:

VisionMonitor Software (www.visionmonitor.com) is a leader in the real-time environmental performance and risk management space, a rapidly growing area within greenhouse gas (GHG) emissions and compliance management. VisionMonitor is also a recognized innovator in the field of environmental management information systems (EMIS), having developed the first EMIS to utilize .Net, offer a web portal presentation interface, and offer data management capabilities. Founded in 2001, VisionMonitor Software is privately held and based in Houston, TX.

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