2008-11-11 18:11:02 -

www.ivara.com - Ivara Corporation Anna Da Costa, (905) 632-8000 ext. 246 Senior Marketing Communications Specialist anna.dacosta@ivara.com Ivara Corporation, the industry leader and innovator in asset performance management solutions, today announced a reseller partnership with KB Energoavtomatika (CBE). Under the agreement, CBE will focus its efforts to resell and provide implementation services for Ivara(R) EXP Enterprise asset performance management software to companies in the Russian and CIS energy market. The agreement supports Ivara's strategy to expand the company's global reach and delivery capabilities into the Russian power industry.

CBE is also a member of The Aladon Network - Ivara's global network of reliability experts. As a Network member, the company is certified to deliver training and consulting services for Ivara(R)

Asset Risk Prioritization, as well as Ivara RCM2(TM) and Ivara(R) Maintenance Task Analysis -- two advanced methodologies offering team-based approaches to develop technically-based plant-wide equipment reliability programs.

EXP Enterprise provides a cohesive and integrated platform to develop, implement and manage a living equipment reliability program. EXP, supported by advanced reliability practices, enables companies to implement Ivara's renowned proactive asset reliability process. The process is developed and sustained with the Ivara WorkSmart(R) delivery methodology, which builds and implements asset reliability programs one asset at a time.

"There is a growing desire among Russian utilities to adopt a reliability-focused approach to asset care," says Nikolay L. Sultanov, General Manager, CBE. "With software founded on RCM principals and a track record of excellence in the utility industry, Ivara is the only vendor with the proven solution and credibility to support our customers' growing need to execute and sustain a reliability strategy. We are pleased to join forces with Ivara and bring EXP to our valued customers."

"With strong relationships in the Russian power generation industry and extensive software and engineering expertise, CBE is uniquely positioned to expand the market for EXP in Russia," says Roger Zanatta, Vice President, Business Partners, Ivara Corporation. "We are proud to partner with CBE and help their customers take asset performance to the next level."

About Ivara:

Ivara is the leader in asset performance management software, Ivara(R) EXP Enterprise, and services including Ivara RCM2(TM), the leading reliability strategy development methodology. RCM2 is delivered exclusively by The Aladon Network, Ivara's global network of reliability experts. Ivara EXP prevents industrial equipment failure, increases production and lowers costs for better business performance. EXP transforms data into real-time intelligence and helps plant and operations management make fast and accurate business decisions. Customers worldwide, representing a cross section of asset intensive industries, realize the benefits of EXP every day. For more information, visit www.ivara.com.

About CBE

KB Energoavtomatika is the leader in software development and asset management services. Since 1976 the company has been providing software solutions in Russian Energy and Utilities Market. The key business areas are design and implementation CMMS and condition-based management systems for utilities companies; software data warehouses services; complex equipment 3D models design. For more than thirty years the company has gained huge experience in software development and implementation for Energy and Utilities companies. Our daily efforts are directed to our customers' business support and success achievement.

KB Energoavtomatika (CBE) to Resell Ivara EXP Enterprise to
Russian Energy Market