ATLANTA, January 10, 2005 - Indus International Inc. (NASDAQ: IINT), a leading provider of Service Delivery Management (SDM)(tm) solutions, today announced the introduction and delivery of Indus Asset Suite(tm), a new asset management software solution featuring a highly tailorable user interface based on a Services-Oriented Architecture. The new solution is available and shipping to customers now.The Indus Asset Suite incorporates key capabilities of both Indus PassPort(tm) and Indus InSite(tm), consolidating nearly 30 years of asset management software development expertise into a single solution. Indus Asset Suite combines its industry-leading feature set with an advanced architecture and a new user interface offering a self-evident design for ease of use and tailorability to fit a variety of business practices. Furthermore, the solution's wide array of predefined integrations to Indus and third-party applications allows companies' entire workforces to deliver improved efficiencies and better, faster business decisions throughout the enterprise. "The enhanced Indus Asset Suite reaffirms our commitment to, and leadership in, asset management in core markets such as utilities and manufacturing," said Indus President and CEO Greg Dukat. "Furthermore, it delivers a key component of our Service Delivery Management vision which is enabling companies in telecommunications, high-tech, managed services and other high-growth markets to improve workforce efficiencies, drive top-line revenue growth and enhance profitability by reinventing their service offerings." Indus Foundation Architecture Delivers Application Agility The Indus Asset Suite solution is based on the Indus Foundation Architecture(tm), a new convergent technology strategy that provides common tools across all Indus suites to deliver a common interface and software platform. Developed using a Service-Orientated Architecture, the Indus Foundation Architecture provides enhanced configurability and agility to meet rapidly evolving business needs. In addition, it offers a low total cost of ownership for Indus Service Delivery Management solutions by enabling organizations to harness best-of-breed, process-oriented business applications for asset, customer and service management with minimum effort and expense for integration and training. Indus Asset Suite delivers a personal user interface that includes role and rule-based content and workflow-based navigation and is configurable for the individual user. Design techniques for the Indus Asset Suite user interface incorporate human factors and industry best practices for an intuitive, visually compelling environment. Productivity and usability aids to improve the user experience include hover tips, pop-ups, wizards and drop-down lists. In addition, simplified workflows that optimize the workflow of routine tasks eliminate the need for the user to have detailed Indus Asset Suite knowledge. Early Adopter Program Facilitates Innovative Design Indus leveraged input from many of its most innovative clients via an early adopter program to develop the new user interface for the Indus Asset Suite. The program attracted clients from multiple industries including Basin Electric, British Energy, Duke Power, Energy NorthWest, Exelon, Kuwait Oil Company, Ontario Power Generation, Progress Energy, Smurfit Stone Container Corporation and Xcel Energy. "We are extremely pleased with the features of the new interface and excited about participating with a group of industry-leading organizations to contribute to its design," said Keith Cooke, Manager - Asset Suite Project at Progress Energy, a participant in the program. "The intuitiveness of the design and the ability to tailor the interface to each user's specific work requirements are important features. We feel this new interface will enable organizations such as ours to push the new Indus Asset Suite to additional users across the enterprise -- further improving our productivity and efficiency and positively impacting our bottom line." Connor Gray, Indus vice president of product strategy, added, "Our product strategy is not only to make our software easier to use; it is to design software that makes users more productive and efficient, resulting in the transformational business change that is the hallmark of Indus solutions. We are thrilled with the level of enthusiasm for this initiative. Client input combined with extensive usability engineering, design and testing has resulted in a powerful yet intuitive design capable of supporting both power users and casual users to make their work easier and more productive." About Indus International Indus is a leading provider of Service Delivery Management (SDM) solutions, which help clients in a broad array of industries optimize the management of their customers, workforce, spare parts inventory, tools and documentation in order to maximize performance and customer satisfaction while achieving significant cost savings. Indus customer, asset and workforce management software products, professional services and hosted service offerings improve our clients' profitability by reducing costs, increasing capacity and competitiveness, improving service to their customers, facilitating billing for services and ensuring regulatory compliance. Indus solutions have been purchased by more than 400 companies in more than 40 countries, representing diverse industries -- including manufacturing, utilities, telecommunications, government, education, transportation, facilities and property management, consumer packaged goods and more. For more information, visit our Website at www.indus.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release contains statements, estimates or projections that are not historical in nature and that may constitute "forward-looking statements" as defined under U.S. federal securities laws. These statements include, but are not limited to, Indus Asset Suite's ability to improve clients' efficiencies and provide better, faster business decisions throughout the enterprise or to make users more productive and efficient. These statements, which speak only as of the date given, are subject to certain risks and uncertainties that could cause actual results to differ materially from our Company's historical experience and our expectations or projections. These risks include, but are not limited to, projected growth in the emerging service delivery management market, market acceptance of our service delivery management strategy, current market conditions for our products and services, our ability to achieve growth in our asset management and customer management offerings, market acceptance and the success of our new products and enhancements and upgrades to our existing products, the success of our product development strategy, our competitive position, the ability to establish and retain partnership arrangements, our ability to develop our indirect sales channels, the successful integration of the acquisition of Wishbone Systems, Inc. including the challenges inherent in diverting our management's attention, changes in our executive management team, uncertainty relating to and the management of personnel changes, the ability to realize the anticipated benefits of our recent restructurings, timely development and introduction of new products, releases and product enhancements, current economic conditions, heightened security and war or terrorist acts in countries of the world that affect our business, and other risks identified from time-to-time in the Company's SEC filings. Investors are advised to consult the Company's filings with the SEC, including its 2004 Annual Report on Form 10-K, and subsequent quarterly reports on Form 10-Q, for a further discussion of these and other risks. Indus is a trademark of Indus International, Inc. Other company and product names may be trademarks of the respective companies with which they are associated.
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