Bema Gold Selects Matrikon for Implementation of Asset Management Solution
Asset management solution provides better understanding of procurement process
Access to real-time information to make informed decisions
Ability to track assets in real-time
Improved cost control through better collaboration and coordination between departments and locationsEdmonton, Alberta - July 18, 2005 - Matrikon Inc. (TSX:MTK) today announced that it has been selected by Bema Gold Corporation to deliver an asset management solution based on MRO Software's Maximo. The solution will provide Bema with a corporate platform for managing key functions such as equipment procurement, transport logistics and inventory management of mining-related assets in remote mining locations.The solution is based on Matrikon's ProcessMOReT transport module and implementation services to handle the logistics of transporting millions of dollars worth of equipment assets to remote locations, combined with MRO Software's Maximo asset management software. The solution automates the procurement process, enabling better asset location tracking. In addition, tighter integration will enable Bema to reduce logistics and purchasing costs by leveraging corporate buying opportunities and decreasing inventory through better visibility into the process."With our growing global operations, it was time to move to a corporate platform to bring improved visibility to key aspects of our operations," said James Sullivan, vice president Russian operations of Bema. "The ability to see the whole process and the improved collaboration between departments and locations will enhance efficiency and enable Bema to leverage our procurement activities. We selected Matrikon for this strategic initiative because in teaming with MRO Software, they offered the most integrated and complete asset management solution in the market today, and a methodology that is aligned to our vision.""With Maximo's functionality as a foundation, Matrikon is combining its unique capabilities to provide a complete global asset management solution for Bema Gold," said David Rothberg, vice president, strategic alliances, MRO Software. "We're pleased to be working with Matrikon to deliver the unique asset requirements for a global leader in mining operations. Matrikon's strong domain expertise in mining, oil & gas, and utilities combined with Maximo's proven capabilities provide a solid solution for Bema Gold's asset management requirements."About Bema Gold CorporationBema Gold Corporation is an intermediate gold producer with operating mines and development projects in Russia, South Africa, Chile and Canada. Bema operates the Julietta Mine in Russia, the Petrex Mines in South Africa, and is 50% owner of the Refugio Mine in Chile, which is projected to recommence production in early 2005. Over the last decade, Bema has demonstrated an exceptional exploration track record and the ability to develop assets to production.About Matrikon Inc. Matrikon (www.matrikon.com) is a leading provider of industrial plant intelligence solutions that enable manufacturing plants to achieve operational excellence by transforming production data into knowledge to predict and prevent problems and optimize operations. Matrikon's customers achieve agile operations through the combination of external market and plant data to make informed, intelligent decisions in real-time. With offices in major cities throughout North America, Australia, Europe and the Middle East and a global client base including industry leaders in a wide range of manufacturing and process industries, Matrikon's reach is global.
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