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Technology Stocks : Project Software: PSDI
PSDI 0.00Mar 22 5:00 PM EST

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To: Certafied who wrote (114)12/3/1997 10:00:00 AM
From: Ron Rubens   of 134
 
PSDI Announces Release of MAXIMO For Oracle8
CAMBRIDGE, Mass., Dec. 2 /PRNewswire/ -- PSDI, (Nasdaq: PSDI - news), a leading provider of maintenance management systems, today announced that its flagship product, MAXIMO, supports the latest version of Oracle Corporation's Database for Network Computing(TM), Oracle8(TM). Oracle8 allows for increased ease of use, increased levels of scalability and manageability, and object relational functionality. PSDI's enterprise customers now have a head start in the process of upgrading maintenance systems to the new database.

''We are pleased PSDI can now offer our mutual customers support for Oracle8,'' said Marc Hebert, vice president of Design and Migration Services at Oracle. ''MAXIMO delivers the robust functionality and flexibility mandated by large organizations with mission-critical operations.''

MAXIMO for Oracle8 allows users to manage large amounts of information securely, reliably, and economically over computer networks. As an Oracle Cooperative Application Initiative partner, PSDI provides MAXIMO users with the ability to take advantage of the several performance and scalability enhancements. As organizations rely more heavily on maintenance systems to capture data for analysis and future planning, MAXIMO users will benefit from the ability of Oracle8 to support up to 100 terabytes of data.

PSDI develops, markets and supports applications software used by businesses, government agencies, and other organizations to assist them in maintaining high-value capital assets such as plants, facilities and production equipment. The Company's products are designed to enable customers to reduce downtime, control maintenance expenses, cut spare parts inventories and costs, improve purchasing efficiency, and more effectively deploy productive assets, personnel and other resources.

Based in Cambridge, Mass., PSDI markets its products through a direct sales force with sales offices throughout the United States, Canada, Argentina, Australia, UK, France, Germany, Hong Kong, India, Thailand, Sweden and the Netherlands, combined with a network of international sales agents.

NOTE: All PSDI news releases are available via the PSDI Home Page at psdi.com. Oracle is a registered trademark of Oracle Corporation (Nasdaq: ORCL - news), and Oracle8, and the Database for Network Computing and Cooperative Applications Initiative are trademarks or registered trademarks of Oracle Corporation.

SOURCE: PSDI
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