TietoEnator and Algol to co-operate on lifting equipment maintenance serv

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TietoEnator and Algol to co-operate on lifting equipment maintenance services TietoEnator and Algol have agreed on co-operation for the supply of IT systems for lifting and conveying equipment maintenance services. The PowerMaint system will be used by Algol´s Materials Handling Division in managing its customers´ maintenance-related activities, resources, purchases and invoicing. PowerMaint is a maintenance and service management system developed and marketed by TietoEnator. It belongs to TietoEnator´s EAM (Enterprise Asset Management) business product portfolio. - The system will allow increasingly effective customer service by providing detailed information for equipment-specific analyses in maintenance operations, says Arto Pippuri, Section Manager of Algol´s Materials Handling Division. The strategic target of TietoEnator´s EAM business is to develop maintenance-related information technology both for providers of maintenance services and their customers. The key customer areas include the energy, forest and telecommunications industries as well as maintenance service businesses. Co-operation with Algol is an important part of this strategy. Algol´s Materials Handling Division is the leading supplier of conveyor systems, high-bay storage technology, hoists and crane construction kits on the Finnish market. It has the second largest market share as a manufacturer of overhead travelling cranes. The brand name is Algol System Demag. The operations of the Division´s nationwide network include the strongly growing sector of maintenance services which Algol expects to gain increasing importance in connection with product deliveries in the future. For further information, please contact: TietoEnator Corporation, Jaakko Kuusisaari, Director, Enterprise Asset Management Telephone +358 9 862 6000, e-mail: jaakko.kuusisaari@tietoenator.com Algol Oy, Arto Pippuri, Section Manager Telephone +358 9 5099 610, e-mail: arto.pippuri@algol.fi With a staff of 10,000 and annual net sales of 1.1 billion euros, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator provides consulting, systems development and integration, operation and support, product development services for customers, and software services. The Group has in-depth knowledge of its customers' businesses in areas such as telecommunications, finance, the public sector and the forest and energy industries. www.tietoenator.com Algol, established in 1894, is a Finnish multi-branch company that is widely specialised in technical trade. Algol group's total annual sales amount to approx. FIM 1100 million. Algol´s Materials Handling Division is specialised in the manufacture and import of lifting and transporting technology products with partner Demag, the international world leader in the field. The Division's technical services provide maintenance throughout Finland. www.algol.fi TIETOENATOR CORPORATION DISTRIBUTION Principal media ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/06/20010906BIT00090/bit0001.doc http://www.waymaker.net/bitonline/2001/09/06/20010906BIT00090/bit0001.pdf