MAM Maine & Maritimes Corp.

Delinea's Enterprise Asset Management Application Selected By Maine & Maritimes Corporation DALLAS, Dec. 1 /PRNewswire/ -- Delinea Corporation, an application and business process management company serving the energy and utility industries, today announced that the company's Enterprise Asset Management application has been selected by Maine & Maritimes Corporation . Delinea's Enterprise Asset Management application provides complete lifecycle management of assets. The solution is a strategic planning and asset management tool used to quantify and prioritize the investments needed to maintain and preserve facilities and assets. The application also integrates business operations and ongoing maintenance with information technology to provide users with detailed analysis capabilities to support effective decision-making. Energy companies use the application to direct large, multi-facility sites, develop capital plans, complete conditions assessments, manage workflow processes, and make educated decisions for capital renewal investments. Delinea's Enterprise Asset Management solutions also deliver significant value to any company that maintains a large or complex asset portfolio. Enterprise asset management is emerging as a critical capability for utilities and energy related companies of all sizes. With the capital intensive nature of the energy delivery infrastructure, the ability to extend the useful life of transmission and distribution assets through improved asset tracking, replacement planning and more effective preventive maintenance delivers a very robust return on investment. "We invested in Delinea's Enterprise Asset Management application after a detailed sourcing study of solutions available in the market," said John Havrilla, Vice President of Unregulated Businesses of Maine & Maritimes Corporation. "The Delinea application was proven as best-of-breed and will provide us significant value to our asset management function and services. As a result of our evaluation and effectiveness of their product, we have entered into a tight strategic relationship, partnering with Delinea to integrate their asset lifecycle management application into our integrated energy services and asset lifecycle management offerings. We believe the solution, combined with our engineering capabilities provides a new and significant economic value to our clients in the United States and Canada." Maine & Maritimes Corporation is a holding company with subsidiaries in the U.S. and Canada. It is the parent company of Maine Public Service Company, an independent transmission and distribution utility in northern Maine, as well as Energy Atlantic, LLC, a competitive electricity supply company, both headquartered in Presque Isle, Maine. In addition, it is the parent company of Maine & Maritimes Energy Services, a U.S. company, and Maricor Ltd, a Canadian company, both engineering, asset lifecycle management and energy services firms with locations in Maine and New Brunswick. "We are extremely excited about our selection by Maine & Maritimes Corporation," said Trey Swain, President and COO of Delinea. "Our Enterprise Asset Management application is a result of our recent acquisition of HCI Systems and is now included in our broader Utility Enterprise Management (UEM) application suite. The Enterprise Asset Management application enables efficient and effective management of energy assets. We are equally proud to have structured a meaningful strategic relationship with Maine & Maritimes Corporation, which will allow us to provide our application to a broader market and different sectors of the economy." Delinea Corporation Delinea Corporation is an application and business process management company serving the energy and utility industries using proprietary and third party applications as well as providing a full spectrum of consulting, design, development and integration services. With deep utility, technology and business process expertise, Delinea can mobilize the right people, process and technology to help clients improve their performance. Delinea was formed in April 2000 and is headquartered in Dallas, Texas employing 160 employees. Delinea also has offices in Houston, Texas and Kennebunk, Maine. More information about Delinea and HCI Systems can be found at the following Web sites, http://www.delinea.com/ , http://www.hcisystems.com/ . DATASOURCE: Delinea Corporation CONTACT: David Bickerstaff, Vice President of Delinea Corporation, +1-972-692-0450, or Web site: http://www.delinea.com/ http://www.hcisystems.com/

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