Ingersoll-Rand Chooses Riversand Product Information Management (PIM) Solution for Parts Standardization

Ingersoll-Rand Chooses Riversand Product Information Management (PIM) Solution for Parts Standardization

HOUSTON, -- May 25, 2005– Riversand Technologies, (http://www.riversand.com), a Houston-based provider of Product Information Management (PIM) solutions, today announced that Ingersoll-Rand (http://www.irco.com) has chosen Riversand PIM solution to automate and centralize parts management process.  Ingersoll-Rand will be taking advantage of the Riversand Product CenterTM (formerly Content CenterTM) technology to drive parts standardization across the enterprise.

“Riversand’s PIM technology will help Ingersoll-Rand meet some near term Operational Excellence goals by saving significant dollars on parts reuse.  The solution also gives us the power and flexibility to meet additional classification challenges such as HTS Codes, UCCnet synchronization and other emerging Global standards” said George Ashley, Director of Engineering Technology for Ingersoll-Rand.

Riversand Product Information Management (PIM) solution allows effective management of new product data introduction, centralized classification, discovery of functional equivalents, and rationalization of parts standards across business units. The solution addresses the unique demands of engineering and sourcing, such as managing multiple taxonomies, setting up workflow to maintain creation of attributes and categories, and the creation of parts in a staging area before releasing to production.

"Riversand is committed to delivering an easy-to-deploy PIM solution that is scalable for the large enterprises," said Sashi Narahari, President & CEO of Riversand Technologies. "This is a significant milestone in the Enterprise PIM vision that we began three and a half years ago. Enterprises can realize significant operational benefits by creating a global parts master and providing centralized access to all the stakeholders requiring product information."


About Ingersoll-Rand
Ingersoll-Rand is a global provider of products, services, and integrated solutions to industries as diverse as transportation, manufacturing, construction, and agriculture. The company brings to bear a 100-year-old heritage of technological innovation to help companies be more productive, efficient, and innovative. Examples include cryogenic refrigeration that preserves agricultural produce worldwide, biometric security systems for airports, corporations, and government facilities, the efficient harnessing of air to drive tools and factories, and versatile, compact vehicles for construction and efficient movement of people and goods. In every line of business, Ingersoll-Rand enables companies and their customers to turn work into progress.

About Riversand Technologies, Inc
Riversand is a leading provider of Product Information Management (PIM) solutions for global manufacturers and distributors delivering complex products into multiple markets. Riversand enables companies to populate accurate, timely & up-to-date product information across all corporate internal systems, customers and channel partners. Riversand customers include leading global companies such as ConocoPhillips, GHX, Siemens, Weatherford and others. Riversand solutions accelerate time-to-market, improve order accuracy, reduce costs and enhance customer service. Headquartered in Houston, Texas, Riversand is a Houston Technology Center (HTC) client company and can be contacted at (713) 934-8899 or at
www.riversand.com.

Houston Technology Center
Houston Technology Center (HTC) is a business accelerator that assists Houston-based emerging technology companies in key sectors such as: Energy, Information Technology, Life Sciences, Nanotechnology and NASA-originated technologies.  See
www.houstontech.org for more information.

Author: Diana Jett
Phone: (832) 687-6935
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