Release Date:  7/10/2006 Contact:  Evan Niemkiewicz
  (484) 259-1700 or evan@[no spam]insertkey.com
 
Scientech and Insert Key Solutions Announce Teaming Agreement
Collaboration to provide the utility industry with a comprehensive equipment reliability solution suite of products and services
 

Scientech, LLC and Insert Key Solutions, Inc. (IKS) have established a teaming agreement to provide the utility industry with a comprehensive equipment reliability solution suite of products and services. IKS’ suite of equipment reliability applications, which have been recognized as among the best in the nuclear industry, will add additional capabilities to Scientech’s set of equipment condition monitoring products. The combination of the companies’ industry leading applications form a suite of solution tools to more effectively address nuclear and fossil utilities’ advanced condition monitoring and equipment reliability efforts. “Together, with our complementary set of applications, our two companies can better meet the needs of clients who are struggling to implement an equipment reliability effort and address the AP-913 Guideline,” says Larry Brodsky, President and CEO of Scientech.

Scientech and IKS will integrate their applications so that pertinent data and analytical information will be easily accessible at all levels, from the fleet manager to the cognizant plant and system engineer, and also provide more insight and knowledge regarding the equipment’s overall condition. By integrating all the available equipment information, engineers will be able to understand better their equipment’s overall condition, perform their reviews, and conduct efficient decision assessments in a more effective and timely manner. “In addition to providing a powerful technical solution, both companies are customer focused. In working together, we will not only address the individual customer needs required for successful equipment reliability implementation but also help in ensuring their program objectives are met” said Evan Niemkiewicz, President of IKS.

Scientech’s ER Solution Suite, which includes the Insert Key applications, will include thermal and condition monitoring, predictive analysis, plant condition status, fleet reporting, reliability information processing, safety risk assessment capabilities, and program support. The partnership is also expected to address developments of additional equipment reliability tools to further enhance the Scientech and IKS offerings.

Scientech, LLC is a worldwide provider of electric generation services and products, safety and risk analysis, information technology, and strategic consulting. Scientech provides utility and industrial clients with the hardware, technology, risk and reliability, information and process solutions to reduce costs and improve efficiency, safety, performance and operation’s knowledge. Founded in 1983 as a consulting engineering and technical services company serving government and utility customers, Scientech has grown to employ over 350 personnel, with annual sales of $44 million in 2005. This growth has come from expansion of internal capabilities, acquisition of other companies and emphasis on specialized services and products. Key acquisitions in the 1990s included NUS Energy in 1996 and NES, Inc. and EGS in 1999.

Insert Key Solutions is a software company which specializes in delivering Equipment Reliability solutions to the power industry. IKS combines software technology and business process knowledge to deliver powerful, user friendly software tools that are web-based and easy to deploy. IKS has extensive system and data integration experience, gained from implementing its own software tools and by solving customer specific needs for integration. IKS has helped Maintenance, Engineering, Finance and Accounting, Human Resource, and other departments operate more efficiently by electronically exchanging the right data at the right time.

For more information, contact:

Dan Rees
Vice President
Scientech, LLC
206-248-1818
drees@scientech.com

Evan Niemkiewicz
President
Insert Key Solutions, Inc.
610-459-4400
evan@insertkey.com

 
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