News | October 10, 2008

PinnacleAIS To Offer First Implementations Of New PCMS RBI Software

HOUSTON-- (BUSINESS WIRE)PinnacleAIS, a leading provider of services and technology specializing in improved asset integrity for the petroleum and chemical processing industry, today announced a joint working relationship with Plant Condition Management Systems (PCMS®), under which PinnacleAIS will provide the first implementations of the production version, Risk-Based Inspection (RBI) module. Implementations of the new software are already underway at two major PinnacleAIS refinery accounts.

PCMS RBI module was initially released in May 2008, with a broad release slated to follow the two implementations. The RBI module integrates calculations that determine the risk associated with petrochemical equipment, and tools to help strategically plan inspection and operating practices to reduce those risks. Compliant with API 580 – The API Recommended Practice for Risk-Based Inspection, the software provides quantitative analyses of refinery equipment so reduction in risks can be determined and measured.

"As the first provider of our new RBI software module, PinnacleAIS has greatly benefited our existing customers," said Jim Redmon, Division Manager of PCMS. "The RBI Analysis performed and presented by their team has led to the selection of PCMS as the standard RBI software tool at several major refining companies. We expect that continued teamwork between our companies will offer complete, leading edge mechanical integrity programs across the industry."

"As more than 40% of the U.S. refining capacity uses PCMS, the most comprehensive software program developed specifically for the industrial process industries, we are extremely delighted to be rolling out the first implementations of the new RBI module," said Ryan Sitton, Founder and CEO of PinnacleAIS. "The new PCMS RBI module performs within the existing PCMS framework used by many of our clients and provides greater ease of use and maintainability than other industry solutions. Our clients thus far are extremely pleased with the results, and we feel that the new software is clearly an industry leading alternative."

About PCMS (www.pcmssoftware.com)
PCMS delivers the most comprehensive software program developed specifically for the industrial process industry. The company's software organizes and manages vital data for compliance with process-safety-management regulations internationally. PCMS provides compliance with recognized codes and engineering practices. Textual and numerical data are easily entered and analyzed by the program, resulting in increased confidence of inspection results with complete compliance and regulatory mandates.

About PinnacleAIS (www.pinnacleais.com)
Based in Houston, TX, PinnacleAIS is a leading technology and services provider, specializing in wholesale improvements in asset integrity for the petroleum and chemical processing industry. Through innovative technology and world class services, PinnacleAIS offers a unique approach to asset integrity, helping operating companies realize substantial improvements in compliance and safety, while simultaneously reducing costs and business risks. PinnacleAIS is a member of numerous trade organizations including The American Petroleum Institute (API).

PinnacleAIS was founded in 2006 and is privately held.

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