Press Releases

For Immediate Release – February 19, 2010

Banetti Contact: Matt Boehne

Phone: (202)262-2500

E-mail: Matt.Boehne@Banetti.com

WorkTech Contact: Tom Frederick

Phone: (603)673-1479

E-mail: Tom.Frederick@worktech.com

Banetti to Expand Global EAM Solution

Agreement allows Miami-based consulting firm to expand EAM offerings to global clientele

MIAMI, Feb. 19, 2010 - With multi-industry need for comprehensive service in enterprise asset management (EAM), Banetti Inc. (http://www.banetti.com) is seizing the opportunity to quickly become the leading solutions provider. In addition to the firm's successful EAM consulting ventures, Banetti today announced a new services partnership and reseller agreement with WorkTech (http://www.worktech.com), a pioneer in the time management software industry with expertise in high-end supplemental products for Enterprise Asset Management. The venture between Banetti and WorkTech is expected to streamline the way both companies serve their global customers by creating a broader suite of EAM products and services.

With the industry's top veteran consultants, Banetti's comprehensive solution now includes the offering of leading cutting-edge EAM software. The alliance ensures even greater success for both companies' customers by enabling full resell licensing and creation of custom software tailored to meet individual client needs. The revamped approach will help customers lower costs and increase safety by utilizing resources more efficiently. The Banetti-WorkTech relationship also enhances the ability of both companies to offer support for past EAM products while providing expanded support for Maximo 7 implementations.

“We’re excited to be able to provide WorkTech products to our customers,” said Matt Boehne, CEO of Banetti. “We’re always looking for ways to leverage the best technologies available in Enterprise Asset Management and WorkTech helps us do that.”

“The addition of Banetti as a reseller and services partner is a key component to our future growth in software sales, and the venture enables us to provide a wide array of frontline services,” said Tom Frederick, COO of WorkTech. “Banetti is a proven organization, and we look forward to providing them with new products and greater value to their clients."

Banetti was founded in 2005 by a group of former MRO Software consultants who realized the need for current consulting methods to be revamped in order to take clients into the future successfully. Their objective was to provide more efficient services and deliver long-term strategies by implementing a holistic approach to client needs. They offered the proper guidance that most industry consultants had been overlooking, employing a policy of doing so in order to more effectively meet long-term client objectives.

Established in 1993, WorkTech began with a consulting practice centered on IBM Software's Maximo® computerized maintenance management system (CMMS). The company found opportunities to increase the value of customers' Maximo investment with add-on products, including time and attendance management. That focus results in a set of extremely flexible software products that address the complex needs of maintenance and IT departments and are easily tailored to meet the needs of every user in the organization. As an IBM Business Partner, WorkTech has expanded its customer base to include Tivoli customers around the world.