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GMI to Implement Octave’s MAINTAIN College Park, MD - March 23, 2004 - Octave Technology, a manufacturer of software products that enable the use of RFID and Auto-ID within industrial environments, today announced that Gearhart-McKee Inc. (GMI) has selected Octave’s MAINTAIN as their technology platform and application of choice for field and plant-based asset maintenance. MAINTAIN is Octave’s contact memory and RFID-enabled system that enables "on asset" data storage and self-describing equipment, providing service engineers with immediate, on-asset access to critical equipment and maintenance information. Initially, GMI will use MAINTAIN to support their electrical maintenance contract with Reliant Energy. Octave Technology was founded in 2003 to minimize equipment maintenance costs in plant and industrial environments. Octave helps organizations fill voids in existing enterprise asset management systems and reduce operations and maintenance (O&M) costs in industrial environments by creating one-to-one relationships between service engineers and the equipment they maintain. "Our clients’ profitability, stability and performance are closely related to how we maintain their equipment", states Terry Gearhart, GMI’s President. "Using Octave’s solution, we can drastically reduce O&M costs and increase repair and replace productivity. This will help our customers lower their cost per asset and improve availability." "GMI is taking a leading role in its industry by building on Octave’s MAINTAIN platform," said Richard Stack from Octave Technology. "We're delighted that GMI is using an Octave Technology asset maintenance system to enhance its capabilities and improve customer satisfaction." GMI has also contracted Octave Technology to develop custom forms to match the maintenance process for various asset types they manage. Terms of the deal were undisclosed.
About Octave Technology About Gearhart-Mckee, Inc. (GMI) GMI currently has offices in Johnstown and Pittsburgh, PA and has plans for rapid expansion into Maryland, Ohio, Virginia, and many southern states.
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