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All Press Releases for July 11, 2004 Subscribe to this News Feed    
 

Bayer Corporate selects Capstone Software Systems RBMI to use in implementing a Reliability Based Inspection Program

Capstone Software Systems, Inc., the leader in providing Reliability Based Asset Integrity Management Software, today announced a corporate license and service agreement with Bayer Corporation for implementation of Capstones RBMI software and services.

Houston, TX (PRWEB) July 11, 2004 -- Bayer selected Capstone's RBMI to support their Reliability Based Asset Integrity Management program. Capstones software is known for providing an enterprise product that manages the full inspection process and includes a robust Risk calculator to assess probability and consequence of failure. This version of the software includes fixed equipment, storage tanks, piping, relief devices, as well as a seamless interface with SAP R/3.

Bayer Corporation, headquartered in Pittsburgh, is the U.S. holding company of the worldwide Bayer Group, an international health care and chemicals group based in Leverkusen, Germany. Bayer employs 23,300 in North America with net North American sales of 8.8 billion euros in 2003. Bayer's four operating business areas -- HealthCare, CropScience, Polymers and Chemicals -- produce a broad range of products that help diagnose and treat diseases, purify water, preserve local landmarks, protect crops, advance automobile safety and durability and improve people's lives.

The Bayer Group has 115,400 employees. Its stock is a component of the DAX and is listed on the New York Stock Exchange (ticker symbol: BAY). For 2003, the Group recorded sales of 28.6 billion euros and a group net loss of 1.4 billion euros. Capital expenditures totaled 1.7 billion euros, and 2.4 billion euros was invested in research and development.

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CONTACT INFORMATION
Robin Stanaland
CAPSTONE
281-493-2236 x 234
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