Cyco Software Expands Global Network in Central & South America with New Partners IT Consol & Synapsis

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Cyco Software has signed agreements to form strategic alliances with IT Consol, the largest MRO reseller in Central America, and Synapsis, one of the largest IT providers in South America.

Cyco Software, a leading global software company offering Engineering Data Management (EDM) solutions, announced today that it has signed agreements to form two new strategic alliances with IT Consol, a prominent Mexican IT consultancy, and Synapsis, one of the largest IT providers in South America.

The new partnership between Cyco Software and IT Consol - Central America's largest channel partner of MRO Software, a leading developer of maintenance management solutions - will expand IT Consol's capabilities and allow its clients to maximize the advantages of both Cyco Software's flagship solution Cyco AutoManager Meridian and MRO's solution Maximo. Both Cyco AutoManager Meridian and Maximo have been successfully implemented and integrated in many projects where collaboration between the engineering and maintenance departments is required.

"We are very excited to start working together with Cyco Software and 'Take EDM to the Enterprise' in Mexico and Latin America," says IT Consol CEO Edgar Martinez, citing Cyco Software's corporate motto. "We are absolutely convinced of all the benefits that Cyco's best of breed solutions will bring to the potential market."

In Chile, Synapsis is no stranger to Cyco Software's solutions and has in the past worked closely with Cyco Software's existing Chilean partner, Microgeo, to successfully implement Cyco AutoManager Meridian in client projects. "As a leading systems integrator in Latin America, it is key for Synapsis to integrate world class systems that allow our consultants to concentrate on the process improvement aspects of the project, with the different features and functionality that the integrated solutions bring to the table," explains Synapsis general manager, Claudio Guzmán.

This agreement formally establishes the Latin American IT company as an official implementer of Cyco Software's solutions for companies in the Spanish-speaking countries of the region.

"Our agreement with Cyco Software allows us to be aligned with a leading provider of engineering data management solutions with a great track record around the globe. We look forward to continue using Cyco AutoManager Meridian in new projects for our existing customers or with new clients, as we have done previously with great success," continues Mr Guzmán.

Synapsis's impressive portfolio includes the implementation of Cyco AutoManager Meridian in companies such as Chilectra, the largest provider of electrical energy in Chile; Chilquinta, an electricity distribution company in the Valparaiso Region and Ingendesa, an engineering company subsidiary of Endesa Chile that provides consultancy and engineering services.

Synapsis is currently developing a Cyco AutoManager Meridian project with Peruvian company Edelnor, which distributes 22.6% of the country's electricity.

"We are extremely pleased to welcome IT Consol and Synapsis into our global network of partners, with their integrity, experience and proven implementation skills. Our new partnerships fulfill our continuing vision to take EDM to the enterprise around the world. With IT Consol and Synapsis, we are able to meet the growing demands in Central and South America for the best enterprise-ready engineering data management solutions," says Cyco Software CEO Martijn Janmaat.

About IT Consol

IT Consol, a Mexican IT consultancy, is Mexico's largest reseller of MRO software, a leading suite of maintenance management solutions. IT Consol works with companies to improve their industrial, commercial and administrative processes with the latest innovations in IT. The principal business area of IT Consol is the implementation of maintenance industrial systems, providing their clients solutions for asset and service management. Clients from different industries include Banco de Mexico, Baxter, Met-Mex Peñoles, Grupo Bimno, Grupo Xcaret, Paquete Express and more. For more information visit http://www.itconsol.com.

About Synapsis

In 1988 the Enersis Group created Synapsis, an IT subsidiary and spin-off from Chilectra, aimed at meeting information services needs in the companies that make up the Group, as well as offering business management solutions and consulting services to public sector institutions. Synapsis's objective is to offer a broad range of highly specialized products and services, together with its proven experience in the telecommunications, information systems, telecontrol and environmental areas, and overall consulting activities and business management. Synapsis has offices in Chile, Argentina, Brazil, Colombia and Peru. For more information, please visit http://www.synapsis.cl.

About Cyco Software

Cyco Software provides Engineering Data Management and Application Integration solutions for multiple vertical industries including energy, oil & gas, (petro) chemical, government, pharmaceutical, and discrete and process manufacturing. Cyco Software has almost two decades of industry experience with over 275,000 users in 50+ countries worldwide. The company has offices in the USA, UK, Russia, Germany and The Netherlands, together with an extensive global network of established partners. In South America, Cyco Software is represented by distributors SKA (Brazil) and Microgeo (Chile). Cyco Software ensures a high level of service and support on a truly worldwide scale for its leading software solutions, Cyco AutoManager Meridian and Cyco AutoManager TeamWork. For more information, please visit http://www.cyco.com, or call (800) 323 2926 ext 111 (Americas) or +31 (0)70 413 3700 (EMEA).

Cyco Software, Cyco and AutoManager are registered trademarks of Cyco Software BV. All other brand names, product names, or trademarks belong to their respective holders. © 2007 Cyco Software, Inc. All rights reserved.

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Elise Tynan
Cyco Software
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