[August 18, 2004] CopperLeaf Aids Asset-Intensive Organizations with Launch of Aptus BC Hydro Generation can better plan for the future with Microsoft .NET-based Aptus application VANCOUVER / MONTREAL – HYDROVISION 2004 – August 18, 2004 – CopperLeaf Technologies, a provider of strategic planning tools supporting asset-intensive organizations, today announced the launch of its flagship product, Aptus, the industry’s only comprehensive strategic planning tool. Built with Microsoft .NET connection software, Aptus is an integrated suite of products that supports the strategic and financial management processes of utilities, municipalities and other asset-intensive businesses, including BC Hydro Generation. With today’s aging infrastructure requiring significant reinvestment, many asset-intensive organizations, such as utilities and municipalities, lack the experience in long term planning as well as the necessary tools to manage replacement activities effectively. Built with Microsoft .NET connection software, Aptus is designed to meet the needs of asset and financial mangers to build long-term asset, financial and operating plans in a single application, while facilitating enterprise-wide management of long-term financial, operational and regulatory risks. Like other utility organizations, BC Hydro Generation faced the challenge of costs increasing faster than revenue opportunities and needed to maximize the value of its assets. Using Aptus, the organization was able to cost-effectively manage its assets over the long-term and make informed business decisions on capital reinvestment in civil infrastructure. “For BC Hydro Generation, not only was the development and implementation of Aptus about optimizing the value of our assets, it was also about making better decisions about future investment – with reliable data and a single decision tool used by everyone. And in the process, it has reduced our process burden and management costs,” said Drew Dunlop, Manager of Strategic Asset Management for BC Hydro Generation. “Organizations, like BC Hydro Generation, are under immense pressure to ensure long-term plans demonstrate equipment maintenance/replacement activities are cost-effective and ensure existing service levels are maintainable. Spreadsheet and ad-hoc database environments do not support integrated comprehensive long-term planning for asset-intensive environments. Market research indicated there were no technology solutions available to meet these complex needs,” said Lynn Casey, President and Founder of CopperLeaf Technologies. “Now, with the creation of Aptus, asset-intensive organizations can have consolidated budget and plan information in one database that, for the first time, supports the multiple perspectives of these organizations; financial, operational, and commercial.” Aptus is architected using Microsoft .NET with either SQL Server or Oracle as the database management system. It can operate as a stand-alone product or can be integrated with existing systems. Leveraging the power and flexibility of Microsoft .NET software, Aptus easily integrates with customers’ existing infrastructure and can adapt to future changes and processes, eliminating the need for customers to invest in new technology. For more detail on Aptus, visit www.aptus.com. About CopperLeaf Technologies CopperLeaf Technologies Inc. is a provider of strategic planning tools supporting asset-intensive organizations. The company’s flagship product, AptusTM, is a strategic and financial planning tool driving opportunities to maximize the value of assets to create superior, sustainable business performance. Based in Vancouver, British Columbia, CopperLeaf Technologies serves asset/infrastructure intensive organizations throughout North America. For more information, visit www.copperleafgroup.com. About BC Hydro BC Hydro provides high-value, reliable power to fuel economic growth in British Columbia. As one of the largest electric utilities in Canada, BC Hydro serves more than 1.6 million customers in an area containing over 94 per cent of British Columbia’s population. BC Hydro endeavours to provide energy solutions to its customers in an environmentally and socially responsible way by balancing British Columbians’ energy needs with the concerns of the environment. Through the efficient and reliable supply of electricity, BC Hydro supports the development of British Columbia and has constructed a world-class integrated hydroelectric system of close to 11,500 megawatts of generating capacity – over 87% of which is hydroelectric. Due to this efficient, reliable system, British Columbians enjoy some of the lowest electricity rates in the world. For more information, visit www.bchydro.com. -30- For more information, contact: Carrie Parent High Road Communications 416-368-8348 ext. 264 [email protected] [ Back To TMCnet.com's Homepage ]