MEDIA RELEASE PR39656
Coreworx and Empired Enter Partnership Agreement
PERTH, Australia, May 21 /PRNewswire-AsiaNet/ --
Alliance brings enhanced governance and risk management to Australia's capital
projects
Coreworx Inc., a leading provider of project information and cost control
software used globally to manage major capital project execution risk, today
announced its recent partnership with Empired Ltd (ASX: EPD) a leading provider of
business technology solutions in the Corporate and Government sector with services
delivered across Australia, South East Asia and beyond.
Empired's expertise and presence in the region, coupled with Coreworx' ability to
manage complex, globally dispersed major capital projects, will mean significant
business benefits to companies looking to develop assets within Australia and South
East Asia. Coreworx is already working with several customers in Australia, and sees
this partnership benefitting these existing customers and future customers there.
Empired will not only re-sell Coreworx' software products, but will design and
implement overall business solutions to customer requirements, while providing
ongoing support and document control services. Empired also plans to offer Coreworx
products as a hosted, on-demand solution from their data centre.
The demand for such services is becoming more prevalent to address the explosion
in major project activity in the resources and energy sectors in Australia and South
East Asia. The current committed capital expenditure on major capital projects
exceeds $175 Billion in Western Australia alone. The significant investments in these
large projects underlines the importance of utilizing effective project information
and cost control systems such as Coreworx to identify and manage project risk, reduce
cost and ensure the implementation of industry best practices.
"I'm very pleased to help drive this world class project management solution into
the Australian and South East Asian regions. This is a fantastic opportunity for both
Empired and Coreworx," said Mr. Russell Baskerville, Managing Director, Empired Ltd.
"I am confident Empired's investment in the energy and resources sector will provide
great business value to our clients, delivering word class solutions with local
expertise to some of the world's leading organisations in this sector."
"This is a great opportunity to increase our ability to meet the ever increasing
demands of project execution and cost containment in this active region," said Ray
Simonson, CEO of Coreworx Inc. "Having a local partner with deep expertise and
established long-term client relationships ensures we can accelerate time to value of
our solutions for all our current and prospective customers."
About Empired Limited
Empired Ltd (ASX: EPD) is an ASX listed national IT Services Provider with a
broad range of capabilities and experience ranging from business consulting to
Infrastructure and Applications systems development and support. Empired provides ICT
Managed Services, complemented by Project and Consulting engagements in its areas of
specialisation. Empired focuses on providing companies with tailored IT service
solutions that address their specific needs; delivering a diverse range of innovative
services in today's ever-changing business environments. Our flexible service
delivery approach and "can do" attitude has enabled Empired to secure clients that
range from medium size entities through to large enterprise accounts with services
About Coreworx
Coreworx Inc. provides integrated project information and cost control solutions
for large capital projects in the oil & gas, power and mining sectors. The Coreworx
solution is a proven web-based enterprise software system that enables engineering
and construction contractors and owner/operators to automate best practices, mitigate
business risks and improve performance to budget throughout the entire project
lifecycle. Coreworx services a portfolio of projects valued at over $500 billion
across more than 50 countries, on more than 500 capital projects with nearly 70,000
users. Coreworx has offices in Houston, Baton Rouge, Calgary, Victoria (Australia)
and Waterloo. For more information, visit www.coreworx.com. Coreworx Inc. is an Acorn
Energy company.
Coreworx Contact:
Brett Shellhammer
+1 (519) 772-3190
bshellhammer@coreworx.com
Empired Ltd. Contact:
Pia Witt
+61 8 9223 1214
pia.witt@empired.com
SOURCE: Coreworx Inc.
CONTACT: Coreworx,
Brett Shellhammer,
+1-519-772-3190,
bshellhammer@coreworx.com;
or Empired Ltd.,
Pia Witt,
+61 8 9223 1214,
pia.witt@empired.com
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