News & Announcements

Vesta Partners, LLC Acquires Terry Wireman's Intellectual Property Rights

Wireman named Vice President and Advisory Board Member at Vesta

Stamford, CT - March 31, 2006 - Vesta Partners, LLC a leading provider of Maintenance and Reliability implementation methodologies, announces the acquisition of the intellectual property of renowned maintenance expert, Terry Wireman. Wireman, the author of 15 maintenance and reliability textbooks, has transferred the rights to his well-published methodologies to Vesta Partners, LLC for use in their consulting practice. In addition, Wireman has been named Vice President and Advisory Board Member at Vesta and will provide consultative input into the company's strategic direction.

Mr. Wireman is also with Applied Technology Publishing, serving as the Managing Editor for Maintenance Technology and Lubrication & Fluid Power magazines. "Vesta has the same client centric focus that I have always believed was essential to success in the maintenance space," stated Wireman. "Their utilization of my methodologies will benefit the marketplace by providing unparalleled opportunities for companies to improve their maintenance and reliability businesses."

Wireman, who is now focusing on authoring a 10 volume comprehensive maintenance improvement strategy series for Industrial Press added, "Since I can now focus on developing a comprehensive implementation guide to Best Practices, Vesta will always have ongoing access to current information to address immediate issues in the maintenance and reliability marketplace."

Kahn Ellis, a Partner with Vesta states, "The addition of Terry's methodologies to our company's existing practices will ensure that we can help our clients move to a recognized "Best Practice" status and their use of SAP for Enterprise Asset Management (EAM). In addition, Vesta will remain on the cutting edge of trends and issues in the marketplace that will add to our overall value proposition."

"Our vision in starting this firm was to bring industry best practices and proven methodologies in maintenance management consulting, together with a practical and systematic approach to EAM system implementation and support," states Mike Maiolo, a Partner with Vesta. "We are thrilled to continue our working relationship with Terry and believe that his contributions will help us achieve our goal of becoming the premier SAP PM (EAM) and Maintenance Management consulting firm in North America."

About Vesta
Vesta Partners is a professional services company with deep domain expertise in maintenance management. Our approach combines industry best practices with practical technology solutions that provide our customers with a competitive edge. We help our customers shift their maintenance operations from a necessary cost center to an enterprise improvement platform.

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For more information, contact:

Andy Bellagamba
Vesta Partners, LLC
60 Long Ridge Road, Suite 403
Stamford, CT 06902
203-517-0400
abellagamba@vestapartners.com

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Vesta Partners Service Offerings:


	SAP for EAM > Project Readiness Review System Analysis Full EAM Project Services Planning and Scheduling Improvements SAP Release Delta Workshops Third Party Solution Support SAP Maintenance Training Workshops

	Maintenance as a Business > Core Maintenance Assessment Benchmarking Best Practices EAM System Readiness Financial Optimization Inventory and Stores Key Performance Indicators Maintenance Functional Processes OEE Baseline Assessment Organizational Structure Preventive Maintenance ROI Determination System Utilization Review Work Order Process

	Integration & Intelligence > MII RCMO Business Intelligence Maintenance Assignment and Scheduling User Experience

50%

Participants in a recent survey reported that only 50% of the maintenance and repair spares were tracked in the CMMS.