DSTME Datastream Systems (MM)

Wake Forest University Selects Datastream 7i to Improve Facilities Management Deployment a Critical Element of Program Link, the University's Campus-Wide Upgrade of Administrative Computing Systems GREENVILLE, S.C., April 19 /PRNewswire-FirstCall/ -- Datastream Systems, Inc. (NASDAQ:DSTME) today announced that Wake Forest University, a private institution consistently ranked among the nation's top 30 universities, has selected the Datastream 7i(TM) Asset Performance Management solution for its facilities management operations. Wake Forest will use Datastream 7i to improve operations across its Reynolda Campus and in the management of the university's real estate properties. The implementation of Datastream 7i is part of Wake Forest's Program Link, a multi-year, campus-wide initiative to upgrade and replace administrative computing systems. As part of Program Link, Wake Forest is committed to using technology to its fullest potential while reducing administrative technology costs and maintaining the university's leadership in high-tech education. With Datastream 7i, Wake Forest will incorporate Asset Performance Management into every aspect of facilities management, including custodial matters, landscaping, general maintenance, construction, central heating, key management and campus safety. Datastream 7i will help Wake Forest reduce maintenance costs and ensure optimal condition of all assets such as buildings, machinery, equipment and vehicles. A customer since 1999, Wake Forest upgraded to Datastream 7i because it is a Web-based solution with enhanced purchasing and reporting functionality. It also includes critical analytic and mobile capabilities that provide managers with at-a-glance views of equipment trends and usage so they can better track expenditures and improve efficiencies. The product's mobile capabilities will enable maintenance technicians to easily retrieve work orders and submit requests for equipment parts directly from their mobile devices without having to go to the warehouse or complete cumbersome paperwork. "For several years, Datastream technology has been the foundation for computerized tracking of our facilities management operations," said Mary Cranfill, assistant director of Wake Forest facilities management and the project manager for Datastream 7i within Program Link. "Datastream 7i is a natural upgrade for us. As we grow and our technology systems evolve, a Web- designed solution with analytics and mobile capabilities will drive faster productivity improvements and cost savings." Datastream's software has enabled the university to use budgeted money more efficiently to accomplish nearly $1 million in "beautifying" projects and deferred maintenance that otherwise would not have been possible or would have required additional funding. Several of these projects helped Wake Forest win an award from the Professional Grounds Management Association, which identified the university as having one of the five most beautiful campuses in America. One of the most important benefits of using Datastream 7i is that it allows the university to become more pro-active and cost-effective about maintenance as reduced operational budgets and stricter compliance regulations require them to do more with fewer resources. "As buildings age and safety regulations require changes, we are increasingly pressured to find the resources to address them," said Cranfill. "Since we don't receive any government funding for our facilities operations and maintenance, the burden is on us to optimize every resource. Datastream 7i will not only help us improve operations under these increasing demands, it will also create additional sources of revenue for the university in its management of its leased real estate properties." Wake Forest's leased real estate properties include: * The University Corporate Center (UCC): One of the premier office buildings in the Winston-Salem Triad area, the structure consists of five floors and a concourse level totaling approximately 525,000 square feet. * Reynolda Village: A unique shopping and office complex created from the R.J. Reynolds Estate buildings. * Reynolda Business Center: A prime office building with approximately 203,000 square feet. "Wake Forest is an excellent example of a large-scale, geographically- distributed organization that is maximizing its Asset Performance Management system," said Larry Blackwell, CEO of Datastream. "The university is using Datastream 7i to simplify and standardize its facilities management processes and improve operations. This ultimately translates into a healthier, safer, more efficient environment for students, faculty and staff." About Wake Forest University Located since 1956 in Winston-Salem, North Carolina, Wake Forest was founded in 1834 in the eastern North Carolina town of Wake Forest. A private, coeducational institution, it has been a university since 1967. The university is comprised of the undergraduate College of Arts and Sciences, the Calloway School of Business and Accountancy, the School of Law, the School of Medicine, the Babcock Graduate School of Management, the Graduate School of Arts and Sciences, and the Divinity School. "Pro Humanitate" for the good of humanity, is the motto of Wake Forest University. Students are encouraged to use their knowledge in service to others, and most participate in some kind of volunteer activity during their time here. Wake Forest University is the second-smallest school in the country to field teams in Division 1-A athletics. Demon Deacon teams compete in the exciting Atlantic Coast Conference and include: for men, football, basketball, golf, baseball, soccer, cross country, and track; and for women, basketball, volleyball, tennis, golf, soccer, field hockey, cross country, and track. Wake Forest's low student:faculty ratio of 10 to 1 encourages personal attention and one-on-one interaction between teachers and students. There are 428 members of the undergraduate faculty who teach students in 34 academic majors as well as interdisciplinary programs. Since launching its nationally recognized technology initiative in the 1990s, Wake Forest has been a leader in the use of technology in education. All undergraduates receive laptop computers and color printers upon enrollment. The computers are upgraded after two years and become the student's property upon graduation. A new high-speed wireless and wired network installed on campus during the summer of 2004 provides more than 680 wireless access points across campus and replaces Wake Forest's original wireless network installed in 2000. The new network places Wake Forest among a small group of colleges and universities that offer high-speed wireless Internet access in nearly every campus building. Around-the-clock support is available from student technology advisers. Wake Forest is distinguished by small classes, expansive resources, outstanding academic quality and a commitment to liberal arts education. About Datastream Systems, Inc. Datastream Systems, Inc. (NASDAQ:DSTME) provides Asset Performance Management software and services to enterprises worldwide, including more than 65 percent of the Fortune 500. Datastream's solutions combine world-class asset management functionality with advanced analytics to deliver a powerful platform for optimizing enterprise asset performance. By using Datastream's solutions, customers can maintain and manage capital assets -- such as manufacturing equipment, vehicle fleets and buildings -- and create analyses and forecasts so they can take action to improve future performance. Datastream's flagship product, Datastream 7i, delivers a complete Asset Performance Management infrastructure by combining an Internet, web services architecture with broad enterprise asset management functionality, integrated procurement, advanced analytics and multi-site capability. Datastream was founded in 1986 and has customers in more than 140 countries. For more information, visit http://www.datastream.net/. Datastream and Datastream 7i are marks of Datastream Systems, Inc. ("Datastream" or the "Company"). All other products or Company names mentioned are used for identification purposes only and may be trademarks of their respective owners. Statements in this release contain forward looking statements that involve uncertainties and risks. These and other factors are described in detail in our Annual Report on Form 10-K/A for the fiscal year ended December 31, 2003 and our quarterly report on Form 10-Q for the quarter ending September 30, 2004. All statements made in this press release are made only as of the date set forth at the beginning of this release. Datastream undertakes no obligation to update the information in this release in the event facts or circumstances subsequently change. Investor Relations and Media Inquiries Lisa Anderson Datastream Systems, Inc. 1-864-422-5464 Andy Murphy SparkSource, Inc. 1-781-274-6061 DATASOURCE: Datastream Systems, Inc. CONTACT: Lisa Anderson of Datastream Systems, Inc., +1-864-422-5464, ; or Andy Murphy of SparkSource, Inc., +1-781-274-6061, Web site: http://www.datastream.net/

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