October 28, 2014

| 2 min read

Despite slowed economic growth, record numbers of new customers adopted Maintenance Assistant’s CMMS maintenance software, resulting in the company’s best quarter to date

Toronto, Ontario – October 28, 2014 – Maintenance Assistant Inc today announced another record quarter of operating results driven by increased demand for its easy-to-use, cloud-based CMMS. “In Q3, we realized a number of significant accomplishments across our business,” said James Novak, Executive Vice President. “Another record revenue quarter, highest grossing month of revenue, and most net new customer additions. We also entered into a strategic collaboration with GoFleet Inc, a global provider of fleet telematics solutions, with an integrated solution built with the MA Connect™ API and suite of tools.”

“Our third quarter performance demonstrates our users’ continued passion for MA CMMS™ products, integrations, and the brand,” said Marc Castel, CEO. “Our growth is the result of our deep commitment to improving the way organizations do maintenance. We remain focused on executing our product roadmap and delivering features our customers are asking for, while still continuing to invest in new technologies such as IoT, Mobile, and our development platform.”

New products & features

In Q3, a multitude of new features and improvements were added to MA CMMS™ including a custom report writer, rotating asset tracking, custom branding, and the launch of the new native Mobile application for Android and iOS. Q3 also saw the release of the MA Connect™ API and development tools, which give users the ability to connect their MA CMMS™ to their connected M2M assets or any 3rd Party Software.

In addition, five new MRO suppliers were added to the growing list of vendors in MA Source™, a tool that helps CMMS users find and purchase equipment, parts, and supplies seamlessly inside the app. There are now millions of items listed across seven vendors including Grainger and Amazon, ensuring Maintenance Assistant’s customers get the best prices and the widest selection.

Outlook for Q4

With the launch of the new custom report writer and rotating assets feature, Maintenance Assistant anticipates another strong quarter in Q4. “The powerful report writer takes the complexity out of building custom reports, allowing our customers to unlock their data and generate deep insights into their maintenance operations,” said Bob Kandic, Chief Software Architect. “With an incredibly easy-to-use interface, managers can generate the business intelligence they need to make better decisions around safety, compliance and their overall maintenance operations. The new rotating assets feature uses permission controls to track equipment as it moves between locations, people, vendors, sites and work orders, providing added visibility and accountability and reducing loss.”

Platform-as-a-Service (PaaS) solution

The Q4 roadmap also includes upgrades to the Platform-as-a-Service (PaaS) solution which builds on the MA Connect™ API and MA Source™ capabilities. OEM’s, Solution Providers and Service Organizations can now offer their customers a fully branded maintenance management platform, allowing them to be fully immersed in the post-sales support of their products. Not only can they measure the performance of their installed equipment, they also have control over recommended preventive maintenance plans and can drive additional revenue by providing direct-from-provider parts and scheduling post-sales services. “Our strength is our technology and we see the rollout of our Platform-as-a-Service (PaaS) as a key enabler for OEMs to quickly develop richly integrated, creative business solutions for their customers at a fraction of the price of building their own end to end solution,” commented Daryl Sedgman, President.

About Maintenance Assistant

Maintenance Assistant is one of the fastest growing Enterprise Asset Management and CMMS cloud solution providers. Through cutting-edge design and technology, Maintenance Assistant develops and delivers maintenance software solutions that are used by thousands of asset-intensive businesses around the world to transform their maintenance operations, eliminate waste and costly downtime, and manage risk.

Our robust technology platform enables our partners to build innovative cloud and mobile CMMS solutions for their customers, and participate in the on-going maintenance-related revenues associated with the products and equipment they sell. For a product overview, press releases and additional information about the company, please visit fiixsoftware.com

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