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AMS and NRX Form Strategic Partnership

ANCHORAGE, Alaska, May 12 /PRNewswire/ -- Asset Management Services (AMS), a subsidiary of Associated Service Companies International (ASCI), a global leader in supply chain management services, has entered into a strategic partnership with NRX Global Inc., the leader in Asset Lifecycle Information Management (ALIM) software.

NRX was actively seeking a partner with a high level of expertise in capital project services and recognized AMS as one of the few companies worldwide with specific expertise in the very complex and highly specialized area of asset data governance. By building competency around NRX Asset Hub (an SAP-Endorsed Business Solution), AMS' Project Transition Services enhances its capabilities toward the ultimate goal of delivering complete, organized data to operations groups at commissioning.

The new partnership will initially focus primarily, but not exclusively, on the North American oil and gas industry. While NRX has established significant market share in both upstream and downstream operations, the partnership with AMS is expected to accelerate NRX's penetration of upstream operations, where AMS is an established industry leader.

"It is our belief that the mature products, strong management, and strategic vision of NRX, combined with AMS' services delivery and complementary software, allows us to offer a portfolio of solutions that capital-intensive industries desperately need," said Mike Schwarz, VP of Business Development for ASCI.

"Partnering with AMS gives NRX access to a team of skilled professionals with strong domain expertise that are capable of implementing our ALIM solutions, which is critical as we continue to establish NRX as the leader in this rapidly growing market," stated Richard Neidert, SVP Global Sales, Marketing and Services for NRX.

For more information about AMS, please visit www.ascillc.com.

For more information about NRX, please visit www.nrx.com.

About Associated Service Companies International LLC
ASCI, a high-performance supply chain and asset management firm, delivers efficiency and impressive return on investment when no one else can. Based in Anchorage, Alaska, since 1999, ASCI has a strong reputation for safety, highly skilled personnel, and consistent adaptation to new challenges. By incorporating solid strategy, planning, and state-of-the-art technology, ASCI has become a global leader in the delivery of supply chain and asset management solutions to asset-intensive industries.

About NRX Global Inc.
NRX Global Inc. is the global market leader in Asset Lifecycle Information Management (ALIM) software. Leading companies in asset intensive industries use NRX solutions to dramatically reduce the time and cost needed to achieve full production on complex capital projects. For critical assets that are in operation, NRX solutions enable clients to significantly increase asset productivity and materially reduce operating, safety, and compliance risk and costs over the operating life of the assets.

Source: Associated Service Companies International



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