myDIALS Announces Global Partner Program

Partners and Clients Benefit From Sustainable Operations Improvement With Interactive Performance Management Platform


LAFAYETTE, CO--(Marketwire - February 11, 2008) - myDIALS, a company pioneering a new industry standard in operational performance management, today announced its Global Partner Program, with nine initial partners in the United States, Australia and Europe. The first performance management solution to effectively link and immediately present operations and business metrics as they change, myDIALS' hosted software provides an interactive display for consistent, timely analysis of operations, production and business metrics. Through its partner ecosystem, myDIALS encapsulates vertical industry expertise, improvement methodologies and guided diagnosis, which can be customized for a specific company and personalized to individual roles. With myDIALS, partners gain a new annuity revenue stream and can ensure sustainable performance improvement among their client base, while clients can leverage the partners' best practices to enhance their performance improvement initiatives.

Initial myDIALS partners include Coherence Consulting, Efficiency Works, Evolving Collaborations, OPX Solutions, Performance Diagnostics, Inc., PPC-Consulting, Praesto Lean Solutions, Tolerro and X-Stream Lean, which comprise a range of industry experience, such as Six Sigma, Lean, distribution channel performance improvement and asset optimization.

Coherence Consulting partners with myDIALS to deliver performance improvement by focusing on the underlying interconnected business and operational processes. "All companies need to monitor their key performance indicators. However, this is a cumbersome, time- and resource-intensive task, which frequently leads to nothing more than static reports that require further analysis to provide any useful information," said Dave Sauder, Managing Principal, Coherence Consulting. "myDIALS provides a simple, cost-effective way to present financial and operations information dynamically, eliminating 'analysis paralysis' and allowing management to focus on results and necessary follow-up actions. By continually presenting consistent metrics throughout the organization, myDIALS helps companies to meet or exceed the related business goals and objectives, and reduces or fully eliminates the costs associated with manually gathering, formatting and analyzing data."

To support operational improvement methodologies and deliver further benefits within the Global Partner Program, myDIALS:

--  ensures quick implementation, resulting in rapid time-to-value for the
    client;
--  establishes a performance baseline and tracks improvements by
    visualizing KPIs;
--  ensures sustainability of improvements by enabling operational staff
    to continue monitoring KPIs, and partners to embed expertise for ongoing
    diagnosis and correction of operational issues;
--  identifies ongoing areas for performance improvement, resulting in
    additional consulting opportunities for partners;
--  provides revenue sharing to the partner for each industry or process
    module that encapsulates their methodology and expertise.
    

"We set our solution apart by offering clients valuable content around best practices in the myDIALS modules. Our partners are specialists in all aspects of operational performance improvement initiatives, and they are critical in capturing and delivering this industry and business process knowledge embedded in our software," said Scott Price, Vice President of Sales, myDIALS. "We are committed to a long-term relationship with our partners, and reward them accordingly with a high percentage of fees for the lifetime of the client."

The myDIALS Partner Program, aimed primarily at consulting firms with a performance improvement practice, includes comprehensive training, sales support, technical support and professional services. Additionally, the myDIALS Software as a Service (SaaS) model provides partners with annuity revenue: fees for qualified referrals on the initial subscription and subsequent renewals.

myDIALS Company Launch

Also announced today is the official myDIALS company and product launch. See www.mydials.com for more information.

About myDIALS

myDIALS is backed by private investors and a strong advisory board. The management team has more than 15 decades of experience in executive management, IT, systems development, automated control systems, and consulting in the manufacturing, mining/metals, manufacturing, food & beverage, and utilities industries. Building on their experience as executives of Citect Corporation, an industrial automation software company listed on the Australian Stock Exchange, CEO Wayne Morris and CTO Peter Long founded myDIALS to extend operational performance improvement beyond manufacturing, to all areas of business and operations in order to support operational excellence across the enterprise.

myDIALS is pioneering a new industry standard in operational performance management with real-time Key Performance Indicator (KPI) visualization that combines operations and business performance metrics. Offering unparalleled usability for decision makers, the hosted software solution extracts real-time metrics and calculates KPIs and associated Key Performance Drivers (KPDs) across all business roles, processes and value streams. In conjunction with its partner ecosystem, myDIALS delivers embedded vertical industry and value stream expertise, as well as improvement methodologies and guided diagnosis to help customers gain a deeper understanding of the factors that fuel their business. With myDIALS, customers can quickly resolve operational issues and capitalize on opportunities, while maximizing the value of their existing environment. Visit www.mydials.com for more information.