AssetWorks Launches AMP, a Comprehensive Software Solution for Property Risk Management

PITTSBURGH, PENNSYLVANIA--(Marketwire - Oct. 1, 2012) - AssetWorks Inc., a leading provider of software solutions to asset- and infrastructure-intensive businesses, today announced the launch of AMP, a software solution for property risk management. AMP which stands for Asset Management Platform offers organizations and risk pools a convenient, efficient, and secure method for managing property data and insurable values.

"With our extensive experience in the appraisal industry and a dedicated software development team, the addition of a comprehensive solution for property risk management is a natural step for us," said Michael Borello, Vice President of AssetWorks Appraisal Services and Fixed Asset Software Division. "We are excited to offer current and prospective customers a solution that can help create efficiencies for their organization and confidence in the reliability of their property and asset related data."

By maintaining information about buildings and structures, property-in-the-open, fixed assets, licensed vehicles, and secondary C.O.P.E. characteristics in one database, the AMP Property Risk Management module can help organizations and risk pools streamline data communication processes and simplify the insurance renewal process. Various levels of user access, approval processes and a complete auditable history ensure the integrity of the data being tracked while a dynamic reporting tool can assist users with data conversion for catastrophe modeling and proof-of-loss documentation in the event of a catastrophe.

AMP will serve as the platform for the next generation of AssetWorks asset, surplus and inventory management solutions. These solutions which can be used in conjunction with AMP Property Risk Management or on their own will be offered alongside of already existing AssetWorks solutions for fixed asset, mobile inventory, fleet, and integrated workplace management.

Upcoming Webinar

To learn more about AMP, join us for a free educational webinar. For more details, visit http://go.assetworks.com/AMPWebinar.html or contact your account manager directly.

About AssetWorks Inc.

AssetWorks Inc. delivers industry-leading business solutions that help asset- and infrastructure-intensive organizations control capital and operating expenditures, reduce operational complexity, and manage regulatory and policy-driven risk. Leveraging a comprehensive portfolio of software and consulting solutions, we help organizations work more efficiently by improving access to shared asset data, promoting greater transparency across the organization, improving service delivery, maximizing asset availability and uptime and reducing total cost of ownership. Using the latest cloud and mobile computing technologies, our asset management solutions and domain expertise help organizations eliminate waste, redundancy, and inefficiency. For more information, visit: www.assetworks.com.