News ReleaseRensselaer Polytechnic Institute Chooses Siterra to Streamline Construction ProjectSiterra Reduces Construction Project Costs for the Higher Education Market NOVATO, Calif. — July 24, 2006 — Siterra Corporation, the leading provider of project, document and property management solutions for organizations that manage large numbers of high value real estate and operating assets, today announced its commitment to providing project management solutions to the higher education market. Siterra also announced that Rensselaer Polytechnic Institute will use the Siterra Project Management Module to enhance and streamline the management of construction projects and maintain fiscal integrity of those projects. "Known for its technological innovation and entrepreneurial approach in the classroom, Rensselaer has applied these same principles to their management of campus construction projects," said Bernard Fried, CEO of Siterra. "With Siterra Project Management, they can move beyond spreadsheets to a Web-based, collaborative environment that dramatically simplifies and improves the management of timelines and budgets." The Siterra Project Management Module streamlines site development, site modification and other site project initiatives with an integrated project, document and workflow application. Its rich process management functionality enables users to track multiple projects and compress project schedules using automatic notifications. Because all project-specific documentation is stored in a central repository, users can work collaboratively on key documents, avoid document delivery costs, and gain visibility into project data within a single project or across multiple projects. The tool also provides invaluable functionality to track project costs and manage them against pre-defined budgets. The Siterra full lifecycle solution for real estate management enables organizations to dramatically lower unnecessary operational expenditures. The Siterra Project Management Module is one of many modules that comprise the Siterra Real Estate Management Solution. Other product modules include Lease Management, Facilities Management, Asset Management and Business Intelligence. The Siterra lifecycle solution offers a single integrated solution that eliminates data discrepancies and multiple date entry points. In addition, the system integrates seamlessly with all ERP and accounting systems. About Rensselaer Polytechnic InstituteRensselaer provides technology-based education with an expanding emphasis on the pursuit of discovery. Its campuses in Troy, New York, and Hartford, Conn. feature interactive classrooms that are a model for intellectual engagement. Rensselaer research has produced groundbreaking work in a broad range of important areas including biotechnology, information technology and nanotechnology. Rensselaer will use Siterra Project Management to accelerate project build-outs and to reduce construction-related project management costs. The software will enable RPI to manage complex development projects. "Rensselaer typically manages a number of projects simultaneously," said Steve Schwan, a Senior Business Manager for Rensselaer. "Depending on the needs of our community, projects at any given time may include new construction or modification of buildings, parking structures, and utilities, each of which are complex projects in and of themselves. Siterra simplifies the management of multiple complex projects." Mr. Schwan noted that the Siterra Project Management module has the dual benefit of providing a high-level overview of all projects as well as deep project-specific data. Immediate access to this information improves team communication as well as the decision-making process. Across their entire project portfolio, Rensselaer can ensure that approvals and permits are secured, timelines are met and budgets are well managed. About SiterraSiterra Corporation is the leading provider of Web-based, collaborative software solutions for the lifecycle management of property and operating assets in the wireless, retail, corporate real estate and energy markets. Founded in 2001 and backed by leading technology investment firms, Siterra uniquely enables organizations with geographically dispersed assets to accelerate the development and construction of new sites and properties and streamline their leasing, ongoing operation and maintenance activities, significantly increasing their return on investment. Siterra's solutions are used in connection with more than 300,000 properties and assets worldwide for companies of every size. For more information, please visit www.siterra.com. Contact:Daryl Horn |
