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For Immediate Release

Dyadem Launches Enterprise-Level SmartMOC™ For Effective Management Of Change

SmartMOC™ Automates and Simplifies MOC Administration in Real-Time To Yield Higher Productivity and Augment Safety Levels

RICHMOND HILL, ON – February 1, 2005 - Dyadem International Ltd. today announced the general availability of SmartMOC™, a dedicated enterprise-level software application designed to streamline Management of Change (MOC) processes. By employing this web-based, innovative technology to take on the role of a Project Administrator, companies benefit from better resource utilization and a more efficient and responsive MOC process. With SmartMOC, steps within the process are not allowed to be ignored or forgotten, ensuring that no change occurs without the proper scrutiny and approvals. SmartMOC notifies each person as they are requested to do a task and facilitates information exchange among team members, ensuring that MOC projects are on schedule and reports are documented on completion. SmartMOC offers real-time information about the status of every MOC project so that Management has a complete overview of all changes and where they are in the process at any time. This establishes an enterprise-level project management capability with a dynamic executive dashboard that can orchestrate or analyze changes at different levels, ranging from a single facility to a national or global level. “Today's business landscape drives companies to make changes to their processes or infrastructure in order to respond quickly to market conditions and competitive pressures. Managing change effectively thus becomes a critical business strategy,” said Kevin North, Executive Vice-President, Dyadem International Ltd. “SmartMOC enables companies to undertake these changes swiftly and systematically, giving them the ability to optimize operational efficiency as well as protect overall productivity and safety levels.” SmartMOC supports multiple forms and workflows on a single installation and integrates seamlessly with PHA-Pro®, Dyadem's industry-leading Process Hazards Analysis software, to enhance a company's safety levels. PHA-Pro identifies risks and recommendations associated with each change and SmartMOC follows through with the implementation, resulting in a systematic reduction of risks. SmartMOC provides an auditable trail of a company's MOC process, ensuring that it is compliant with OSHA 29 CFR 1910.119 and EPA 40 CFR Part 68.75. It also allows information to be shared among facilities without having to transfer physical data among sites since all the information is stored on the central servers. This promotes the sharing of information and eliminates the duplication of files, an important factor for ISO series compliance. Other key features and benefits of SmartMOC include: Security : SmartMOC supports enterprise level role-based security with user identification, authentication and authorization. Flexibility : SmartMOC uses a very flexible data-driven architecture that accommodates customized workflows, forms and documents. Information Management : The SmartMOC database is a robust repository of all online and offline information from existing as well as past MOC projects. This is useful for PHA revalidations or compliance audits. Easy to Use : SmartMOC's user-friendly interface and design provide a more intuitive user experience, promoting a high adoption rate and rapid ramp-up. Users can also track the real-time status of their projects and, if granted access, they can view the progress of other projects – an attribute management greatly appreciates. Multiple Workflows : SmartMOC provides a complete set of predefined permanent, temporary and emergency MOC workflows to cover a wide variety of changes. Group Management : Users are assigned specific roles, which define their tasks and responsibilities within SmartMOC. The Group Management feature facilitates communication among teams and enables team effort on the analysis and implementation of each change. About Dyadem International Ltd. Dyadem International Ltd. provides software and services that empower companies to mitigate risks, achieve regulatory compliance, plan for business continuity and improve their profitability. Their solutions cover a wide scope of risk management: Project Management, Process Safety, Security & Vulnerability Analysis, Workplace Safety, and Reliability and Quality Control. For more information, visit www.dyadem.com. © 2005 Dyadem International Ltd. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.