Riva Awarded Million Dollar Contract by Washington Suburban Sanitary Commission for Asset Investment Planning

TORONTO, July 13, 2012 /CNW/ - Ian Woodbury, President and CEO of Riva Modeling Systems Inc., today announced the award of a major software contract from the Washington Suburban Sanitary Commission (WSSC) for the supply of software and services to automate their asset management and capital planning program. This is the latest step in a multi-year asset management program by WSSC to apply asset management principles to investment decision making.

The award follows a RFP process where WSSC evaluated competitive offerings available in the marketplace.

"We are excited to be working with WSSC, a recognized leader in the water utility industry," said Mr. Woodbury. "This project will keep them at the forefront of efficiency and transparency in capital planning."

Riva's Asset Investment Planning software is used by clients throughout North America and Asia Pacific. It builds asset life cycle plans, allowing clients to optimize asset spending and manage asset risk. Riva's solution integrates with client ERP systems, Maintenance Management systems and GIS to deliver a continuously up-to-date, long-term capital plan to the enterprise.

The project is starting in July 2012 and will complete by early 2013. RJN Group and Latis Associates will be assisting Riva in the implementation, providing local experience and expertise in water and waste water assets.

About WSSC

Established in 1918, today WSSC is among the largest water and wastewater utilities in the USA, with a network of nearly 5,600 miles of fresh water pipeline and more than 5,400 miles of sewer pipeline. Its service area spans nearly 1,000 square miles in Prince George's and Montgomery counties serving 1.8 million residents through approximately 460,000 customer accounts.

About Riva Modeling Systems Inc.

Riva Modeling Systems Inc., founded in 2003, is a leading supplier of software solutions for advanced asset management, including Asset Investment Planning, Asset Capital Planning, Decision Support, Asset Optimization, and Asset Depreciation and Asset Settlement.

For further information visit www.rivamodeling.com or contact Richard Cook, V.P. Sales, Riva Modeling Systems Inc. 416-767 0265 ext. 251