SAN DIEGO, March 4, 2002 -- Peregrine Systems, a global Infrastructure Management software company, today announced the immediate availability of its Transportation 5.0 suite, which provides organizations with a one-stop, integrated solution for efficient maintenance and management of an organization's transportation assets. This suite is comprised of Peregrine's industry-leading Fleet Management, Rail Management and Equipment Management products.

Transportation 5.0 increases productivity and mitigates business risks by enabling organizations to control operational expenses through cost avoidance and cost reduction. Cost reduction is achieved by streamlining processes such as work orders, fuel transactions, inventory management and more. As a result, customers benefit from improved parts and inventory order processing, warranty claims recovery and asset disposition. Peregrine's new application suite also helps companies manage their maintenance schedules more efficiently, thus eliminating unnecessary maintenance procedures.

"By providing an accurate, complete picture of our assets, Transportation 5.0 allows us to manage costs generated by both the fleet and equipment divisions more effectively and improve our operational efficiencies," says Mike Doiron, operations manager at Paramount Farming. "We have been a fleet customer for five years, and the new release of the Transportation 5.0 suite will certainly simplify the way we manage our infrastructure because it consolidates our asset and maintenance management onto one common platform using a single database."

Asset and Maintenance Management
Medium and large organizations such as government entities, manufacturers, utilities, universities, airlines as well as transit and rail operators benefit from Transportation 5.0's full life-cycle asset and maintenance management capabilities because they all manage capital-intensive transportation equipment -- such as cars, trucks, buses, rail cars -- and manufacturing and support equipment used in transportation operations. Other new features include equipment planning and enhanced lease management capabilities. In addition, Transportation 5.0's procurement function allows organizations to reduce and control expenses by ensuring that purchases are adequately processed and authorized.

"Since equipment assets represent a significant capital expenditure, a fully integrated asset and maintenance management solution can have a considerable effect on a company's bottom line," says Gary Oliver, vice president and general manager of Peregrine's Infrastructure Management business unit. "To increase sales and productivity, companies need to have all their equipment up and running at peak performance. Transportation 5.0 enables businesses to operate on a more efficient and profitable level by maximizing the utilization of all their assets and reducing the total cost of asset ownership, which leads to more informed business decisions and better customer service."

Built on a common architecture, Transportation 5.0 can be deployed independently for a single asset type or can be used to manage multiple assets. It can be accessed via LAN, Internet, Intranet or through an application service provider (ASP). Access to critical asset information in a flexible and easy-to-use manner enables businesses to manage expenses, increase return on invested capital and remove costly friction from business operations. Additional features include new wizards for simplified data entry, enhanced email capabilities and the ability to customize screens.

Operations and Linear Asset Modules
The new Operations module for rail operators and transit operations staff provides a powerful, yet easy-to-use system that simplifies the daily tasks of the transportation department by providing critical information required for delivering reliable service. The Operations module also provides easy access to status information and up-to-the-minute optional operations reports by which users can track incidents across the transportation,mechanical and engineering departments. Operations staff can also receive up-to-date information on crews, equipment, schedules, delays, reported defects, FRA/FTA restrictions and scheduled repairs which helps provide optimal service to their passengers. The new Linear Asset module enables organizations to plan and track their linear assets -- such as rail track, pipeline or roadway infrastructure -- more effectively. The Linear Asset module gives customers immediate access to key asset data such as inspection, defect, repair and maintenance details, which leads to more effective decisions about conditions and performance throughout an entire rail or other linear asset system.

About Peregrine
Founded in 1981, Peregrine provides solutions that enable companies to manage infrastructure and achieve a state of frictionless business. Its solutions reduce costs, improve profitability and release capital, generating a lasting and measurable impact on the productivity of assets and people. Peregrine's Infrastructure Management solutions manage the entire lifecycle of an organization's assets, from IT equipment and fleets of vehicles to telecom and facility assets. Peregrine's Employee Self Service solutions facilitate proactive management and empower employees with anytime/anywhere access to these enterprise resources, services and knowledge, and improve productivity, asset utilization and real-time business intelligence. For more information, visit Peregrine's Web site at www.peregrine.com.