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Officers

 

DATASTREAMing 
your asset management

Technology
Software
NASD:  DSTM  

Datastream Systems Inc.

50 Datastream Plaza
Greenville, SC  29605

Dr. Larry G. Blackwell
Chairman, President and
Chief Executive Officer  

Interview conducted by:
Diane Reynolds
, Co-Publisher

CEOCFOinterviews.com
February 2001

Bio of CEO


Larry Blackwell, founder of Datastream systems, has served as chairman of the board, chief executive officer and president of the Company from its inception in 1986. Prior to founding Datastream, he co-founded and served as chairman of the board of EDI Technology Companies, an environmental process engineering consulting company. Blackwell holds a Bachelor of Science degree in Engineering from the University of Mississippi, a Master of Science degree from the Georgia Institute of Technology and a Ph.D. in Environmental Systems Engineering from Clemson University. He has received numerous business and engineering honors including being named Inc. Magazine's "Entrepreneur of the Year" for the State of South Carolina.

About Datastream Systems Inc 

Datastream Systems (NASDAQ: DSTM) helps companies achieve superior returns on investment through its award-winning line of enterprise asset management (EAM) systems and on-line industrial procurement tools and applications. Datastream provides all software, installation, training, and consulting to assist customers at every stage of an asset’s lifecycle, including controlling spare parts inventories, scheduling tasks to reduce equipment downtime, and expediting the purchasing process.  Through the successful implementation of asset lifecycle management systems, companies can reduce costs up to 30 percent and add significantly to their bottom line 

Datastream's commitment to innovative and affordable software for asset management professionals has resulted in sales of over 60,000 system units worldwide. In 1999, Datastream accounted for more than 56 percent of the unit market share* of EAM systems. Datastream provides systems for virtually any size operation, from the single, small shop with basic requirements to the large, multi-site client needing a full-featured enterprise solution. Our customers represent manufacturing industries, such as aerospace/defense, automotive, commercial machinery, oil and gas, paper and pulp, food processing, chemicals and electronics, as well as non-manufacturing industries, such as health care, property management, transportation, telecommunications, and hospitality. Datastream services customers in 129 countries, which includes over 60% of the Fortune 500 

Datastream helps companies buy, track, manage, and sell capital assets. Datastream's products give companies a solution to be proactive throughout the asset management lifecycle.
 
- As Datastream's electronic commerce initiative, iProcure extends the purchasing functionality of EAM software by incorporating the power of the Internet.

- MPXconnect establishes Datastream as the global EAM Application Service Provider by hosting a complete EAM application and handling all software, hardware, and support concerns.

- This highly configurable Enterprise Asset Management (EAM) system is Web-architected, 100% Oracle-based, and designed for large, asset-intensive corporations.

- A 100% pure Internet application, MP2i uses Oracle's Web-architected platform and shares much of the functionality and power that has made MP5i so successful.

- This award-winning maintenance software supports Oracle, Microsoft SQL Server, and Access databases and consists of scalable products for a wide variety of Computerized Maintenance Management Systems needs.

CEOCFOinterviews – How long have you been with the company?

Dr. Blackwell –I have been with the company since the beginning, it was founded in 1986.  Datastream was a part of another company that was a start-up also.  This company was bought out by a large utility.  Datastream was in effect put on the block and we were able to buy it and build it from there. 

CEOCFOinterviews – What is Datastream all about?

To receive a complete copy of this interview call: 570-839-0236

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