Sabic chooses Meridium for asset performance management system

Notes and media contacts

About Meridium
Meridium Inc. is the global leader in asset performance management solutions for process, power, mining and discrete manufacturing industries. With Meridium software and services, companies will accelerate profitability through effective asset strategies, thus increasing asset reliability and improving the performance of their production assets.

Developing or improving these asset strategies also has a direct, positive impact on operational excellence by reducing financial, health and safety, and production risk; optimizing maintenance costs; ensuring regulatory compliance and decreasing the potential for undesirable incidents. Industry leaders such as Chevron, LyondellBasell, Marathon Oil, Anglo Platinum, and Xcel Energy rely on Meridium for enterprise wide asset performance. Meridium is headquartered in Roanoke, VA, USA, with regional offices in Houston, TX, USA; Dubai, UAE; Walldorf, Germany; and Perth, Australia.

About Sabic
The world's 5th largest petrochemicals company, Sabic (Saudi Basic Industries Corporation), with headquarters in Riyadh, Saudi Arabia, was founded in 1976, when the Saudi Arabian government decided to use the hydrocarbon gases associated with oil production as raw materials to produce chemicals, polymers and fertilizers.

The Saudi Arabian government owns 70% of Sabic shares with the remaining 30% held by private investors in Saudi Arabia and other Gulf Cooperation Council countries. Sabic's businesses are grouped into six strategic business units, supported by corporate departments and a shared services organization. The SBUs are Basic Chemicals; Polymers; Intermediates; Fertilizers; Specialty Products and Metals. Visit www.sabic.com for more information.

About SBM
Saudi Business Machines Ltd. (SBM), is the general marketing and services representative for IBM in the Kingdom of Saudi Arabia. Meridium has appointed SBM as our exclusive partner and sole representative in the Kingdom of Saudi Arabia, helping leading companies in that country to achieve greater asset performance management. SBM's professional services organization consists of an integrated set of services covering professional consultancy, eBusiness solutions, systems integration, project management, strategic outsourcing, business intelligence services, enterprise resource planning and education & training.

These services are individually tailored to meet specific customer needs and the company thrives on providing value added customer service and business benefits through its well developed intellectual capital.

For further information please contact:
Jane Bailey of Meridium
Tel:+1-540-344-9205,