Software plans manpower requirements in airline industry.
Press Release Summary:
Altitude® Manpower Planning (MPP) system provides tools to plan optimal and cost effective manpower levels for projected fleet schedule plan. Cost analysis tool allows planners to evaluate different options, scenarios, and short- or long-term schedules. System is able to run what-if scenarios and react to unforeseen crew shortages. Integrated via common data system, it provides sufficient staffing levels for every applicable aircraft category.
Original Press Release:
AD OPT Technologies Launches Altitude Manpower Planning System
MONTREAL, CANADA, August 14, 2002 -AD OPT Technologies Inc. ("AD OPT") (TSX: AOP) a leading developer and vendor of advanced workforce management solutions, today announced the official launch of their Altitude® Manpower Planning (MPP) system - the latest airline software solution to join the renowned Altitude suite of products.
Under the current economic environment, airlines must maximize operational efficiency and reduce expenses. Now more than ever, establishing the proper crew staffing levels has become essential. AD OPT's Altitude MPP provides airline organizations with the tools needed to plan optimal and cost effective crew manpower levels, required to efficiently optimize a projected fleet schedule plan. A powerful cost analysis tool, Altitude MPP allows planners to evaluate different options or scenarios, even long-term schedules proposed by the marketing department.
"Our team of scheduling specialists has conducted extensive research with current clients and prospects to determine the pending needs of the airline industry," said Tom Ivaskiv, President and CEO, AD OPT. "Altitude MPP offers several key advantages over existing manpower planning solutions, including; the ability to run comprehensive 'what if" scenarios and quickly react to unforeseen crew shortages. As the most robust manpower planning tool on the market, we believe that Altitude MPP is well positioned to capitalize on the growing demand for an efficient and cost-effective manpower planning tool."
Both short-term and long-term planning is possible with Altitude's Manpower Planning system. Integrated by a common data system, Altitude MPP allows airlines to establish and maintain manpower requirements. Once the long-term plan has been established, the system is used for short-term planning and performing the equipment bid award. One of the main differentiating features of the Altitude MPP system is its capability to provide sufficient staffing levels of qualified and properly trained crewmembers for every applicable category of aircraft, taking training capacity into consideration.
"As the only system currently on the market that offers all the functionalities necessary to plan every aspect of crew staffing while concurrently allowing the operation of this plan and its maintenance to be conducted daily, we consider Altitude MPP to be the "best emerging new product" on the market," added Paul Bourgon, Divisional Vice President, Altitude. "A stand-alone solution or fully integrated with our PBS system, Altitude MPP dynamically complies with company and regulatory rules."
When addressing all these aspects through an integrated technology such as the one proposed with the AD OPT system, significant cost savings can be realized. The system is applicable to both pilots and flight attendants.
About AD OPT
AD OPT's products, based on proprietary mathematical algorithms, serve as workforce planning and scheduling tools that allow companies with large and complex scheduling functions to quantify labor costs, enhance planning capabilities, and improve quality of life for employees. AD OPT's leading applications include ShiftLogic(TM) SL5(TM) for large-sized, labor-intensive enterprises in manufacturing, transportation and other promising industries, Altitude® for airlines, and Railways for the rail transportation industry. The Company also provides scheduling solutions for the healthcare industry through their wholly owned subsidiary, Total Care Technologies, and its ESP® and expert applications. Currently, the Company is pursuing an aggressive growth strategy that will leverage its workforce scheduling know-how and applications into new labor-intensive vertical markets.
AD OPT is a Montreal based public company with 10,935,071 shares outstanding. The Company's common shares trade on the Toronto Stock Exchange (TSX) under the symbol "AOP." For additional information you can visit AD OPT at www.ad-opt.com.
For more information, please contact:
Dave Mason
Investor Relations
The Equicom Group Inc.
416-815-0700 ext. 237
E-mail: dmason@equicomgroup.com
Donna Farnworth
Chief Financial Officer
AD OPT Technologies Inc.
514-345-0580 ext. 344
E-mail : dfarnworth@ad-opt.com
Hellen Diamantakis
Marketing Communications Manager
AD OPT Technologies Inc.
514-345-0580 ext. 250
E-mail: hdiamant@ad-opt.com
