Siemens Building Technologies chooses Riversand PCM solution to streamline and publish product & pricing information.

Riversand’s PCM solution will serve as the centralized platform for the aggregation and syndication of Product and Pricing content to their international sales offices.

HOUSTON, -- February 23, 2004 – Riversand Technologies, (http://www.riversand.com), a Houston-based provider of Product Content Management (PCM) solutions, today announced that Siemens Building Technologies, Inc, (http://www.sbt.siemens.com), selected its PCM software technology in an initiative to centralize all of their product and pricing information for the purposes of syndicating it to their various international sales offices.

Siemens will use Riversand PCM solution to syndicate product and pricing information to their international field estimation tools to manage their building projects. This will enable the international field offices to generate project quotes with the latest, most up-to-date and accurate product and pricing information.

Siemens will begin using the solution to help its international pricing managers and sales directors to access, manage and customize product and pricing information at a region-level. By having secure access to accurate product and pricing information, Siemens sales force will be more responsive to their customers.

"Riversand's solution will enable Siemens corporate office to disseminate accurate product and pricing changes to sales offices across the globe, enabling faster and quicker proposal generation" said Upen Varanasi, VP of Engineering of Riversand.

About Siemens Building Technologies
Headquartered in Buffalo Grove, Ill., Siemens Building Technologies, Inc., is one of 14 Siemens operating companies in the United States and is a leading single-source provider of cost-effective facility performance solutions for the comfort, life safety and security of some of the most technically advanced buildings in the world. In North America, Siemens Building Technologies employs 8,000 people and provides local service from more than 100 locations coast-to-coast. Worldwide, the company has 33,000 employees and operates in 125 countries.

About Riversand Technologies, Inc
Riversand was founded in 2001 with the goal of providing world-class enterprise software to meet the growing demands of global 2000 companies for comprehensive and cost-effective Product Content Management (PCM) solutions.