UMS Group Inc. Appointed a PAS 55 Endorsed Assessor by the Institute of Asset Management

By Ums Group Inc., PRNE
Monday, August 23, 2010

PARSIPPANY, New Jersey, August 24, 2010 - UMS Group is pleased to announce its appointment by the Institute of
Asset Management as a PAS 55 Endorsed Assessor. This appointment will enable
us to certify compliance with Publicly Available Specification 55 - the
emerging global standard for Asset Management excellence, and now on the path
to becoming an ISO Standard. As one of the contributors to the evolution of
PAS 55, we at UMS Group are proud to be among the initial group of 12
Endorsed Assessors.

UMS Group has broad experience in applying PAS 55 standards to helping
clients recognize gaps in their Asset Management capabilities and design
improvement initiatives. We have been committed to thought leadership in this
area since 1992, when we documented Asset Management global best practices at
the forefront of the utility industry. In the late 90's, UMS Group
established a rigorous methodology for assessing client's Asset Management
maturity and identifying gaps to leading edge Asset Management effectiveness.
This methodology has been utilized to assess scores of client organizations
in the utility and transportation sectors. In addition, UMS Group has
facilitated numerous large scale transformations of major corporations from a
traditional functional orientation to process-based Asset Management driven
philosophy for running their business.

Since the 2004 release of PAS 55, UMS Group has adapted our methodologies
to align them with the PAS 55 framework, while leveraging our proprietary
tools and delivery systems for more efficient delivery of PAS 55 assessments.
Our transformation tool kit, includes leading edge organization designs,
performance measurement frameworks, culture change and leadership development
capabilities and decision support tools, and is a powerful enabler to
enhancing the value and effectiveness from asset management at any stage in
the Asset Management journey.

UMS Group is a management consultancy specializing in electric, gas,
water and transportation asset and performance management. With offices in
the Netherlands, Australia and the US, UMS Group actively serves a global
client base in North and South America, Europe, the Mideast, Africa, Asia and
Australia/New Zealand.

For more information, visit our website at
or email

    Diane Durante

Diane Durante, +1-973-335-3555, ddurante at

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