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Property Management Industry Expert Andy Anderson Joins AssetSmart

Leading Provider of Global Asset Management Solutions Expands Business Development Team

SANTA MONICA, California (October 29, 2007)  – AssetSmart®, the global leader in integrated asset management technology, today announced the addition of renowned property management expert Andy Anderson to the company’s business development team. Leveraging Anderson’s four decades of property management experience, prospective clients will work directly with Anderson to determine how best to use strategic asset management principles to meet the unique needs of their organization.

"I am really pleased to be working with Andy once again," said Robert Kaehler, SVP Sales and Marketing of AssetSmart. "We did a lot of great things together in the past, and look forward to what we will accomplish in the future. Customers and prospective users of AssetSmart software will benefit from Andy's deep experience with property management and government operations as they realize the true value of adopting asset management best practices within their global environments."

"I am thrilled to join AssetSmart and take its solution to companies who are looking to support a strategic asset management initiative across the enterprise," said Andy Anderson. "AssetSmart's suite of property management applications is the most sophisticated and robust on the market today, and will help standardize business processes and deliver significant cost savings for today’s complex, global organizations."

Anderson is a renowned instructor and management consultant for international companies, enterprise organizations, and government agencies throughout the United States, in addition to a number of foreign governments. He has held senior logistics and property management positions in military, government, defense industry, and non-profit research and development institutions. In each, he oversaw large scale Asset Management systems and their related processes. Anderson is a graduate of the University of Hawaii, is married, and lives in San Jose, California.

About AssetSmart

Founded in 1971, AssetSmart (www.assetsmart.com) provides a comprehensive suite of integrated asset, test equipment, and material management solutions for aerospace, defense, electronics, communications, manufacturing, and government organizations. Assetsmart is offered by PMS Systems Corporation (CAGE Code 7M804, Veteran-owned Small Business) under GSA Schedule 70 Contract GS-35F-0298V. Assetsmart's headquarters located at 26707 Agoura Road, Suite 201 Calabasas, CA 91302, United States. For more information about assetsmart, please visit: www.assetsmart.com.

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(800) 755-3968