NiSoft has secured a project with Electricity Supply Board (ESB) in Ireland to configure an electronic safety document management solution that can be rolled out across their fleet of power stations. This project will bring NiSoft’s coverage of UK and Irish power stations to almost 75% of the market share.

ESB operate 17 stations in Ireland, with a combination of thermal, hydro and pumped storage stations. The largest installation will be at the coal fired Aghada power station, with a generation capacity of over 900 megawatts. At the other end of the scale, the smallest site will be Lee Hydro stations with a combined capacity of 27 megawatts. ESB regard safe working as an integral part of how they plan and organise business activities and operations. They are confident that NiSoft could provide a safety document management system that would enable them to standardise processes across their fleet.

“ESB came to us with a set of stringent requirements designed to produce a common and consistent approach to safety management across the fleet” said Andy McIvor, Vice President Sales EMEA. “The solution chosen and deployed needed to be scalable, reliable and well proven in the market place. In eclipse NiSoft have a system that can provide exactly what ESB need. Combine this with our ability to be flexible to customer requirements and our strong UK and Ireland customer base, ESB could not have made a better choice.”

Belfast – 05 September 2008 – Crescent Capital has provided funding to support the acquisition and management buy-out of Nisoft (UK) and its US subsidiary, Nisoft LLC. Nisoft is a leading provider of Safety Management Documentation Systems used by continuous processing facilities such as power stations and oil refineries throughout the world.

Participating in the funding and assuming the role of CEO is Doug Deardorf who posseses extensive industry and international market development experience. “This is a unique company possessing a talented team, a leading product and loyal customers, some of whom are the most influential in their sectors. I’m thrilled to have the opportunity to help the company build on its rich legacy.”

Commenting on having initiated the buyout discussions with the two founders over a year ago Deardorf states, “I’m very pleased with how the transaction came together in partnership with Crescent Capital. From our introductory meeting, the team from Crescent has been both creative and supportive. Their involvement will be fundamental to our continued sucess.”

“With installations in over 200 customer sites worldwide, Nisoft is a leading supplier of safety management systems. This provides a strong base from which to expand the business in the markets it serves.” states Colin Walsh, Crescent’s Managing Director. “I was well aware of Nisoft’s accomplishments so when Doug contacted us and expressed his vision and plan for growth we were immediately interested.”

Nisoft was founded in the early 90’s and is proud of its Northern Ireland heritage. Adds Deardorf, “Our first customer was here in Northern Ireland and we are proud and honoured to be serving them to this day. The strong partnership we establish with our customers enables us to continuously enhance our products and services making our products as effective in Asia, Europe, The Middle East and America as it is in the UK.”

The company’s flagship product eclipse, has a direct and positive impact on some of the most fundamental aspects of its cutomers’ business including enhancing plant safety, reducing downtime and increasing a facility’s outout performance. These generate measurable finacial benefits. Eclipse integrates with leading Enterprise Asset Management system through a specialized interface component.

Nisoft’s corporate office and primary developement centre is in Belfast. Sales and support fuctions for Europe, Middle East and Africa are performed from Belfast. The US ans Asia/Pacific regions are supported from offices in Denver and Singapore.