Nov. 09, 2009

Santa Marta International Terminal Company (SMITCO) to Deploy Tideworks Technology’s Mainsail Terminal Management System®

Colombian Operator Boosting Productivity with Implementation of New TOS

SEATTLE -- Tideworks Technology and Santa Marta International Terminal Company (SMITCO), a joint venture between Manzanillo International Terminal-Panama, S.A. (MIT) and Sociedad Portuaria de Santa Marta (SPSM), today announced the finalization of an agreement for the implementation of Tideworks’ Mainsail Terminal Management System®. SMITCO has already been utilizing Tideworks’ container planning software, Spinnaker Planning Management System®, to graphically plan yard and vessel activities and increase operational efficiencies. With the addition of Mainsail, the joint venture operator will now have the ability to leverage the full capabilities of Tideworks’ TOS (terminal operating system) to manage inventory, control gate activity, exchange information with customers and stakeholders, and further boost productivity. The installation and implementation of systems in Santa Marta are slated to be complete before the end of the year.

Tideworks’ graphical planning system, Spinnaker, was implemented in a stand-alone fashion during an earlier phase, allowing SMITCO to immediately begin reaping the benefits of a modern terminal system with minimal investment. SMITCO has seen an increase in productivity from 12 to 24 containers per hour and credits this boost, in large part, to the introduction of Tideworks’ systems.

“Tideworks’ systems provide complete control and visibility into our operations,” stated Jaime Sasso, general manager of SMITCO. “We expect to see further increases in productivity and efficiency with the implementation of Mainsail. In the end, it is all about providing better and more reliable service to SMITCO’s customers, and Tideworks helps us do that.”