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Remsoft Helps Coillte Improve Forest Resource Management as Demand for Irish Wood Exports Increases

March 17th, 2011

FREDERICTON, New Brunswick–March 17, 2011 –Remsoft, the world’s leading provider of asset lifecycle optimization solutions for land-based and infrastructure assets, today announced that Coillte, Ireland’s largest forestry and forest products company, has selected Remsoft’s technology to improve resource planning, better manage sustainable development and increase financial savings. The implementation of Remsoft technology will also enable Coillte to evaluate the impact of an environmental, managerial or economic change on its operations, track long-term carbon sequestration and remain in compliance with environmental certification programs. Additionally, Remsoft’s technology will help Coillte more efficiently and sustainably meet the global demand for Irish wood exports, which has experienced a significant increase since 2009.

In the near-term, Coillte will use Remsoft to optimize the maintenance and repair of roads that run throughout its forests. In using Remsoft’s optimization solutions, Coillte will significantly reduce contracting costs associated with the construction of new roads planned over the  next four years. However, it’s the long-term sustainable growth and improved resource planning that Remsoft’s technology enables that will allow Coillte to save millions while managing the forest in a sustainable and economically efficient manner.

“Coillte manages natural resources in innovative and sustainable ways. With the international demand for Irish wood exports on the rise, it’s imperative that our country meet this global demand sustainably, which is why Coillte partnered with Remsoft. The ability to better optimize our forest assets to both meet market demand and harvest production schedules while maintaining the long-term health of our forests is incredibly important,” said Gerard Murphy, Managing Director Coillte Forest. “In using Remsoft’s technology, we now have a stronger strategic perspective on forest resource management and the ability to make better decisions based on fact-supported analysis.”

“While the United Nations has declared 2011 the ‘International Year of Forests’ to raise awareness of the sustainable management, development and conservation of forests, the notion of sustainability has been a maxim at Remsoft since its origins in the mid ‘90s,” said Andrea Feunekes, co-CEO of Remsoft. “Coillte is a perfect example of how forestry companies can take the UN declaration to heart and maintain sustainable growth in a way that positively affects the company itself.”

Additional benefits that Coillte expects from its Remsoft investment include stronger trade-off analysis, better risk management, and greater transparency.  These improvements will help the company perform test scenarios that take into consideration costly factors such as alternative tree species, location, aerial fertilization and more; minimize risk by considering all possible “what ifs?” including unplanned events; and improve the decision makers’ ability to drill-down on any aspect of a strategy with fact-supported plans, clearly defined goals, objectives and trade-off analysis results.

For more information about Remsoft products or services, please call +1-506-450-1511 or email info@remsoft.com.

About Coillte 
Coillte’s core purpose is to enrich lives locally, nationally and globally through the innovative and sustainable management of natural resources. Coillte is a commercial company operating in forestry, land based businesses, renewable energy and panel products. The company employs approximately 1,000 people and was established in 1988. It owns over 445,000 hectares of land, which is about 7 percent of the land cover of Ireland. For more information, please visit www.coillte.ie.

About Remsoft
Remsoft provides asset lifecycle optimization solutions that empower executives to maximize the performance and value of land-based and infrastructure assets.  Through advanced analytics, modeling and spatial planning technology, Remsoft simplifies complex, high-variable decisions to fuel long-term sustainability.  Hundreds of organizations worldwide utilize Remsoft software to make the most of their resources and assets.  For more information, please visit www.remsoft.com.

Media Contact
Sandi MacKinnon
+1 506 450 1511
info@remsoft.com

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