DULUTH, MN – August 18th, 2007 – Ascendview LLC, a leader in IT management and automation software today announced a strategic partnership with asset management experts ServTrax, Inc. ServTrax will incorporate Ascendview’s WildMetrix asset discovery technology to automate their business processes.

Utilizing the WildMetrix auto discovery and asset collection modules will extend ServTrax’s ability to quickly discover servers and network devices. In addition, these WildMetrix tools will collect information on the discovered devices such as memory utilization, disk capacity, processor specifications and more. The automated process of WildMetrix asset collection assures accuracy and increases efficiency by greatly reducing manual interaction.

“Here at Ascendview, we are always looking for technical partnerships that yield business opportunities from other industry leaders and ServTrax personifies this kind of alliance”, said Ascendview CIO, Ryan Ringsred.

The ServTrax asset management solution simplifies the process of storing and accessing the detailed information required by IT departments to monitor equipment and the associated maintenance contracts. By partnering with Ascendview and incorporating WildMetrix auto discovery module into their application, ServTrax is able to offer additional savings of time and money for their business partners, which directly translates to improved service for the end users.

ServTrax viewed the intuitive interface and robust framework of WildMetrix and Ascendview’s IT expertise as prime requirements in their search for a technology partner. Ascendview’s proven track record of providing business benefits and industry leadership through the WildMetrix technology cemented the partnership.

“ServTrax is committed to providing our business partners with a valuable tool which allows them to grow their business through superior service. We believe our collaboration with Ascendview and the incorporation of the WildMatrix discovery tool into the ServTrax application is another step toward fulfilling this commitment“, stated Marci McDougald, Director of Sales Services, ServTrax Inc.

About Ascendview
Organizations today are faced with increasingly complex and dynamic business conditions that require rapid decision making. The speed at which they can understand current data in relation to historical data directly impacts their business. In order for companies to stay competitive and reduce costs, they need to deploy better technology that enables faster, smarter decisions. Ascendview is dedicated to meeting these needs.

www.ascendview.com

About ServTrax
ServTrax is a logistical asset management solution developed to fulfill the need of large IT departments by tracking tangible and non-tangible assets being introduced into their business environments on a seemingly daily basis. One the biggest challenges faced is the monitoring of service contracts.

Historically the tools available to help organizations address asset management have been one dimensional. While capable of accounting for tangible assets that can be “tagged” they lack the ability to account for and manage the intangible assets that present themselves in the form of licenses or contracts. While the equipment will often depreciate over its life-cycle, the service contracts associated with that equipment will generally increase in cost on an annual basis. The ServTrax approach to asset management is quite different. Managing and accounting for the service contracts allows customers to fully understand the comprehensive cost of an asset to their organization.