ATP Press Release

SIA Engineering Company and ATP Software Solutions Sign MOU to Collaborate in Data Analytics

ATP San Francisco Offices
MOU Signing

SINGAPORE, February 9, 2018. – Mainboard-listed SIA Engineering Company Limited (“SIAEC”) today announced the signing of a Memorandum of Understanding (“MOU”) with CaseBank Technologies (“CaseBank”) – a division of Aircraft Technical Publishers (“ATP”) and the leading provider of integrated diagnostic and troubleshooting software solutions – to collaborate in the field of data analytics.

Under the MOU, the parties will explore collaborating in the areas of research, development and commercialisation of advanced diagnostic software, for use in the aviation industry.  The deployment of advanced diagnostic software during aircraft maintenance will streamline the troubleshooting process and reduce aircraft maintenance downtime and component removal costs.

This collaboration combines CaseBank’s experience in developing and providing software and services, with SIAEC’s engineering and maintenance, repair and overhaul (“MRO”) expertise, to provide airline customers worldwide with enhanced aircraft maintenance solutions.

CaseBank’s guided diagnostic software employs “hybrid reasoning,” the core technology that combines engineering knowledge with field experience to drive the company’s integrated solutions for servicing complex equipment, improving uptime and performance.

“We believe the combination of these efforts with CaseBank will benefit our airline customers. This collaboration enables us to jointly deliver a solution that will improve the accuracy of fault isolation and corrective actions through the use of analytics,” said Mr Foo Kean Shuh, Senior Vice President Innovation & Technology of SIAEC.

“We are pleased to partner with SIAEC on this project, which is the culmination of our efforts over the past 18 months,” said Mr Rick Noble, Chief Executive Officer of CaseBank Technologies and parent company, ATP. “In 2017, SIAEC also began using our ChronicX solution to increase aircraft availability and improve repair efficiency. We believe the combination of these efforts will be a great benefit for SIAEC and CaseBank Technologies.”

The transaction is not expected to have a material impact on the financial performance of SIAEC in FY2017/18. None of the Directors of SIAEC has any interest, direct or indirect, in the transaction.

About ATP.

ATP is the leading provider of aviation software and information services.

Our innovative product lines, including Flightdocs, Aviation Hub, ChronicX, and SpotLight, reduce operating costs, improve aircraft reliability, and support technical knowledge sharing and collaboration in all aviation and aerospace industry sectors.

The products and services of ATP support more than 75,000 aircraft maintenance professionals worldwide. As a global company, ATP has more than 7,500 customers in 137 countries and partnerships with over 90 OEMs.

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