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Centennial Coal Chooses Dyadem to Standardize Risk Assessment

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Centennial Coal Chooses Dyadem to Standardize Risk Assessment

TORONTO, Sept. 22 /PRNewswire/ -- Dyadem, the market leader in Quality Lifecycle Management and Risk Lifecycle Management solutions today announced it has signed a new deal with Centennial Coal Company Limited, the largest independent coal producer in Australia.

Dyadem's software was selected by Centennial to conduct risk assessments and provide management solutions to minimise risk and maintain safety at its 12 New South Wales-based mine sites. The ability to monitor and mitigate risks related to job safety, process hazards, machinery reliability and other operational and environmental aspects allows Centennial Coal to develop vital risk profiles for each of their sites. These profiles will assist Centennial to improve safety, increase mine productivity and protect the environment and therefore support a sustainable business model.

Reducing risk and improving safety are the hallmarks of the mining industry. In addition to monitoring mine ventilation, nauseous gases and other mining related hazards, Centennial is committed to sustainable development and is diligent in preventing, monitoring and reducing any environmental impacts. Using Dyadem's risk assessment and management solutions, Centennial can evaluate procedures closely, and easily identify any high-risk processes which may result in an impact on the environment. This will ensure each sites regulatory compliance and further support the company's place as a responsible corporate citizen.

"Managing safety standards and eliminating risk factors is an important part of our management philosophy," said John Hempenstall, Chief Risk Officer for Centennial Coal. "Our emphasis at Centennial Coal is to stay ahead of the regulator. We don't wait for them to tell us how to make it safe -- we take steps to ensure we are safe and environmentally responsible."

With 12 sites spread across New South Wales, Australia, maintaining consistent risk management standards and proactively identifying high-risk factors has been a time-consuming and resource intensive process for Centennial Coal. Dyadem's risk assessment and management solutions connect a variety of risk assessment methodologies together enabling Centennial Coal to use a single, integrated platform for managing risk across all its locations.

"Standardization and user-friendliness were our top priorities when we chose new Risk Lifecycle Management software," said Hempenstall. "Each of our 1600 employees shares the responsibility of reducing risk at our facilities. Dyadem's software empowers our managers by cutting down on the time they are spending on paperwork and providing a consistent format for everyone."

"In the mining industry, managing risk is crucial not just as a compliance requirement. It is part of being a responsible corporate citizen," said Kevin North, President and CEO of Dyadem. "Our software will assist Centennial to maintain its firm commitment to safety and risk management."

About Dyadem

Founded in 1993, Dyadem is the market leader in Quality Lifecycle Management and Risk Lifecycle Management solutions. Dyadem provides software and services that empower companies to manage quality, mitigate risks, achieve regulatory compliance, plan for business continuity and improve profitability. Dyadem works with 85% of the Fortune 500 companies and serves the high tech & electronics, medical devices, oil and gas, chemical, automotive, pharmaceutical and aerospace and defense industries. For more information, visit www.dyadem.com

About Centennial Coal

Established in 1989 and listed on the Australian Stock Exchange in 1994, Centennial Coal is a coal mining and marketing company supplying thermal and coking coal to the domestic and export markets. The Company is a major fuel supplier to the New South Wales energy industry, fuelling approximately 46% of the State's coal fired electricity.

Centennial sells approximately 30% of its coal into the export market. Coal is exported through ports at Newcastle and Port Kembla in NSW. Customers include power stations and steel mills in Japan, Korea, India and Europe.

Centennial is the largest independent coal company in Australia in terms of production and has twelve coal mines in NSW, making it one of the largest underground coal producers in NSW. information, contact:

    Text 100 Public Relations
    Maureen Robusto
    617.399.4916
    dyadem@text100.com

SOURCE Dyadem

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