FacilitySource Announces 2008 European Market Expansion

WESTERVILLE, Ohio, April 8, 2008 /PRNewswire/ -- FacilitySource, a leading facility maintenance and management service provider, is strengthening its European presence with the partnering of the major fashion retailer Grupo Cortefiel. The partnership underlines FacilitySource's expansion in Europe, coming just a few months after the company opened its operations center in the United Kingdom to support international growth. FacilitySource Europe will deliver their Facility Maintenance Optimization (FMO) solution to Grupo Cortefiel's 1,100+ European-based stores. After a successful Madrid rollout which went live in March 2008, FacilitySource will be expanding to their locations throughout Spain and Europe in the coming months.

FacilitySource's FMO solution helps retailers improve processes and save money by centralizing work requests, aggregating spending power, and leveraging fmPilot, a state of the art online work request management system.

"European client demand for our facility maintenance solution has grown rapidly in recent years, and the time is now right to respond to that demand with a local presence," said Bill Hayden, CEO of FacilitySource. "Europe represents one of the more exciting markets for our solution -- the response we've received to date confirms that our FMO solution is one that fits a widerange of businesses and geographies."

fmPilot has been updated to be internationalized in preparation of the larger project roll out throughout Europe, to include French, Dutch, German, and Portuguese languages, which will also support other clients internationally.

About FacilitySource

Founded in 2001, FacilitySource (www.facilitysource.net / www.facilitysource.co.uk) is known for its holistic approach to facility maintenance in a wide range of business sectors, which includes retailers, shopping centers, restaurants, auto parts stores and other companies with geographically disperse real estate portfolios. FacilitySource provides transaction management software, vendor portals, vendor management and research, fully-manned call centers, statistical analysis and reporting, and paperless invoicing. It is estimated that within the first year, FacilitySource saves its clients up to 20 percent of their annual maintenance spending.

About Grupo Cortefiel

Cortefiel group, company leader in the sector fashion, counts with more than 9,000 employees, has a network of sales of more of 1,300 stores and is present in 48 countries through its five chains: Cortefiel, Pedro del Hierro, Springfield, Milano and Women'secret.