ICOMMM Inc.
By Tyler Foreman, Vice President, Co-Founder

Company Background
ICOMMM offers the first fully integrated set of software tools that enable public agencies to plan and implement programs for proactively managing and maintaining their utility infrastructure assets in compliance with emerging State and Federal mandates. The ICOM3 program management solution provides agencies with a suite of condition assessment, risk assessment, planning, scheduling, work management, and reporting modules with specific emphasis on wastewater collection systems. By bringing together data that describes the current state of each utility, ICOMMM’s solution enables the agency to identify potential risks and plan the most cost effective way to address those risks and solve problems before they turn into failures. The result is the assurance policy makers need to make the exacting decisions that will provide the greatest return on their investments while significantly increasing the reliability of their utility combined with a marked reduction in the cost of ownership.

Agencies that implement ICOM3 not only bring themselves into compliance with upcoming State and Federal mandates, they also gain the ability to defend themselves against potential lawsuits from environmental groups, even in the case where an unforeseen event caused a system failure. ICOMMM provides them with the tools to quickly document the management programs they have implemented and report on the preventative work performed on the system. The ability to defend themselves in such a manner can result in potential avoidance of costly legal fees, lengthy litigation, and fines and penalties.

Company Progress to Date

• Raised $600,000 in Series A round.
• Filled out executive team with the addition of industry veteran Steven S. Line as new CEO. He has over 28 years of professional experience with many of the US’s largest municipal agencies.
• Added three significant new Cities as clients in Q4 2005.
• Renewed or expanded contracts with all existing ICOM3 clients
• Initiated the formation of a technology partnership with ESRI and Autodesk, two of the leading technology partners in our industry.
• Currently expanding strategic partner relationship with HDR, Inc. and  URS Corp. (NYSE: URS) to build a joint sales effort with a targeted launch of Q1 2006