Timken Joins Forces with Ivara to Improve Equipment Performance for Industrial Customers

BURLINGTON, ON (March 13, 2008) – Ivara Corporation, the industry leader and innovator in asset performance management solutions, today announced that The Timken Company (NYSE: TKR) has joined The Aladon Network and the Ivara EXP Enterprise Implementation Partner Program.

The Aladon Network is Ivara’s global network of reliability experts and certified practitioners of Ivara RCM2™ and Ivara Maintenance Task Analysis —two advanced methodologies offering team-based approaches to developing a reliability strategy for all assets in an organization. As an Aladon Network Member, Timken is certified to deliver training and consulting services for Ivara RCM2 and MTA. In addition, they are an authorized reseller of Ivara EXP Professional – the leading asset reliability strategy development software.

As an EXP Enterprise Implementation Partner, Timken delivers implementation consulting for Ivara EXP Enterprise asset performance management software. EXP Enterprise provides a cohesive and integrated platform to develop, implement and manage a living equipment reliability program. The software uses predictive and condition-based maintenance capabilities to monitor asset health. Maintenance personnel are then prompted to perform the right work at the right time. EXP, supported by advanced reliability practices, enables Ivara’s renowned proactive asset reliability process. The process is developed and sustained with the Ivara Work Smart™ delivery methodology, which builds and implements asset reliability programs one asset at a time.

“We are pleased to have Timken join our EXP Implementation Partner Program and The Aladon Network of reliability experts,” said Gerry Bleau, CEO, Ivara Corporation. “Timken’s extensive exposure to industrial customers in key market sectors supports our strategy to bring our solutions to a broader audience.”

About Ivara: 
Ivara is the leader in asset performance management software, Ivara EXP Enterprise, and services including Ivara RCM2™, the leading reliability strategy development methodology. RCM2 is delivered exclusively by The Aladon Network, Ivara’s global network of reliability experts. Ivara EXP prevents industrial equipment failure, increases production and lowers costs for better business performance.  EXP transforms data into real-time intelligence and helps plant and operations management make fast and accurate business decisions.  Customers worldwide, representing a cross section of asset intensive industries, realize the benefits of EXP every day.  For more information, visit www.ivara.com.

About The Timken Company
The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers to perform faster and more efficiently. With sales of $5.2 billion in 2007, operations in 26 countries and approximately 25,000 employees, Timken is Where You Turn(tm) for better performance.

Ivara contact:
Sandra DiMatteo                                                                                
Director of Marketing                                                                         
Ivara Corporation                                                                               
Tel: (905) 632-8000 ext. 271                                                             
Send email to Sandra DiMatteo