Mr. Phil Jones reports

HOUSTON METRO SELECTS COPPERLEAF PORTFOLIO TO OPTIMIZE TRANSIT ASSET MANAGEMENT

Copperleaf Technologies Inc.'s decision analytics solution has been selected by the Metropolitan Transit Authority of Harris County (METRO), a major public transportation agency based in Houston, Tex.

METRO's Transit Asset Management (TAM) group was established in 2017 to comply with the Federal Transit Authority TAM rule and provide decision support to prioritize and justify capital investment needs. As trends and requirements in the North American transit asset management landscape have evolved to incorporate new drivers of value, such as risk, resilience and equity, legacy tools are increasingly unable to meet the complex investment prioritization needs of many medium to large transit providers.

In late 2023, METRO recognized that transitioning from a manual Excel-based process to an asset investment planning (AIP) solution could improve its ability to create transparent, defensible capital plans, address its state of good repair (SGR) backlog, and adapt quickly to changing financial and operational conditions.

Copperleaf Portfolio will enable METRO to establish a more consistent, data-driven process to assess and prioritize investments in the SGR backlog by adopting best practices in modelling, risk assessment and project valuation. This will allow METRO to evaluate all projects on a common scale, incorporate all drivers of project value, develop risk mitigation scenarios, and create high-value plans that consider financing and staffing resource limitations. The Copperleaf solution will also give METRO the ability to quickly adapt plans to changing business and financial conditions and ensure investments are aligned with METRO's long-term mission and strategy.

The Copperleaf implementation at METRO is scheduled to go from kick-off to go-live in approximately three months, providing rapid time to value for the organization.

"We're thrilled to play a part in helping METRO implement asset management best practices and deliver on their mission of providing clean, safe and reliable public transportation services," said Phil Jones, managing director of Copperleaf in the Americas. "We thank METRO for putting their trust in us and are confident Copperleaf's value-based approach to capital planning will enable METRO and other transit organizations develop optimal plans that address the state of good repair backlog and comply with the FTA's decision support requirements.

About Copperleaf Technologies Inc.

Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. It leverages operational and financial data to empower its clients to make investment decisions that deliver the highest business value. What sets Copperleaf apart is its industry-leading products and its commitment to providing extraordinary experiences, shaped by people who care deeply and partnerships that stand the test of time. Copperleaf is actively involved in shaping and implementing global industry standards and sustainability principles through its participation in the United Nations Global Compact, the Institute of Asset Management and other organizations. Headquartered in Vancouver, Canada, Copperleaf's solutions are distributed and supported by regional staff and partners worldwide. Together, the company is transforming how the world sees value.

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