ReliaSoft Corp. Joins College of Engineering to Create Risk, Reliability and Maintainability Alliance

ReliaSoft Corporation has donated $714,227 in cash and software to the University of Arkansas to form and support the ReliaSoft Risk, Reliability, and Maintainability Research Alliance. The software donation will provide engineering students with state of the art tools to help identify potential risks and calculate the severity of disruptions within a manufacturing or transportation environment. ReliaSoft Corp.’s chief executive officer, Pantelis Vassiliou, and the vice president, Doug Ogden, presented the check at a formal ceremony at the university in December.

“This software will enhance the educational opportunities for all engineering students at the University of Arkansas,” said Ashok Saxena, dean of the College of Engineering.

The $50,000 cash portion of the donation is allocated to supporting a graduate student who will work for the new alliance. The cash will be used to pay for a graduate stipend and travel expenses. The donation will also cover other administrative costs incurred by the alliance.

“We are looking forward to the growth of the University of Arkansas’ reliability program. I hope this is just the beginning,” said Patelis Vassiliou, chief executive officer of ReliaSoft.

ReliaSoft Corp. is an industry leader in reliability engineering research and development. The company combines software and services with the latest theoretical advances and essential tools for product manufacturers and maintenance organizations throughout the world.