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AIMS and Guru Alliance form Strategic Partnership

Partnership offers compliant RIN management solution to AIMS customers reducing the transaction cost per gallon

Monroe, Louisiana – July 22, 2009 – AIMS, Inc., the leader in automated information management products and services for the wholesale petroleum distribution industry, announced today it has formed a strategic partnership with Guru Alliance, a Midwest-based, multi-national software development and outsource solutions provider for the Petroleum industry. The partnership will offer AIMS clients an industry compliant solution for the acquisition, management and transfer of RINs by initially offering and ultimately integrating Guru Alliances comprehensive RIN management solution -  RINsource -  with AIMS suite of financial and operations management software systems.

RIN (Renewable Identification Number) is a unique 38-digit serial number assigned to every gallon of renewable fuel when originally manufactured or otherwise introduced into the U.S. marketplace by producers or importers. In September 2007, the Environmental Protection Agency (EPA) established the Renewable Fuel Standards (RFS) program to monitor and manage the amount of renewable fuels produced or imported in the US.  Significant fines can be assessed daily for non-compliance with the RFS program, up to $32,500.

RINsource is a comprehensive industry compliant secure web-based platform that enables all registered producers, importers, and obligated parties to manage the acquisition and distribution, record-keeping and reporting of RINs, while complying with industry regulations set by the EPA.

“For over 34 years we have developed and provided innovative back-office solutions to the Petroleum market place,” said Robert Canterbury, President, AIMS, Inc. “Guru Alliance’s RINsource is a proven RIN management solution that complements our suite of enterprise solutions we provide our customers, enabling our clients to significantly reduce their administrative and transaction cost per gallon, while ensuring they will be compliant with the continuously changing EPA regulations.”

“We are excited about our strategic alliance with AIMS,” said James Hoshor, Vice President, Guru Alliance. “AIMS is a well known and respected leading enterprise solutions provider of financial and operation management back-office systems for the Petroleum industry. The integration of our RINsource solution will enhance the value AIMS clients already receive today from AIMS technology innovation and suite of enterprise solutions.”

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