Generation Systems, Inc.
Generation Systems’ ongoing mission is to enhance the profit and operational excellence of its customers through improved lubrication practices. A mission realized within the company's flagship product, LUBE-IT – the worlds most widely used lubrication reliability software solution.
Founded in 1984, Generation Systems began developing custom software and database solutions for major accounts in the Pacific Northwest. Soon thereafter, as manufacturers embraced off-the-shelf software products the firm teamed up with a leading computerized maintenance management system (CMMS) developer. Learning from the ground-up, Generation Systems has gained knowledge and expertise from daily interaction with maintenance and reliability professionals.
Now, well over two decades later, the company holds the leading body of domain knowledge for lubrication reliability software solutions and technology.
This expertise is embodied in the company's award winning LUBE-IT product – with capabilities going far beyond CMMS software. Exclusive technologies bring rapid and intuitive improvements to poor lubrication practices, the leading cause of industrial equipment failure. LUBE-IT is used around the globe by industrial organizations such as Alcan, BP Castrol, DuPont, Holcim, SKF, Rio Tinto, and WR Grace.
With more than 90 combined years of high-tech and industrial experience, the Issaquah, Washington-based team
management shares a customer-first attitude. This determined focus on the customers' needs drives the innovation used to create software products specifically tailored to industrial manufacturers, delivering real world, bottom-line results.
Executive and Management
Eric Rasmusson — President, CEO
Eric has over 30 years of high-tech and industrial software experience
and is the principle architect of LUBE-IT, the world's leading
Lubrication Reliability software solution. He launched Generation
Systems in 1984 and now is guiding the company toward its 25th
anniversary. His passions are increasing global awareness of the
profitability of lubrication reliability, and enhancement of the
award-winning LUBE-IT product. Eric also holds concern over the
ever-increasing complexity of industrial software. This, coupled with
his sincere regard for end-users, drives him to innovate comprehensive,
yet highly intuitive solutions.
William D. Correll — Vice-President, Business Development
With a career spanning over 40 years, Mr. Correll has served as corporate officer in both public and private firms. Bill entered the high tech computer world as founder of Medical Computers International, with systems in the USA and abroad. He also served as Vice President of a Macintosh startup, and more recently as Vice President of the internationally known merger and acquisition firm, the Corum Group. In addition, he presented ground-breaking M&A seminars in the United States and Europe—while holding the role of lead executive on more then 20 transactions, valued from $5 million to $130 Million.
Wallace Borgeson — Director, Finance & Accounting
With more than 15 years experience as a CFO for manufacturing, retail,
service, franchise and broadcasting companies, GSI benefits from Wally’s
broad-based experience, gained at all levels of accounting, auditing and
finance. During his 40-year career, he has managed the majority of
operational functions for both public and private companies, including
accounting, finance, IT and human resources.
Kristi Wadman — Manager, Customer Relations
A seasoned professional when it comes to customer care, Kristi started
her career over 20 years ago. She manages customer care teams and has
helped GSI implement customer care improvement initiatives helping the
company grow its already considerable customer base. Kristi is also
brings experience in order processing and customer fulfillment, along
with alliance partner program management.
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