Prominent Producer to Deploy CriticalControl Cloud Solutions Prominent Oil and Gas Producer to Deploy CriticalControl Cloud-Based Solutions
09:01 EST Friday, February 21, 2014
CALGARY, ALBERTA--(Marketwired - Feb. 21, 2014) - CriticalControl Solutions Corp. (TSX:CCZ) is pleased to announce that a prominent Western Canadian based oil and gas producer ("Producer") has selected ProTrend and ProMonitor Risk + Integrity, two CriticalControl cloud-based solutions for oil and gas production data, for deployment in its Canadian operations.
ProMonitor Risk + Integrity is a data-driven solution that helps oil & gas producers monitor the risk and integrity of their pipeline assets. It is the newly developed module of CriticalControl's ProMonitor platform and leverages the same Geographic Information System (GIS) map-based interface that underpins the ProMonitor data-driven measurement schematics module that CriticalControl launched in 2013.
ProTrend provides producers with a centralized system for the management of oil & gas composition analysis information and integrates with ProMonitor Risk + Integrity to provide producers with critical data needed for pipeline risk analysis.
"The development of our second ProMonitor module and its rapid adoption by a growing producer in Canada is an endorsement of the ProMonitor platform," said Alykhan Mamdani, President and CEO of CriticalControl. "In addition to being a new product, ProMonitor Risk + Integrity provides further utility to the Corporation's cloud-based ProTrend application".
The deployment of both the ProMonitor Risk + Integrity and ProTrend solutions across the Producer's corporate environment is expected to take place over the course of the next four months with estimated revenue potential for CriticalControl of $740,000 over three years.