News...Wescorp's Flowstar Technologies Launches Proprietary IFMWorks Web-based Hosting Solution
7/10/2008 12:08:47 PM - Market Wire
IFMWorks web based solution intended to provide increased re-occurring revenue to Wescorp
HOUSTON, TEXAS AND CALGARY, ALBERTA, Jul 10, 2008 (MARKET WIRE via COMTEX News Network) --
Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas technology solutions provider, is pleased to announce that Flowstar Technologies, a wholly-owned subsidiary, has launched its proprietary IFMWorks web-enabled hosting solution. IFMWorks system is designed to be used in a wide range of flow measurement and production data applications. It has the ability to collect data from remote locations and display it in near real time on any computer with internet access. The system is capable of gathering data from non-proprietary Electronic Flow Meters (EFM), and seamlessly transmitting it to a central server using radio, cellular or satellite resulting in a cost-effective communications package for the customer. IMFWorks solution can be integrated into any non-proprietary oil or gas field measurement equipment that currently exists in production applications. The new solution provides operations personnel with a complete field overview to prioritize their daily tasks and increase productivity. This application truly links the wellhead to the desktop computer reducing operational costs and increasing reporting accuracy and efficiency for the customer.
Doug Biles, President and CEO of Wescorp commented, "the IFMWorks technology provides our customers with a complete turn key solution providing accurate and precise metering and measuring, specialized communications equipment, project management and installation. The monthly fees associated with the collection and management of production data will significantly enhance Wescorp's re-occurring revenue model. Contracts are in the final stages of being completed and will be announced shortly."