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Criticalcontrol Sltns Cp CCZFF

Critical Control Energy Services Corp is engaged in the business of providing solutions for the collection, control, and analysis of measurement and operational data related to oil and gas wells across North America. It provides services to capture data, cloud-based software to visualize and manage it, and business intelligence to make operational decisions. The reportable segments of the company are Software and Field Services. The Software business provides cloud-based software and software-ba


GREY:CCZFF - Post by User

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Post by Techsavyon Feb 21, 2014 9:20am
276 Views
Post# 22233931

Prominent Producer to Deploy CriticalControl Cloud Solutions

Prominent Producer to Deploy CriticalControl Cloud Solutions
Prominent Oil and Gas Producer to Deploy CriticalControl Cloud-Based Solutions
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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.


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