GREY:CCZFF - Post by User
Post by
GuyFon Jan 11, 2005 9:28am
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Post# 8412206
Excellent news
Excellent newsPetrobras and Transpetro Expand Use of CriticalControl's Leak Detection Software in Brazil
CALGARY, ALBERTA--(CCNMatthews - Jan. 11, 2005) - CriticalControl
Solutions Corp., ("CriticalControl" or the "Company") (TSX VENTURE:CCZ)
is pleased to announce that it has reached an agreement with Petrobras,
Brazil's state owned oil and gas company and its subsidiary, Transpetro,
for the expanded use of CriticalControl's industry leading leak
detection software, LeakWarn.
Transpetro has chosen to standardize to LeakWarn for its leak detection
needs and anticipates implementing LeakWarn in over 200 pipeline
segments over the next three years. In order to facilitate the increased
scope, Petrobras will prepay to increase its current site license for
the use of LeakWarn from 3,500 km to 5,000 km and commit to 3 years of
support. In addition, CriticalControl will be engaged to configure and
tune LeakWarn for each new pipeline segment.
About CriticalControl:
CriticalControl is a technology company that builds, implements and
manages critical business process solutions. Our proprietary products
are data management tools to operate the critical business operations of
our government and energy sector clients. In addition to our proprietary
products, we implement large scale document and records management
solutions using our strong domain expertise and in depth knowledge of
our customer base. Where critical processes require unconditional
continuity, our clients look to us to manage and perform certain
operational functions on a short term or long term, outsourced basis.
For more information, please visit www.criticalcontrol.com.
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FOR FURTHER INFORMATION PLEASE CONTACT:
CriticalControl Solutions Corp.
Mr. George Watson
Chief Executive Officer
(403) 705-7500
or
CriticalControl Solutions Corp.
Mr. Alykhan Mamdani
President
(403) 705-7500
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.