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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 GuyFon Apr 05, 2005 3:57pm
258 Views
Post# 8864239

NR: Contract Extension & Additional Contract

NR: Contract Extension & Additional ContractCriticalControl Announces Contract Extension and Additional Contracts CALGARY, ALBERTA--(CCNMatthews - April 5, 2005) - CriticalControl Solutions Corp., (TSX VENTURE:CCZ) ("CriticalControl" or the "Company") is pleased to announce the extension of a primary outsourcing contract with the Government of Alberta for certain administrative and document management related services for an additional year. CriticalControl is also pleased to announce it has been awarded additional, net new work related to imaging and microfilm conversion services (the "New Work"). In total, the extension and New Work is valued at more then $8,500,000 over 3 years. Management expects over $5,000,000 of it to be recognized as revenues prior to March 31, 2006. 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. -30- 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 Website: www.criticalcontrol.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
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