CRITICALCONTROL ANNOUCES LAUNCH OF INTEGRATED GAS PRODUCTION INFORMATION SYSTEM
Calgary, Alberta, September 15, 2005 – CriticalControl Solutions Corp., (“CriticalControl” or the “Company”) (TSX-V:CCZ) today announced the launch of its integrated gas production information system. CriticalControl has integrated volume information from its BMP Chart Services with volume information from Netflow resulting in a new version of the Company’s proprietary ScanGas application. ScanGas now enables full analytic and reporting capabilities on 100% of a gas producer’s production information, essential for field balancing and production optimization. CriticalControl is the Canadian leader in gas production measurement systems. Through CriticalControl’s BMP Chart Services, the Company provides control of critical production information to more than 250 gas producers. With the launch of the Company’s Netflow service in July 2005, CriticalControl provides its customers the ability to poll information from gas wells on a real time basis. Netflow’s architecture not only enables the remote capture of gas volumes from the wellsite, but enables the capture of information from any and all electronic sensors through a single cellular or satellite channel. In addition, Netflow’s architecture allows for two way communication, allowing an operator or engineer to control devices at the wellsite using a secure web browser. In an effort to streamline and manage its aggressive growth strategy in the government and energy sectors, CriticalControl is consolidating its operations to best serve the needs of its primary target market. As such, CriticalControl’s Toronto office, consisting of a total of 5 personnel, has been divested to SIA Service Information Access Inc., of Montreal, Quebec. This divestiture is immediately accretive for CriticalControl’s bottom line and will enable CriticalControl to better meet its earnings growth targets for 2006. We seek safe harbour. 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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
For further information:
Alykhan Mamdani President Tel (403) 705-7500 or David Feick The Equicom Group Tel (416) 815-0700 ext. 247 Fax (416) 815-0080 ir@criticalcontrol.com |