CALGARY, ALBERTA — (Marketwired) — 11/12/14 — CriticalControl Solutions Corp. (TSX: CCZ) today announced that it has completed development on one of its flagship products, the fluid analysis module of ProTrend, for launch in the US market (“ProTrend”). ProTrend schedules when well or facility points are to be sampled, receives the analysis from the laboratory, tracks and validates the results and then disseminates validated data to any party that requires that analysis information.
“The development of ProTrend for the US market is the successful execution of a key management objective and a necessary catalyst to expand the Corporation–s core products into the larger US market,” said Alykhan Mamdani, President & CEO of CriticalControl. “ProTrend is a market leader in Canada with increasing penetration into every size of client, from small producers to multinational, integrated oil and gas companies.”
ProTrend has two components designed for two unique aspects of the US oil and gas market: ProTrend Lab, a cloud-based repository that allows a gas or liquids laboratory to disseminate laboratory results electronically at no cost to the client; and ProTrend Producer, which offers all features presently enjoyed by Canadian customers to US oil and gas exploration and production companies including scheduling, automatic validation and electronic file dissemination capabilities.
ProTrend Lab has been successfully implemented by CriticalControl–s own laboratories in West Virginia and Pennsylvania thereby providing laboratory results electronically for more than 100 of CriticalControl–s existing US clients. The Corporation intends on marketing ProTrend Lab to other laboratories in the US, not owned by CriticalControl. Any client receiving laboratory results electronically through ProTrend Lab is a potential customer for ProTrend Producer.
ProTrend Producer is now available in the US market for clients to obtain the same scheduling, validation and electronic file dissemination functionalities presently available to Canadian ProTrend customers.
About CriticalControl
In a world of escalating globalization, with an increasingly transient workforce, enterprises have difficulty maintaining their knowledge and are forced to focus on their key market advantages to remain competitive. CriticalControl provides these enterprises with secure and cost-effective solutions for the completion of document and information intensive business processes through an integrated offering of software, outsourced services and optimized business processes.
Contacts:
CriticalControl Solutions Corp.
Alykhan Mamdani
President and CEO
(403) 705-7500
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