CALGARY, ALBERTA — (Marketwired) — 03/12/15 — CriticalControl Solutions Corp. ("CriticalControl" or the "Corporation") (TSX: CCZ) announced that it has sold a portion of its non-energy services business based in Quebec, Ontario and Manitoba (the "Divested Assets") for gross proceeds of $1 million under an asset sale. Under the terms of the sale, all accounts receivable, liabilities and other working capital associated with the business prior to the sale will be
CALGARY, ALBERTA — (Marketwired) — 03/02/15 — CriticalControl Solutions Corp. ("CriticalControl" or the "Corporation") (TSX: CCZ) announced that it is reviewing alternatives with respect to the portion of its business not related to its energy services business segments. In 2013 the non-energy services portion of the Corporation–s business comprised of 33% of the Corporation–s revenue."In 2005 we chose to enter into the energy services business with software and s
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
CALGARY, ALBERTA — (Marketwired) — 11/06/14 — CriticalControl Solutions Corp. (TSX: CCZ) today reported its financial results for the three months ended September 30, 2014."Management–s focus is the execution of catalyst plans over the next four quarters to penetrate the US oil and gas market with our core applications, which have been redesigned for the US market, and to penetrate the Canadian oil and gas market with our new software solutions," said Alykhan Mamdani, President a
CALGARY, ALBERTA — (Marketwired) — 11/03/14 — CriticalControl Solutions Corp. (TSX: CCZ) will release its third quarter 2014 results via news release, after markets close, on November 6, 2014. A conference call will be held on Monday, November 10, 2014 at 1:00 p.m. (EST).President and CEO Alykhan Mamdani and CFO, Bruce Byford will discuss CCZ–s financial results for the quarter and then take questions from securities analysts, brokers and investors.To access the conference call by telephon
CALGARY, ALBERTA — (Marketwired) — 11/03/14 — CriticalControl Solutions Corp. (TSX: CCZ) today announced that it has entered into a banking relationship with a Schedule I Canadian Charted Bank (the "Bank"). The agreement with the Bank provides CriticalControl with a $10 Million operating facility, an increase from the Corporation–s previous $7 Million facility. Less than $1.5 Million of the previous facility was drawn when it was retired with the new facility.The Bank has funded
CALGARY, ALBERTA — (Marketwired) — 11/07/13 — CriticalControl Solutions Corp. (TSX: CCZ) today reported its financial results for the three and nine months ended September 30, 2013."We executed on our objectives for Q3, which generated improved performance in each of our business segments," said Alykhan Mamdani, President and CEO of CriticalControl. "Continued increases in our recurring revenue and improved operational performance will support the execution of our strategic v
CALGARY, ALBERTA — (Marketwired) — 11/01/13 — CriticalControl Solutions Corp. (TSX: CCZ) will release its third quarter 2013 results via news release, after markets close, on November 7, 2013. A conference call will be held on Friday, November 8, 2013 at 1:00 p.m. (EST).President and CEO, Alykhan Mamdani and CFO, Bruce Byford will discuss CCZ-s financial results for the quarter and then take questions from securities analysts, brokers and investors.To access the conference call by telephone
CALGARY, ALBERTA — (Marketwired) — 08/13/13 — CriticalControl Solutions Corp. ("CriticalControl" or the "Corporation"), (TSX: CCZ) today announced that it has received regulatory approval from the Toronto Stock Exchange ("TSX") to carry out a normal course issuer bid ("NCIB").CriticalControl has been authorized to purchase, through the facilities of the TSX, up to 3,858,000 issued and outstanding common shares ("Shares") representing 10% of
CALGARY, ALBERTA — (Marketwired) — 08/08/13 — CriticalControl Solutions Corp. (TSX: CCZ) today reported its financial results for the three and six months ended June 30, 2013."The consistent increase in our recurring revenue from Canadian and US Energy Services over the past four quarters demonstrates the success of our strategy," said Alykhan Mamdani, President and CEO of CriticalControl. "During the past two years we have addressed market, industry and economic uncertainty
