HOUSTON - (Feb. 21, 2005) - IHS Energy, the leading provider of oil and gas information, and related software and consulting services, announced today it has signed a sales alliance and joint marketing agreement with Trango Technologies of Calgary, Alberta, to market Trango's exploration data management software and solutions in the U.S. Under this agreement, IHS Energy's Data Logic Services division, a leader in the management of data assets for the oil and gas industry, will act as a sales and services provider for Trango's products in the U.S. IHS Energy and Trango will work together to provide data migration, support, training and related data-quality services.
"Trango is well known in Canada for its high-quality, user-friendly applications, which are critical for the cataloging and inventory of E&P data assets," said Jim Wortham, director of Sales for IHS Energy's Data Logic Services division. "This agreement will enable us to offer our U.S. customers a complete, turnkey software and services solution for managing their physical E&P data assets."
"Developing and expanding our business is a key part of Trango's strategy. We are confident that our new relationship with IHS Energy will enable Trango to broaden our base of customers for our software and expand our presence in the U.S. market," said Deryl Williams, president of Trango Technologies Inc. "The Data Logic Services division is a leader in data management for the oil and gas industry, and we were particularly impressed with their reputation for high-quality work and reputation in the marketplace for customer service, which is essential to our mutual clients."
The software in this sales alliance includes Trango Manager and Trango ViewerT. Trango Manager combines ESRI ® GIS technology, with Oracle ® on a Microsoft .NET ® framework to deliver an integrated data management and delivery system that provides E&P companies with advanced capabilities to track, display, modify and deliver their seismic, well and related exploration data assets. Trango Viewer provides dynamic access to Trango Manager through the company intranet. It is tailored to meet the needs of geoscientists, legal teams, and other corporate groups by helping them easily perform searches and requests for data through a simplified Web-based, GIS interface. Trango's software, in conjunction with IHS Energy's data services expertise, will enable users to better track the availability and location of their important data assets.
IHS Energy ( www.ihsenergy.com ) enables oil and gas companies worldwide to create and maintain best-in-class decision-making processes by providing and integrating essential E&P information, intuitive software and consulting services. IHS Energy is an operating division of IHS Inc. ( www.ihs.com ). IHS is one of the leading global providers of critical technical information, decision-support tools and related services to customers in a number of industries including energy, defense, aerospace, construction, electronics, and automotive. We serve customers ranging from governments and large multinational corporations (including a majority of the Fortune 500 companies) to smaller companies and technical professionals in more than 100 countries. Our customers rely on our offerings to facilitate decision making, support key processes and improve productivity. We have been in business for more than 45 years and employ more than 2,300 people around the world.
Trango Technologies Inc. (www.trangotech.com) provides high-quality data management software and services to the upstream E&P industry. Trango is a wholly owned subsidiary of Pulse Data Inc. Pulse trades on the Toronto Stock Exchange under PSD.
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