News
Energy Solutions International Acquires CriticalControl’s PipeWorks
Creates World-Leading Supplier of Liquids Pipeline Management Software
Houston, TX, October 1, 2007. Energy Solutions International, Inc., a Houston-based privately owned software company and leading provider of solutions for oil and gas pipeline management, announced it has acquired the PipeWorks division of CriticalControl Solutions Corp. (TSX-V:CCZ) of Canada. Details of the transaction were not disclosed.
The strategic acquisition strengthens EnergySolutions’ position as a world leader in providing software solutions for liquid pipeline operators, in addition to its long-standing leadership in gas pipeline operations. In business for more than 30 years, EnergySolutions designs and delivers operational and commercial solutions for both gas and liquids pipeline management through a comprehensive software suite featuring design, planning, leak detection, monitoring, scheduling, optimization, transaction and risk management.
PipeWorks, a division of CriticalControl, provides a highly integrated suite of software products created and supported by a team of experienced pipeline hydraulics specialists. Their focus is to help companies succeed by providing reliable tools for the batch scheduling and leak detection aspects of their business.
“We are very excited to bring the PipeWorks division of CriticalControl into the EnergySolutions family,” said Dr. Jo Webber, chief executive officer of EnergySolutions. “We believe this concentrates the world’s best liquid pipeline software engineers and the leading technology into one company. This integration is strategic to our business plan for expanding our focus on liquids pipelines and providing end-to-end solutions that help our customers better integrate with their customers’ supply chains.
“In addition,” she explained, “PipeWorks’ location near the Alberta oil sands gives us a local presence to serve this growing market with software solutions that can improve pipeline transmission performance.”
About CriticalControl
CriticalControl is a technology company that builds, implements and manages critical business process solutions. Their proprietary products are data management tools to operate the critical business operations of government and energy sector clients. In addition to proprietary products, they implement large scale document and records management solutions using strong domain expertise and in-depth knowledge of their customer base. The company also manages and performs certain operational functions on a short term or long term, outsourced basis. For more information, visit www.criticalcontrol.com.
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About Energy Solutions International
Energy Solutions International is the leading global supplier of pipeline management software. The company’s broad range of products drives excellence in operational efficiency, transaction management, throughput management, and pipeline safety. Founded in 1976, EnergySolutions serves more than 500 clients in 70 countries through its offices in the United States, United Kingdom, Dubai, India, China and Canada. EnergySolutions is committed to providing integrated solutions to address the unique challenges of our industry. Our products support essential workflows by integration with each other and third party applications. Our products integrate with systems from all major SCADA Vendors including; Invensys, Siemens, Honeywell, ABB, SAIC, Yokogawa and Telvent, and major ERP vendors including SAP and JD Edwards. For more information, visit www.energy-solutions.com.
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