MetaPower International, Inc. Receives $1,612,866 in Purchase Orders for Process Safety Work With a Major Oil Sands Energy Co...
12 9월 2011 - 9:31PM
Marketwired
MetaPower International, Inc. (PINKSHEETS: MTPR) is pleased to
announce that the Company's subsidiary, MetaPower Canada, Ltd, has
received additional purchase orders of $1,612,866 CAD to develop
Process Safety Information (PSI) Packages and revise maintenance
procedures for a Canadian Energy Company's facility in the Oil
Sands Region of Northern Alberta, Canada. This work will be
conducted between September 2011 and December 2012.
MetaPower Canada, Ltd received the purchase orders to extend its
Process Safety Information Project to include additional Oil Sands
plants. The PSI Project has been underway since the fall of 2007
and is expected to continue through the fall of 2013.
"These Purchase Orders extend our Process Safety Information
project to another of our client's facilities. In these projects we
are inspecting the piping and equipment to record its current
configuration and then reviewing the technical documents to ensure
they reflect these conditions. Knowing this information is very
important to ensure that the facility can be operated in a safe
manner. We have been very successful in developing a cost effective
approach to collecting this data and the client continues to show
confidence in our ability to manage these projects. We were
expecting these purchase orders and we believe it shows that the
client values our approach to these services. Continuing this work
keeps MetaPower on track to meet our performance objectives for
this year," stated Ken Allen, President of MetaPower International,
Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology and services firm
originally founded in 1996 that provides information technology and
change management services to hazardous process industries. This
link between technology and services is critical to manage the
changes necessary to successfully compete in the current
environment. In today's world, business operations must be
streamlined to meet the challenges of these turbulent economic
times.
This press release contains "forward-looking statements."
Forward-looking statements are statements concerning plans,
objectives, goals, strategies, expectations, intentions,
projections, developments, future events, or performance,
underlying (expressed or implied) assumptions and other statements
that are other than historical facts. These forward-looking
statements are only predictions. No assurances can be given that
such predictions will prove correct. Actual events or results may
differ materially. Forward-looking statements should be read in
light of the cautionary statements and risks that include, but are
not limited to, the risks associated with a small company, our
comparatively limited financial resources, and other factors that
may adversely impact us. These or other risks could cause actual
results to differ materially from the future results indicated or
implied in such forward-looking statements. We undertake no
obligation to update or revise such statements to reflect events,
circumstances, or new information after the date of this press
release or to reflect the occurrence of unanticipated or other
subsequent events.
Contact: Steve Ivy 360-450-4209
www.metapower.com
Meta Power (CE) (USOTC:MTPR)
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