PETRIS TECHNOLOGY ANNOUNCES - PETRISWINDS NOW! - A NEW ON-DEMAND (ASP/VSP) APPLICATIONS AND WEB-SERVICES PLATFORM FOR THE ENERGY INDUSTRY HOUSTON, 22 January 2002 - Petris Technology, Inc., a leader in data management, application integration, collaboration and information solutions, announces the release of its newest offering, PetrisWINDS NOW! - an on-demand (ASP/VSP) software application and services platform for the energy industry. PetrisWINDS NOW! - will help oil and gas companies shorten project cycle times and increase productivity on core business functions by providing easy access to best-in-class applications via the Internet. PetrisWINDS NOW! includes software available on a monthly subscription (ASP/VSP) basis from independent software vendors (ISV) in the areas of Geology, Geophysics, Reservoir Engineering, Production, Asset & Inventory Management, Economics, Process Engineering and Construction. Also being released is PetrisWINDS Plan-IT, a new enterprise collaboration software package that applies the power of the Internet to quickly support collaborative teamwork, workflow and communication issues. Don Humphries, PetrisWINDS NOW! Product Manager states, "By entering into a single contract with Petris, an oil & gas company, service company, marketing firm or consultant can have affordable and immediate access to needed software anywhere their employees may reside with minimal up-front capital expenditures. This agreement ensures companies always have the latest versions of their critical applications available allowing them to concentrate on core business needs and not on software related issues." ISV software offered through PetrisWINDS NOW! includes applications from Cossey & Associates Inc (Turbidite Field & Reservoir Database); Ensyte Energy Software Int'l (Prophet, an economics model; iTREX, an asset and inventory management system and Gastar IV, a gas marketing package); Edinburgh Petroleum Services (Wellflo, a well flow and pipeline modeling program and PanSystem, a well test simulator); Engineering Software (Energy Conversion, a thermodynamic simulator); Resolve GeoSciences (SeisShow, a 2D/3D seismic viewer); TERRASCIENCES (TerraStation II, a geological & petrophysical interpretation package); and Ultramarine (MOSES, an offshore structure simulator). The energy and utility sectors are estimated to experience an 8.5% increase in IT spending in 2002 outpacing the predicted 3.8% rise among industries overall, according to Gartner Dataquest. "The future looks bright for on-demand applications outsourcing (ASP) and web services and Petris will lead the way," says Jim Pritchett chief executive officer, Petris Technology, Inc. Future release plans are already in the works and will include additional software from Computer Modelling Group (Reservoir Engineering & Simulation); Data Management Solutions (Gas Marketing); Ensyte Energy Software Int'l (Production Data Management); Kernel Technologies Ltd (Seismic Interpretation); Maurer Technology Inc (Drilling); Theta Enterprises, Inc (Production Engineering); TERRASCIENCES (Bore Hole Imaging) and Invensys SIMSCI (Process Engineering). Additional software and services will be added as demand increases from Petris' user community. Additional releases will also include adapters built with the above software vendors tying their applications to PetrisWINDS Enterprise to make finding, accessing and using data a much easier process than exists today. Petris will not only make many of these applications available over the Internet but plans to install select applications behind a client's firewall leveraging a company's intranet infrastructure. Petris Technology is a data and applications management, integration, collaboration and information solutions company focused on the needs of the energy industry. Formed in 1994, the company develops and markets customized and web-enabled software products and services. Petris is privately held and headquartered in Houston, Texas. January 2002 American Hydrogen Association: "Engineering Software company has developed new software for engineers, thermodynamic analysts and others that want to know about power and propulsion systems. Power and Propulsion Systems Analysis is a Windows based software package for such work. It is quick and reliable for calculating thermodynamic and transport properties of gaseous, liquid and solid species, analyzes power cycles, power cycle components/processes and compressible flow. We have tried this software package and found it to be a good tool for designing power and propulsion systems. Editor's Note: Thank you Engineering Software for creating this compilation in the effort to achieve sustainable prosperity." Vol. 8, No. 1 CASTI Publishing: "Engineering Software demo version of the Energy Conversion 1.1 program has been selected for inclusion on our CD ROM featuring "The 100 Best Engineering Shareware Programs"." July 1998 Control: "Measurement Software -- Power Systems Analysis 1.0 and Gas Dynamics 1.0 are Windows based solutions that allow speedy, precise calculation of thermodynamic and transport properties of gaseous, liquid and solid species, and also check power cycles, power cycle components and compressible flow. System requirements include any flavor of Windows, a 386 or higher CPU, 4 MB RAM and 4-8 MB of free disk space." January 1997 Desktop Engineering: "Energy Conversion Systems Manager -- For engineers designing, operating and managing energy conversion systems, Engineering Software (Germantown, MD) offers Energy Conversion 1.1 for Windows 3.X or Windows '95. Energy Conversion calculates thermodynamic and transport properties of gaseous, liquid and solid species as well as steam approximations for both saturated and superheated areas. It also analyzes power cycles, power cycle components/processes and compressible flow. Version 1.1 offers such features as physical properties of available species for assigned two-state values, including temperature and pressure, enthalpy and pressure and entropy and pressure. Additionally, steam approximations and steam table calculations are available for both saturated and superheated areas." July 1997 Desktop Engineering: "Power Systems and Gas Dynamics (Thermodynamic and Transport) Analyses -- Engineering Software (Germantown, MD) has two new Windows products: Power Systems Analysis 1.0 and Gas Dynamics 1.0 Power Systems Analysis calculates thermodynamic and transport properties of gaseous, liquid and solid species (temperature and pressure, enthalpy and pressure and entropy and pressure), analyzes power cycles (Carnot, Brayton, Rankine, Otto and Diesel) and power cycle components and processes (compression, combustion and expansion). Gas Dynamics calculates thermodynamic and transport properties of gaseous, liquid and solid species (temperature and pressure, enthalpy and pressure and entropy and pressure), analyzes power cycles (Carnot and Brayton), power cycle components and processes (compression, combustion and expansion) and compressible flow (velocity of sound, Mach number, properties, nozzle, normal shock, diffuser and thrust). Both programs require Windows 3.X or Windows '95, a 386 or higher system, 4 MB of RAM and 4 MB of hard drive space. Free evaluation copies are available." December 1996 IEEE Spectrum: "Power Systems Analysis 1.0, introduced by Engineering Software, Germantown, MD, is a Windows based software program for investigating the behavior of heat engines with any of five power cycles - Carnot, Brayton, Rankine, Otto or Diesel. It analyzes power cycle components and processes (compression, combustion and expansion) and calculates the thermodynamic and transport properties (temperature and pressure, enthalpy and pressure and entropy and pressure) of gaseous, liquid and solid species. Two versions of the software are obtainable, one being intended for Windows '95, the other for Windows 3.X." December 1996 Industrial Computing: "Engineering Software has developed a new Windows based software package, Power Systems Analysis 1.0, which calculates thermodynamic and transport properties of gaseous, liquid and solid species and analyzes power cycles and power cycle components. The software package "should be a good tool for anyone who is involved at various levels of designing, operating and managing power systems. It should provide the user with the opportunity to more effectively do his/her work, explore more options, save time and give more confidence in carrying out engineering calculations," according to company sources. A free evaluation copy of the program is available." March 1997 Mechanical Engineering: "Propulsion Systems Calculations -- Gas Dynamics performs engineering calculations typically encountered in the design,operation and management of propulsion systems. The program calculates thermodynamic and transport properties (temperature and pressure, enthalpy and pressure and entropy and pressure) of gaseous, liquid and solid species. It also computes power cycles (Carnot and Brayton) as well as power cycle components and processes (compression, combustion and expansion). Compressible flow calculations performed include the velocity of sound, Mach number, properties (stagnation and static), nozzle, normal shock, diffuser and thrust. Hardware: IBM-compatible 386 PC or higher with 4 MB of RAM and 4 MB of free hard-disk space, operating in Windows 3.X or Windows '95. Developer: Engineering Software, P.O. Box 1180, Germantown, MD 20875; Phone/FAX: (301) 540-3605; e-mail: engware@aol.com." Vol. 119, No. 7 NASA Tech Briefs: "Engineering Software, Germantown, MD, has introduced Power Systems Analysis 1.0 power system design and management software, which calculates thermodynamic and transport properties of gaseous, liquid and solid species and analyzes power cycles and power cycle components and processes. Physical properties of available species are provided in U.S. and international units. The program runs with Windows 3.X or Windows '95 and requires 4 MB of RAM and 4 MB of hard disk space." Vol. 21, No. 2 |