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Fugro Selects OpenSpirit as Corporate-level Integration Solution

CALGARY, ALBERTA, CANADA - April 12, 2010

Fugro has signed a corporate-level Business Partner Agreement to leverage the OpenSpirit interoperability framework across their family of companies and products. Fugro Data Solutions and Fugro-Jason will be the first of the Fugro companies to take advantage of the OpenSpirit SDK.

The OpenSpirit framework will enhance Fugro’s ability to streamline data search and transfer between applications and data stores, resulting in increased efficiency and productivity for data management and geoscience staff and reducing overall IT and data management costs.

Currently, Fugro Data Solutions is working to OpenSpirit enable the Trango Data Management suite, which provides advanced master data management capabilities for corporate seismic, well and geological report data. OpenSpirit connectivity will better enable data manager’s exploration asset management and improve exploration asset availability. Commercial release is expected in the first half of 2010.

In tandem with the work at Fugro Data Solutions, developers at Fugro-Jason are working to provide cross-discipline connectivity to users of Fugro Jason tools, such as PowerLog and Jason Geoscience Workbench; a petrophysics, geology, interpretation, and modeling solution. Fugro Jason is a leader in reservoir characterization technology, and has utilized OpenSpirit for specific solutions for several years.

“We have heard from our customers that the ability to get control of their data assets and enable seamless use of these assets in interpretations systems will greatly benefit their workflows. We believe our efforts to enable end users of Trango and Fugro Jason applications is an excellent step to helping our customers derive additional value in their organizations,” said Deryl Williams, President of Fugro Data Solutions Canada.

“We are committed to Fugro’s success and appreciate the opportunity to grow this strategic partnership and make a difference across their entire organization,” said Dan Piette, President & CEO of OpenSpirit. “This business partner agreement is investment in our technology, as well as our people and future vision.”

Looking to the future, Fugro and OpenSpirit will continue working together to improve data connectivity and performance for customers.

About Fugro Data Solutions
Fugro Data Solutions is an E&P Data Management specialist with major operations in Canada, UK, USA, The Netherlands, Singapore and India. Fugro Data Solutions has approximately 400 staff globally, employed on activities related to storage, data management, online services and technology development.

About Fugro-Jason
Fugro-Jason is dedicated to delivering innovative products and services to help our clients identify and produce hydrocarbon deposits by integrating information from the various geoscience disciplines. Fugro-Jason applications make it possible to integrate geological, geophysical, geostatistical, petrophysical and rock physics information into a single consistent model of the earth. The application of Fugro-Jason’s technology, either through use of the software or through our consultancy services, substantially improves returns on E&P investments by adding invaluable reservoir model information that reduces the risks, costs and cycle-times associated with exploration, appraisal and field development and production.

About OpenSpirit
The OpenSpirit Corporation, based near Houston in Stafford, Texas, began operations in July 2000 as an independent software company focused on providing integration solutions for upstream applications and data. The OpenSpirit application integration framework allows interoperability between multiple vendors' applications and data, enabling oil company end users to speed up critical workflows and enhance analysis in the geotechnical space. www.openspirit.com or info@openspirit.com.




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