LAS VEGAS, Nov. 15, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that its subsidiary, MetaPower Canada, Ltd., has been successful in helping a major Energy Client substantially improve its outage management performance.
At the client's facility on the Oil Sands in Northern Alberta, there are several plants that require maintenance and have to be taken "out of service" periodically. The outages typically last for several days or weeks, and unplanned extensions can cost the owner a lot of money in lost production. Over the last year, MetaPower Canada has been working with the client to implement a structured outage management process that provides the discipline to control the outage work scope and take timely actions to eliminate delays. The process has been put into action in order to prevent the outages from exceeding scheduled time allotments.
"Before we started working on the problem, the client had been unable to complete its outages in the time scheduled. We now monitor the schedule on a 30 minute basis and require corrective actions if an activity is delayed more than 30 minutes. We are very excited that our process has the potential to save our client millions of dollars on an annual basis," stated Ed Gibson, a principle consultant of MetaPower Canada, Ltd.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.