LAS VEGAS, March 26, 2008 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that its subsidiary, MetaPower Canada, Ltd., has initiated a new cost control evaluation project for a major Canadian energy company in the Oil Sands region of Northern Alberta, Canada. The evaluation project will enable the energy company to efficiently manage costs associated with the operation and maintenance of its plant.
Since the client began the implementation of a new information system, it has experienced difficulty in controlling the costs being charged to its various accounts. MetaPower was tasked to help streamline the process and will begin evaluating how the new information system processes business transactions so that the company can properly allocate and manage the costs of operating and maintaining its facility.
"The client has not been able to satisfactorily track and control costs being charged and the problem appears to lie with the complex interface between the way the plant is operated and maintained. The client recognized MetaPower's expertise in this area and asked that we assist in sorting out the situation, which will potentially lead to more business process engineering work in the future for other clients in the Oil Sands region," stated Ken Allen, President of MetaPower Canada.
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.
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