Scientific Software-Intercomp Inc. Signs Worldwide Agreement with Shell International Petroleum Maatschappij B.V.

Scientific Software-Intercomp Inc. (Nasdaq: SSFT) has made a significant move in the oil and gas industry by signing a worldwide agreement with Shell International Petroleum Maatschappij B.V. (SIPM) in Holland. This agreement follows an extensive technical evaluation of SSI's complete range of Off-line Simulation Software Products, including TGNET, TLNET, and INTERACT. The software provides state-of-the-art functionality for design and operations planning for pipelines, addressing the growing need for accurate results in complex pipeline networks.

Key Takeaways:

• Scientific Software-Intercomp Inc. has signed a worldwide agreement with Shell International Petroleum Maatschappij B.V. (SIPM) for the sale of SSI's complete range of Off-line Simulation Software Products.
• The agreement was reached after an extensive technical evaluation of the products by SIPM.
• SSI's software products address the need for both steady state and transient simulation of oil and gas pipeline systems.
• The products provide state-of-the-art functionality for design and operations planning for pipelines, including accurate results for simple pipelines and complex pipeline networks.
• The multi-user INTERACT product addresses dispatcher/operator training, an issue of increasing importance in the industry.
• Dr. Peter Black, head of Product Development for SSI's Pipeline and Facilities Division, stated that the agreement with Shell is a further indication of the quality of the software offered by SSI and its commitment to continued development of leading-edge technology for the oil and gas industry.
• Scientific Software-Intercomp Inc. provides high-technology software and solutions primarily to professionals in the oil and gas industry, with major offices in Denver, Houston, Calgary, and London, and smaller offices in several other locations.

Statistics:

• Scientific Software-Intercomp Inc. has published no specific revenue or profit statistics in relation to the agreement with Shell.
• The company has major offices in 7 locations: Denver, Houston, Calgary, London, Atlanta, Bakersfield, and Santa Clara.
• SSI's software products provide accurate results for both simple pipelines and complex pipeline networks.
• The software addresses the need for both steady state and transient simulation of oil and gas pipeline systems.

Sources:

• PRNewswire, July 20 (no date given for the specific article)
• Press release from Scientific Software-Intercomp Inc. (no date given)
• Stock listing information for Scientific Software-Intercomp Inc. (Nasdaq: SSFT)