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MetaPower International, Inc. Receives $642,000 CAD Purchase Order for Process Safety Work With a Major Oil Sands Energy Company Tuesday 01/19/2010 6:35 AM ET - Marketwire
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MetaPower International, Inc. (PINKSHEETS: MTPR) is pleased to announce that the Company's subsidiary, MetaPower Canada, Ltd has received an additional purchase order for $642,000 CAD to develop Process Safety Information (PSI) Packages for a Canadian Energy Company with operations in the Oil Sands Region of Northern Alberta.
MetaPower Canada, Ltd received the purchase order to extend its Process Safety Information Project to an additional facility for an existing client. The PSI Project has been underway since the fall of 2007 and is expected to continue through the fall of 2011.
"The client is being more proactive in managing their PSI Project and is releasing the work much earlier in the year than they have done in the past. This order along with one we received in December brings our PSI Project back log to $1,942,000 CAD. It extends our current project as we expected and shows that the client values our approach to these services. Continuing this work keeps MetaPower on track, meet its performance objectives for this year and certainly helps with the making next year's goals," stated Ken Allen, President of MetaPower International, Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology and services firm originally founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to manage the changes necessary to successfully compete in the current environment. In today's world, business operations must be streamlined to meet the challenges of these turbulent economic times.
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