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NuTech Solutions Partners with Advanced Resources International
CHARLOTTE, NC and HOUSTON, TX -- January 27, 2005 -- NuTech Solutions, specializing in advanced predictive analytics for the petroleum industry,
has formed a strategic alliance with Advanced Resources International (ARI) to mutually increase the breadth of solutions offered to the upstream
oil and gas industry.
Advanced Resources’ team, which provides oil and gas consulting services for geology, geophysics, petroleum engineering, and strategic planning,
will now recommend NuTech’s solutions for their clients with reservoir simulation and operational optimization requirements.
"Partnering with a leader in optimization solutions enables us to deepen our client relationships, ensure that clients generate value from our
consulting recommendations, and broaden our service offerings," said Scott Reeves, Executive Vice President of Advanced Resources International.
NuTech’s Intelligent Business Engines™ provide adaptive solutions for the petroleum industry, including Enhanced Oil Recovery and Workover and
Pipeline Logistics Optimization. "NuTech increases our value to the customer by incorporating ARI’s strategic and engineering consulting as a
foundation for generating the benefits of our advanced science for the petroleum industry," said Tom Wilson, CEO of NuTech Solutions. "We look
forward to enhancing the value we deliver to our mutual clients through this partnership with ARI."
About NuTech Solutions
NuTech Solutions, Inc. delivers innovative solutions, powered by Intelligent Business Engines™ that forecast, optimize and learn - delivering insight and
measurable results to Global 1000 companies. Our solutions are designed to solve complex problems in a variety of industries, including automotive, consumer
goods, petroleum, financial services and national security.
Based in Charlotte, N.C. and with offices around the world, NuTech Solutions’ client roster includes General Motors, Oxy, Beiersdorf, BB&T, Ford Motor
Company, ChevronTexaco, Air Liquide and many U.S. Government Departments and Agencies, including the Department of Defense. For more information call
(704) 549-4480 or visit www.nutechsolutions.com.
About Advanced Resources International
Advanced Resources International (ARI) is a leading independent research and consulting firm specializing in emerging oil and gas resources, exploration
and production technologies, and strategic issues for the 21st century energy industry. Since the company’s inception in 1991, ARI’s team of
geoscientists, engineers and business analysts have been providing a wide range of value-added services for our worldwide clientele, which include
most major and independent oil and gas producing companies, national oil companies, multi-lateral lending institutions, research organizations, and
governments.
With offices Washington (DC), Houston and Denver, ARI’s services encompass the development of integrated business solutions at the highest corporate
level, complex technical problem-solving, research, and consulting and training on a broad spectrum of exploration, production and reservoir topics. For
more information call 713-780-0815 or visit www.adv-res.com.
Forward-looking (safe harbor) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing
words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking,
and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the
expectations expressed in these forward-looking statements.
Contact:
Stuart Smith
Red Nine PR
404.261.0707
ssmith@redninePR.com
www.redninePR.com
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