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OILwatch Extends Delivery of Real-time Energy Market Information to BlackBerry Devices
London, September 14, 2005
OILspace®, a global industry leader in providing energy market information, content management tools, and supply chain management solutions to downstream energy companies, announced availability of OILwatch on BlackBerry.
OILwatch delivers energy professionals optimum mobility and functionality unmatched by any other system today. A trusted, single-source to view critical news and pricing benchmarks essential for making minute-by-minute financial decisions, OILwatch on BlackBerry delivers true, real-time NYMEX and ICE futures ticks and news from leading media including Platts, Dow Jones and BBC Monitoring. Prices and news are live and fluid, changing simultaneously with the market, and do not need to be refreshed manually like other systems. A sophisticated data algorithm delivers only changes to the display to keep data transfers to an absolute minimum.
OILwatch was the world's first fully Web-based energy market information portal and the market leader in delivering aggregated energy data and news on XDA and PocketPC devices. The release on Blackberry follows extensive work with their global customer base.
"Global oil prices are extremely volatile right now and you can't expect oil professionals to sit in front of a terminal 24-hours a day. Our customers needed an application to stay connected with the market that was mobile, real-time, easy to use, robust, and price competitive. That's exactly what we delivered with OILwatch over BlackBerry devices," says Chris Sternberg, VP of Global Marketing for OILspace.
The application has already been a market success, with existing and new OILwatch users across the globe. "The IPE/Merc through OILspace on Blackberry is great, said Walter Boesch, a Trader at EFS Management. "It's one of the simplest applications I've ever seen. You really install it within two minutes and it works."
""One of the biggest benefits of OILwatch is mobility - wireless access means our users can check news and prices out of the office and abroad. This has been a breakthrough for our business,"
says Ed Morse, Executive Advisor for HESS.
"The freedom provided by this technology equips our users with an unprecedented level of responsiveness to the market by taking the tools - which are traditionally found in an office environment - out on the road. This provides clear and comprehensive competitive advantage," continued Mr. Sternberg.
What oil professionals using other, inferior systems may find even more remarkable is that there is no additional cost for OILwatch on BlackBerry. For the same investment, OILwatch customers have the choice and flexibility to securely access their account from any Internet-enabled computer, XDA, PocketPC or BlackBerry device.
What motivates a company to invest considerably in mobile development and then not charge additional for it? The answer is simple really, says Mr. Sternberg. "Mobility is becoming increasingly important to traders, who no longer need to be tied to terminals, phone into the office or wait until they can dial into their corporate network. Our customers are busy, mobile energy professionals. They want to be able to access imperative market data on the move. The availability of OILwatch on BlackBerry is an outcome of our ongoing commitment to deliver vital market information where and when our customers want it."
OILspace provides more information at http://www.oilspace.com/oilwatch/ and offers 14-day trials at no cost at www.oilspace.com/eng/forms/free_trial.html.
About OILspace
Launched in 1999, OILspace® delivers supply chain and market information solutions to the world's top oil companies and employs over 120 staff in Houston, London, Singapore, Shanghai and Moscow. Clients produce, refine, market, ship and trade globally and rely on OILspace's expertise in complex physical oil, natural gas and petrochemical markets. OILspace is an applications developer and integrator with a proven track record for delivering scalable solutions that produce measurable returns-on-investment (ROI) through adaptive, component, real-time web-based applications. (See our website, OILspace®, for more information on our service-oriented architecture (SOA) and Energy Service Bus (ESB) real-time messaging platform.) Other OILspace applications include: ASPect Office® , an integrated suite of front- and mid-office supply chain management applications; and TeamWorks®, a collaborative system for efficiently buying, selling and shipping oil.
About OILwatch
Energy buyers, sellers, traders, and analysts rely on OILwatch as a trusted, single source to view critical news and pricing benchmarks essential for making minute-by-minute financial decisions. Critical news and pricing feeds include: NYMEX & ICE futures, Platts, Dow Jones Energy, Petroleum Argus, NGI, Forex data and more. Its intuitive interface allows users to easily browse through panels of market data to swiftly track, chart and forecast transactions; and identify risks, trends and profitable opportunities ahead of competitors. OILwatch is the single market data system that allows companies to save money traditionally spent on implementing, integrating and maintaining complex, multiple legacy systems. It's fully web-based with unparalleled service reliability, providing essential market visibility while in the office or traveling via handheld wireless PDA and BlackBerry devices.
OILspace US/ Canada
Brigette Gebhard
bgebhard@oilspace.com
+1 732 797 0046
EMEA PR Agency
Kevin Fiske
kevin@sagepartnership.com
+44 1189 344007
OILspace Asia-PAC
Kishor Sujanani
ksujanani@oilspace.com
+86 21 6122 1075 |
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