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  2013 News Archive

Nov. 25, 2013 Transzap Announces Record-Breaking Growth for 2013
 

DENVER and HOUSTON − November 25, 2013 - Transzap, the parent company of Oildex, the cloud-based provider of smart information management solutions for the Oil and Gas industry, is pleased to announce record breaking growth in October, 2013 across the business including revenue and transactional volume. [Read more]


November 18, 2013 Houston Entrepreneur Wins National Ernst & Young Award
 

Ernst & Young LLP has named Peter Duncan, president and CEO of Houston’s MicroSeismic Inc., as the winner of the firm’s national Entrepreneur of the Year award in the category of energy, cleantech and natural resources.

Ernst & Young announced Gulf Coast-area award winners in June. All of the winners of the regional awards around the country went on to compete for the national title of Entrepreneur of the Year.
Duncan was the only entrepreneur from the Gulf Coast region to win a national title this year. The award is given to entrepreneurs who demonstrate innovation, financial success and personal commitment to their business.

MicroSeismic, which has a technology that monitors and maps microseismic activity for drilling companies, has rapidly expanded its growth in recent years. Duncan has told the Houston Business Journal about his company’s plans for increased international expansion and plans for improving its technology.

Besides Duncan, 10 other entrepreneurs from around the country won national Ernst & Young awards in different fields, such as retail and consumer products and life sciences. The overall winner was Hamid Moghadam, CEO and chairman of San Francisco-based Prologis, a real estate firm.

Molly Ryan covers manufacturing, technology, the Port and logistics for the Houston Business Journal. For her breaking stories and industry insights, follow her on Twitter.


July 16, 2013 Kevin Gerland Appointed RigNet's Vice President - Finance
 

HOUSTON - July 16, 2013 - RigNet, Inc. (NASDAQ: RNET), a leading global provider of managed remote
communications solutions to the oil and gas industry, announced today the appointment of Kevin Gerland to the position of Vice President - Finance and Chief Accounting Officer. [Read more]


June 18, 2013 MicroSeismic Founder & CEO, Peter Duncan Named 2013 Regional Award Winner for Ernst & Young Entrepreneur Of The Year
 

HOUSTON, TEXAS – June 18, 2013: MicroSeismic, Inc. (MicroSeismic) Founder and CEO, Peter M. Duncan, Ph.D. was named the regional award winner in Technology for the Ernst & Young Entrepreneur Of The Year® 2013 program for the Gulf Coast Area at its annual banquet held June 13 at Houston Hilton Americas. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.  [Read more]


June 6, 2013 Transzap Announces Milestone, Record Number of Companies Employ Oildex's Smart Data Managment Solutions
 

DENVER and HOUSTON − June 6, 2013 - Transzap, Inc., the parent company of Oildex, the innovator of cloud-based smart information management solutions for the energy industry, is pleased to announce that a record number of new customers have employed its ePayables, eRevenue and eStatement services. Over the previous year, the number of customers who adopted Oildex’s solutions grew by more than 53% and new revenue increased by nearly 50%. A corporate growth initiative executed just over 12 months ago by Transzap's board of directors and President and CEO, Richard Slack, along with one of the most experienced software teams available, is credited for this success.  [Read more]


May 23, 2013 Transzap Releases Stakeholder, the Industry's Most Intuitive Online Portfolio Management Solution for Royalty Owners
 

DENVER and HOUSTON − May 23, 2013 - Transzap, Inc., the parent company of Oildex, the innovator of cloudbased smart information management solutions for the energy industry, is pleased to announce the release of Stakeholder, the industry’s most intuitive portfolio management solution built specifically for Royalty Owners. [Read more]


May 9, 2013 Transzap Reports Milestone, Spendworks Helps Customers Process Record Payables in 2013
 

DENVER and HOUSTON − May 9, 2013 - Transzap, Inc., the parent company of Oildex, the energy industry’s innovator of cloud-based smart information management solutions, is pleased to announce, in April, its customers processed a record volume of payables through the Spendworks platform. In addition, electronic vendor participation was at an all-time high, representing multiple billions of dollars in transaction detail. [Read more]


April 30, 2013 MicroSeismic, Inc. Announces Downhole Monitoring with EventPick Technology
 

HOUSTON, TEXAS   – April 30, 2013 – MicroSeismic, Inc. (MicroSeismic) announced today, EventPick™, its Downhole Monitoring Technology. The new solution has advanced p- and s-wave first arrival picking capability for hydraulic fracture mapping. EventPick provides an independent evaluation of well stimulation results in real-time for areas less suitable for surface-based microseismic acquisition. [Read more]


April 30, 2013 RigNet Launches iDirect Network in Australia for Onshore Energy, Mining and Maritime Applications
 

Herndon, Va., April 30, 2013 – VT iDirect, Inc. (iDirect), a company of VT Systems, Inc. (VT Systems), today announced that RigNet, Inc. (NASDAQ:RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, has installed an iDirect Series 15100 Universal Satellite Hub in Adelaide, Australia, to extend its services to Australia and the Asia Pacific region. The business expansion will enable RigNet to tap into growing market segments, including onshore natural gas and oil exploration, energy, mining and maritime. iDirect is a world leader in satellite-based IP communications technology. [Read more]


April 11, 2013 Transzap Recognized as a Top Software Development Company
 

DENVER and HOUSTON − April 11, 2013 - Transzap, Inc., the parent company of Oildex, the pioneer developer of cloud-based smart information management solutions for the energy industry, is pleased to announce it was selected by the Denver Business Journal as one of the top Denver-area software development companies. [Read more]


March 25, 2013 Infrastructure Networks Acquires YR20
 

Infrastructure Networks, Inc, a Houston, Texas-based provider of broadband wireless networks to oil and gas and other critical infrastructure industries, has announced that it has acquired YR20, another Houston-based company which provides network analysis and remote connectivity services to the upstream Oil and Gas industry. YR20 holds a United States Patent for their FastL2® technology, bolstering Infrastructure Networks compelling set of products and services. [Read more]


February 12, 2013 MicroSeismic, Inc. Celebrates a Decade as Recognized Leader in Microseismic Technology
 

HOUSTON, TEXAS – February 12, 2013: MicroSeismic, Inc. (MicroSeismic) celebrated its ten-year anniversary on January 22 – a significant milestone for the company which commercialized passive seismic monitoring. The past ten years has seen the company expand to over 300 employees in four locations and become the industry-recognized leader in surface and near-surface passive seismic monitoring. [Read more]


February 5, 2013 Transzap Spendworks ePayables Platform Selected By One of the Nation's Largest Independent Producers
 

DENVER and HOUSTON − February 5, 2013 - Transzap, Inc., the parent company of Oildex, the pioneer developer of cloud-based smart information management solutions for the energy industry, announced today that one of the nation’s largest independent oil and gas exploration companies has invested more than $3 million to employ Spendworks, a SaaS-based solution proven to streamline invoice workflow and approval processes. [Read more]


January 31, 2013 Transzap Processes Over $170 Billion In Transaction Detail Through Its Smart Information Management Platform
 

DENVER and HOUSTON − January 31, 2013 - Transzap, Inc., the parent company of Oildex, the pioneer developer of cloud-based smart information management solutions for the energy industry, announced today its 2012 successes in delivering the energy industry’s leading smart information management platform. Significant investments made to Oildex’s infrastructure, development cycle, people, and facilities, have further widened the company’s footprint in the industry with record transaction levels and network growth. [Read more]

 
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