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Galdos expands into oil and gas market

Vancouver, BC, CANADA – Galdos Systems Inc. is pleased to announce the signing of a contract for the development of a data registry with Shell International Exploration and Production B.V. (Shell). Royal Dutch Shell plc is a market leader in oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects including wind and solar power.

Shell has engaged Galdos’ Engineering Services department to develop an open standards based Coordinate Reference System (CRS) registry for deployment within Shell and the International Association of Oil & Gas Producers (OGP). The purpose of this development is to create a central, global access point for coordinate reference systems. Users will be able to acquire the most up to date CRSs from a single source. As a result Oil and Gas companies across the world will be able to access accurate data to better manage drilling and exploration projects.

“This contract is pivotal in enabling us to enter the Oil & Gas market,” said Shaukat Jiwa, President of Galdos Systems Inc. According to Ron Lake, CEO of Galdos Systems Inc., “It is of great importance that Oil & Gas companies have access to a global and up to date database of CRSs.” He continued, “This kind of information enables Oil & Gas companies to improve their management of land assets, exploration and production projects.”

Galdos’ Engineering Services department assists organizations and government agencies move to an open-standards based IT infrastructure. In particular, Galdos offers extensive knowledge in the areas of GML, XML and web services technologies.

About Galdos Systems Inc:

Galdos targets the rapidly growing Spatial Data Infrastructures (SDI) market. Founded in 1998, Galdos revolutionized GIS Technology and mobilized the worldwide GeoWeb by authoring the Geography Markup Language (GML). The company is recognized as a world leader in the development of cost-effective systems for delivering GML and XML-based products for governments, government agencies and private companies that deal with geographic information. Galdos technology enables its customers to manage geographic information from multiple sources and share it across the Internet in real-time. For Galdos’ customers this means increased efficiencies in data sharing and significant cost reductions. For more information on Galdos, please visit www.galdosinc.com

About Shell International Exploration and Production B.V.

Located in Rijswijk, The Netherlands, Shell International Exploration and Production B.V provide technology solutions, advice and services to Shell companies involved in exploration and production companies worldwide. Shell have interests in oil and gas exploration and production ventures in more than 36 countries including the production of Liquefied Natural Gas. Some E&P interests date back to the beginning of the 20th century, reflecting the long-established relationships of Shell companies in some countries. For further information, visit www.shell.com

For more information or to schedule an interview, please contact:

Patricia Carlos

Marketing Coordinator
Galdos Systems Inc.
(604) 484-2768
pcarlosatgaldosincdotcom

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