Major gas producer selects Matrikon(TM) alarm management solution for new plant



    
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    Highlights
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    -   Alarm management solution includes Matrikon's ProcessGuard(TM) and
        ProcessMonitor(TM) to provide clear visibility to alarm systems and
        enable root-cause analysis and predictive alarming

    -   The USD$1.2 million alarm management solution is the third deployment
        at a major plant for a Middle East gas processing company
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    EDMONTON, April 19 /CNW/ - Matrikon Inc. (TSX:MTK) today announced that
one of the worlds largest gas processing companies based in the Middle East is
deploying Matrikon's alarm management solution for a plant expansion following
the successful completion of alarm management solutions at other facilities.
    The solution includes Matrikon's ProcessGuard for alarm management and
archiving, ProcessMonitor for advanced analysis and predictive alarming, and
extensive consulting services.
    Matrikon was pre-qualified for the project due to two key differentiators
in its alarm management offering: the ability to collect and archive alarm
data from a wide range of control systems and the ability to provide advanced
data analysis tools for predictive alarm management to reduce unexpected plant
trips and equipment failures.
    The solution will be completed over the next three months and may be
expanded to accommodate additional plant areas.
    Michael Brown, Matrikon's vice president of technology stated: "We were
selected for this project because Matrikon is the only company able to offer a
comprehensive alarm management solution and to deliver it as a large scale
solution to achieve sustainable, maintainable results. Our applications
integrate into existing site work practices and this is the key to ensuring
site personnel leverage the technology to its full potential. In addition, the
best way to reduce alarms is to prevent them in the first place, and we are
excited to win this contract due in large part to our unique event detection
and predictive alarming capability."
    Matrikon is the largest global alarm management solution provider, with
over 2,500 installations monitoring and reducing alarms at over 4,000 plants
worldwide.

    About Matrikon

    Matrikon (www.matrikon.com) is a leading provider of integrated
industrial intelligence solutions that enable manufacturing plants to achieve
operational excellence by transforming production data into knowledge to
predict and prevent problems and optimize operations. Matrikon's customers
achieve agile operations through the combination of external market and plant
data to make informed, intelligent decisions in real-time. With offices in
major cities throughout North America, Australia, Europe and the Middle East
and a global client base including industry leaders in a wide range of process
industries, Matrikon's reach is global.

    Matrikon, ProcessGuard and ProcessMonitor are trademarks or registered
    trademarks of Matrikon Inc.

    Cautionary note regarding forward-looking statements
    This press release contains "forward-looking statements". Some of these
statements may involve risks and uncertainties and other factors that may be
beyond Matrikon's control and may cause actual results to be materially
different from those contained in such forward-looking statements. Additional
information concerning factors that could cause actual results to materially
differ from those in the forward-looking statements is contained in Matrikon's
filings with the Canadian provincial securities commissions.

    %SEDAR: 00016228E




For further information:

For further information: Nicole Sayler, Matrikon Investor Relations,
Phone: (780) 945-4010, nicole.sayler@matrikon.com

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MATRIKON INC.

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