Pason Systems Inc. announces transition to new Mexican partner



    
                                                         Stock Exchange: TSX
                                                                 Symbol: PSI
    

    REYNOSA, Mexico, Oct. 22 /CNW/ - Jim Hill, President of Pason Systems
Inc., wishes to announce that effective December 1, 2008 the rental operations
and support of Pason products in Mexico will be transitioned from the current
partner, Pedro Galindo, to Pason's South American partner, Gary Storey,
operating under the name of Pason DGS.
    Mr. Hill commented, "The management of our products, reporting software,
communications, inventory control, non-English technical support and
individual country R&D needs is becoming increasingly complex. The Pason
international business partners must create a significant management level to
interact with and obtain the support of the specialists in Calgary's corporate
services group. This management level is difficult to support or financially
justify from just the Mexican market. However, with Mexico now rolled under
the management of Pason DGS, the management burden is now shared across many
more countries.
    Pedro Galindo has done an excellent job in taking our business from
start-up in 2001 to approximately US$4 million of annual revenues today. We
are happy to offer continuing employment to all of Pedro's people and will
also continue to lease his existing offices and warehouses. Further, Pedro
will continue to be associated with the Pason Mexico business in a marketing
role which should ensure that the management transition goes smoothly and all
customer relationships continue unaffected.
    All of us involved, the Calgary corporate services group, Pedro Galindo,
Gary Storey and I sincerely believe that we can continue to significantly grow
our instrumentation rental business in Mexico."

    Pason Systems Inc. is the world's largest provider of rental oilfield
instrumentation systems that are designed and manufactured for use on
land-based drilling and service rigs. Pason has elevated the scope of oilfield
instrumentation from its historical commodity priced framework by offering a
tightly integrated package of complex services including data acquisition,
wellsite reporting software, remote communications and Internet information
management tools.
    Pason's common shares trade on the Toronto Stock Exchange under the
symbol PSI. For additional information visit the website at www.pason.com.





For further information:

For further information: Jim Hill, President and CEO, (403) 301-3401,
jim.hill@pason.com; Jim Glasspoole, Chief Financial Officer, (403) 692-3840,
jim.glasspoole@pason.com


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