Yokogawa and MAVERICK Technologies Announce New Agreement with Chevron

    COLUMBIA, ILL., June 14 /CNW/ - Yokogawa and MAVERICK Technologies
announced today that their joint alliance has been selected as the main
automation and control contractor for Chevron's global refineries in a
long-term agreement.

    During this time frame, Chevron intends to strengthen operations and
reliability at its eight wholly owned refineries by standardizing and
modernizing the process automation and control infrastructure.

    Yokogawa will provide its innovative control technologies and MAVERICK
will provide the majority of the engineering, construction management and
installation services through their YMAC alliance (Yokogawa MAVERICK Alliance
for Chevron). The YMAC scope includes validation of design specifications,
field instrumentation, Integrated Process Control and Safety Systems design
and implementation, asset optimization and advanced applications.

    This work will be performed under Service/Purchase Orders incorporating
the terms of the International Master Agreement signed recently between
Chevron U.S.A. Inc. and Yokogawa.

    This landmark agreement for the modernization of these eight global
Chevron refineries and related process units is one of the single largest
programs in the process automation industry for a main automation contract.

    About MAVERICK

    MAVERICK Technologies is a next-generation engineering, systems
integration and operational consulting firm. The company delivers innovative
solutions for a wide range of manufacturing and process clients, leveraging an
extensive network of skilled employees deployed from regional and
international locations.

    MAVERICK's talented staff is dedicated to helping clients break away from
the business inefficiencies they face. MAVERICK delivers profitability
improvement -- individually in plant automation, performance management and
business systems, and holistically by integrating knowledge across the
enterprise. To learn more, please visit www.mavtechglobal.com.

    For media inquiries, contact Brad Wise at 713-770-3303 or

For further information:

For further information: MAVERICK Technologies Brad Wise 713-770-3303

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