SOURCE: Navarik Corp

Navarik Corp

Navarik Corp

June 03, 2013 11:37 ET

ExxonMobil to Deploy Navarik Inspection™

VANCOUVER, BC--(Marketwired - Jun 3, 2013) - Navarik Corp., a global leader in the management of cargo inspection data for the oil industry, announced today that ExxonMobil (NYSE: XOM) is the latest major oil company to enter into an agreement for the Navarik Inspection™ system. 

Launched in November 2007, the Navarik Inspection™ system has been deployed globally by major oil companies and an OPEC member, becoming the standard for cargo inspection management within the petroleum industry. Navarik Inspection™ achieved this leadership position by providing the automation, standardization and business intelligence necessary for companies to mitigate operational risk, increase productivity, and make better trading decisions.

Patrick Rooney, President & CEO of Navarik, stated: "This is an exciting addition to Navarik Inspection and builds on our existing relationship with ExxonMobil as a Navarik VEF customer. The Navarik team will be working closely with ExxonMobil over the coming months in preparation for the deployment of Navarik Inspection." 

About Navarik

Navarik's mission is to be the leading provider of physical operations software and data services for the commodity trading industry by leveraging its on-demand software platform and industry expertise. Many of the world's largest oil companies rely on Navarik's flagship product, Navarik Inspection™, for business process automation and data intelligence to help them optimize trade with their counterparties and achieve better performance from their inspection firms, terminals and vessels.

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