October 07, 2009 15:27 ET

GeoFields to Showcase Distribution Integrity Management Risk Modeling Solution at World Gas Conference

BUENOS AIRES, ARGENTINA--(Marketwire - October 7, 2009) - GeoFields, Inc., a global leader in asset data management and integrity management solutions for the pipeline industry, today announced the demonstration of a gas distribution risk modeling solution at the 24th World Gas Conference. GeoFields will showcase the upcoming release of RiskFrame® DIMP Modeler in the GeoFields booth #Y44, October 7-9, 2009, at the La Rural Exhibition and Conference Centre in Buenos Aires, Argentina.

"GeoFields is pleased to have the opportunity to showcase our latest pipeline integrity management solution in front of this focused, international natural gas audience," said Brad Schaaf, chief executive officer at GeoFields. "Adding to our robust RiskFrame suite of integrity applications, gas distribution operators will be able to model and prioritize risk, meeting the demands of Distribution Integrity Management Program (DIMP) requirements."

The RiskFrame DIMP Modeler demonstration will highlight the ability to identify threats and model distribution risk without the need of a measured centerline, a typical requirement for transmission systems. Users will have the ability to apply their organization's risk algorithms, define the contributing risk factors (causes and consequences), and calculate the final risk value. Following the processing of this data, the resulting risk scores can be displayed within a map document, tabular or chart view, allowing operators to more efficiently prioritize and focus on areas having the highest risk.

About GeoFields

GeoFields provides proven data management solutions designed to meet the unique data integration, analysis and regulatory requirements of the oil and gas pipeline industry. Services include asset data management, risk assessment and integrity management, pipeline database development, field operations and reporting support, data and application hosting, project data management and consulting. GeoFields supports industry standard pipeline data models such as PODS and APDM. The company is headquartered in Atlanta, with a regional office in Houston. For more information, go to www.GeoFields.com or call 404.253.1000.

GeoFields, RiskFrame and DataFrame are trademarks or registered trademarks of GeoFields, Inc.

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