Real Time Measurements Inc.

Real Time Measurements Inc.

March 02, 2005 12:18 ET

Real Time Measurements: News Release


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: REAL TIME MEASUREMENTS INC.

TSX VENTURE SYMBOL: RTY

MARCH 2, 2005 - 12:18 ET

Real Time Measurements: News Release

CALGARY, ALBERTA--(CCNMatthews - March 2, 2005) - Real Time Measurements
Inc. ("RTM") (TSX VENTURE:RTY) Mr. Terry Matthews, President of RTM,
announces the signing of a strategic partnership agreement with Finesco
International General Trading and Contracting Company of Kuwait. With
this partnership, RTM gains direct access to the substantial Kuwait oil
and gas service market, and a significant new market for its downhole
and surface oil and gas data retrieval services.

In business in the region since 1982, Finesco has grown to become the
largest independent and locally owned oil and gas services provider in
Kuwait. Terms of the deal have not been disclosed.

CEO Terry Matthews advises "This partnership represents the opportunity
to capitalize on RTM's technology strengths married with Finesco's
regional market penetration and deployment expertise. RTM looks forward
to a long and mutually beneficial relationship with Finesco."

About Real Time Measurements Inc.

Based in Calgary, Alberta, RTM is in the business of providing Smart
Drop Off ("SDO") services, specialized electronic instrument rentals and
data processing services to oil and gas producers. Management believes
RTM's exclusive SDO service represents a re-engineering of the downhole
pressure surveying business and that RTM is the only company offering
the service. SDO proprietary technology creates a data link between
pressure gauges placed at the reservoir in a well and the test
supervisor's desktop computer. This gives savvy well operators an
opportunity to optimize and save costs on well testing.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Real Time Measurements Inc.
    Terry Matthews
    President
    (403) 720-3444
    Email: terry@rty.ca
    Website: www.rty.ca
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.