SMT Announces the Release of KINGDOM 8.5 With the New KINGDOM GeoModeling

HOUSTON, TX--(Marketwire - October 26, 2009) - SEG International Exposition and Annual Meeting - SMT, the market leader for geoscientific interpretation software, today announced the release of KINGDOM 8.5. The upcoming release includes the new product introduction of KINGDOM GeoModeling, which is the first modular extension of SMT's KINGDOM Advanced product line announced earlier this year.

KINGDOM GeoModeling allows organizations to conduct integrated interpretation and 3D geocellular modeling in a single product. Integrating these two workflows enables interpreters and modelers to share the same workspace during prospect evaluation. This process improvement increases productivity and reduces the time needed to generate and evaluate prospects in more detail and with greater accuracy.

Commenting on the announcement, Stan Abele, VP of Product Management, SMT, said, "KINGDOM GeoModeling is another example of SMT's on-going focus to bring advanced workflows to every desktop. With SMT's new GeoModeling, generalist interpreters can now do what was previously the domain of only specialists -- interpreters can create sealed earth models, conduct volumetric analyses and estimate reserves."

KINGDOM GeoModeling incorporates patented 3D gridding technology from JewelSuite, a leading provider of powerful, easy to use, Windows-based reservoir modeling software. Unlike older gridding technologies, the 2nd generation JewelSuite 3D gridding capability allows complex structural environments to be modeled without compromising the integrity and accuracy of the original structural interpretation. With the incorporation of JewelSuite gridding technology into KINGDOM GeoModeling, SMT now offers best of breed in both interpretation and 3D geocellular modeling in a single, fully integrated product.

"Using the JewelSuite software, our consulting teams -- including Gaffney, Cline & Associates, RDS, Epic Consulting , and GMI -- will be better able to provide the most effective integrated solutions for the most complex reservoirs and development options," said Nathan Meehan, vice president, Reservoir Technology, Baker Hughes (NYSE: BHI).

KINGDOM 8.5 also has numerous enhancements available to customers of the KINGDOM Core product line. Most significantly, KINGDOM Data Management 8.5 is replacing the current OpenKINGDOM Domain product. This update maintains the historical features of OpenKINGDOM while providing a platform for new functionality. New features include the ability to transfer data between KINGDOM projects, which allow users to easily select data and create project subsets, or combine data from multiple projects. Customers can now run QC scripts against KINGDOM projects to check for erroneous results and correct them directly in the interface. In addition, there are many ease-of-use enhancements that make the interface more workflow oriented. Customers who have purchased OpenKINGDOM Domain will receive KINGDOM Data Management as part of their standard maintenance.

Other capabilities in the new release include the ability to save and restore maps, create and apply display templates for all vertical sections, and improvements in the auto tracker. A full list can be seen at SMT's SEG exhibition booth #2043 or at www.seismicmicro.com/whatsnew. The new release is being previewed in demonstrations and during theatre presentations during the SEG.

KINGDOM 8.5 is expected to be available in late Q4, 2009.

About SMT

Seismic Micro-Technology, the market leader for geoscience software, helps organizations find oil and gas faster. The company's KINGDOM software allows geoscientists to focus on the analysis, not on managing the tools. SMT software enables intuitive interpretation, 3D modeling, analysis and data management, in one integrated executable. Customers can install and interpret data in the same day. With 2,700 customers in 95 nations, SMT has demonstrated performance proven to scale. SMT is headquartered in Houston, Texas with offices in Abu Dhabi, Calgary, Croydon (UK), Moscow and Singapore. For more information, visit www.seismicmicro.com.

Contact Information: Contact: Pamela Griffin GriffinGlobal for SMT +1 713-444-6409