zed.i solutions inc.

zed.i solutions inc.

August 10, 2006 19:07 ET

zed.i Announces Corporate Adoption of its PetroNet: Production Accounting Application by Compton Petroleum

CALGARY, ALBERTA--(CCNMatthews - Aug. 10, 2006) - zed.i solutions inc. ("zed.i") (TSX VENTURE:ZED) announced today that Compton Petroleum Corporation will augment its production accounting practices with the corporate adoption of zed.i PetroNet: Production Accounting Application. zed.i believes that its customers will realize greater efficiencies through the use of a single application that combines an easy to use interface with the highest degree of functionality required for government reporting, sales splits, revenue recognition and royalty calculations. The adoption of PetroNet's web-based application will enable customers to translate accurately measured oil and gas volumes into revenues with greater certainty.

"We are starting to see a real appetite for zed.i PetroNet: Production Accounting Application in the market place," said Rod Heard, VP Sales and Corporate Development at zed.i solutions. He added: "We are dedicated to helping our customers realize a productive shift in operational performance by delivering applications that combine state-of-the-art function, with practical considerations, such as ease of use and deployment options."

zed.i solutions Inc. (TSX Venture: ZED) is the emerging leader in production operations management and compliance for decentralized operations in commodities industries. With a principle focus on the energy sector, the zed.i suite of automated system and expert services bring certainty to production intelligence management. This helps zed.i customers and their people to realize untapped profitability and performance potential.

Established in 1987, zed.i has collaborated with customers and stakeholders to champion a new discipline in oil and gas industry performance. With installed systems managing thousands of sites - zed.i has enabled a productive shift in operational performance for more than 180 upstream, midstream and oilfield services organizations.

Please visit www.zedisolutions.com, for more information.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

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