Zedi Inc.

Zedi Inc.

October 08, 2009 11:19 ET

Zedi integrates chart and EFM data on same web portal

CALGARY, ALBERTA--(Marketwire - Oct. 8, 2009) - Zedi Inc. (TSX VENTURE:ZED) announces the integration of Zedi TrueChart(TM) with Zedi Access(TM) (formerly Smart-Alek.com). In line with Zedi's strategy and values, the integration creates efficiencies for oil and gas producers with the ability to view both chart and electronic flow measurement (EFM) data through one secure web portal.

The automated integration of chart and EFM data on Zedi Access sets a new standard in the management of gas field production. Producers will benefit from the ability to include chart data in trending reports and data exports, two key pieces of functionality that are already enjoyed with Zedi Access. In addition to enhanced visibility of production, producers will realize improved auditability of gas well measurement data, a key factor in the ERCB's upcoming Enhanced Production Audit Program (EPAP).

Having critical information from different sources, all accessible in one place, simplifies operations, saves valuable time, eliminates errors and reduces costs. Everybody from the field to head office can make smarter decisions about daily workflow activities or future operational direction.

"Zedi strives to deliver an experience that positively addresses our customers' business needs, regardless of their field device choice," explains Jeff Jewitt, Zedi's Surveillance Product Manager and project lead for the integration project. "Providing chart and EFM data in one spot simply gives producers faster, easier access to accurate data and provides new capabilities that helps them better manage their operations and compliance requirements."

Zedi TrueChart is Zedi's high resolution image analysis software that fully automates the production of daily readings from charts and delivers the most comprehensive coverage of events available at the meter site today. Emerging from the acquisition of OAS Oilfield Accounting Service Ltd. in October 2008, Zedi TrueChart complements the full range of Zedi's monitoring systems - Smart-Alek(R), Zedi EFM Walk-up(TM), Zedi SCADA(TM) and Zedi Connect(TM).

About Zedi Inc.:
Zedi Inc. (TSX VENTURE:ZED) specializes in the end-to-end management of oil and gas production operations. Zedi arms producers from the field to head office with accurate, timely and centralized data to help them make better business decisions. Using technology to gather highly accurate data from well sites, Zedi automatically moves it through critical work processes including web-based field data capture and production accounting systems. Zedi technology is continually evolving in the control and optimization of wells to ensure maximum production and cost reduction. Established in 1987, Zedi has enhanced the operational performance of more than 400 upstream, midstream and oilfield service customers.

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

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