Quorum Business Solutions Delivers Bilingual Land Solution to Tengizchevroil, LLP; Marks First International Licensing Agreement for Quorum

Business Wire, Dec 7, 2004

HOUSTON -- Quorum Business Solutions Inc. (Quorum) has delivered a multi-lingual version of its Quorum Land software package to Tengizchevroil, LLP for use to support land resource management operations in Kazakhstan. The delivery of the system marks Quorum's first licensing agreement to a client outside of North America. Tengizchevroil, LLP is a limited partnership between ChevronTexaco Overseas Company, ExxonMobil Kazakhstan Ventures, KazMinuaiGaz and LukArko that is involved in the turn-key development of the giant Tengiz and nearby Korlev oil fields in Kazakhstan.

Tengizchevroil entered in to the agreement with Quorum with the unique requirement to configure the software for use in the Kazakhstan market. The system was enhanced to provide Russian language capabilities and the ability to manage Kazakhstan-based land and lease agreements. Implementation of the software is complete and the system is in use by Tengizchevroil.

"Consistent with all of our software products, Quorum Land was built to be highly configurable," said Mr. Gary O'Dwyer, vice president of Quorum Business Solutions Inc. "As a result, all units, date formats and other key data items are configurable. With this project, Quorum makes its debut into the international marketplace and enables users to view the application in either a local language or English demonstrating the flexibility and diversity of our products."

About Quorum Business Solutions Inc.

Quorum Business Solutions Inc. is a product-centered consulting company that designs, develops, implements, and supports business software solutions for the energy industry with a unique approach to providing a longer product life span. Founded in 1998, Quorum now has over 150 staff operating out of offices in Houston, Dallas, and Calgary. Represented among Quorum's clients are over 20 Fortune 500 companies.

Quorum Energy Software Suite is a set of integrated business applications designed for companies that produce, gather, transport, process and market natural gas and other energy commodities. The inherent integration of the suite allows the products to work together to facilitate straight through processing from wellhead to burner tip. The Quorum Upstream Suite includes products for land & lease management, integrated mapping/GIS, production & revenue accounting, core financials (GL, AP, AR), cost accounting (JIB, AFE, FA), division order, volume management, and gas marketing. The Quorum Midstream Suite includes TIPS, the de facto industry standard solution for gas plant accounting, and products for measurement, division order & disbursements, gathering management, liquids marketing, and enterprise contract management. The Quorum Pipeline Suite includes products for pipeline transaction management, pipeline integrity management, and right-of-way management.

For more information, visit Quorum's Web site at www.qbsol.com or call 713-430-8601.