Business Services Industry
Shell Gas Transmission to Deploy Quorum's New Pipeline Transaction Management Software; Third Pipeline System License since Product Launch in 2003 for Quorum
Business Wire, June 17, 2004
HOUSTON -- Quorum Business Solutions Inc. (Quorum) today announced that Shell Gas Transmission, LLC has entered into an agreement to license the Quorum Pipeline Transaction Management system to replace its legacy pipeline transaction management system. Shell Gas Transmission is the third company to license Quorum's new pipeline transaction management product since its launch in 2003.
Shell Gas Transmission, LLC and its partners operate a number of FERC regulated interstate pipelines as well as intrastate pipelines, capable of transporting almost 9 billion cubic feet of gas per day from the deepwater Gulf of Mexico.
The built-in configurability of Quorum Pipeline Transaction Management system meets continuously evolving business and regulatory requirements, and ensures effective long term support for the system by the supplier. Implementation of the software has already begun and is scheduled to be complete in 4th Quarter 2004.
"Quorum Pipeline Transaction Management represents the first new commercial pipeline transaction management software initiative in the industry for more than a decade," said Mr. Paul Weidman, president of Quorum Business Solutions. "Our growing customer base validates the broad applicability of the software and demonstrates the demand for next generation software to manage the pipeline business."
About Quorum Business Solutions Inc.
Quorum Business Solutions Inc. is a product-centered consulting services company that designs, develops, implements and supports business software solutions with a unique approach to helping clients obtain long-term value. Quorum provides industry standard energy software solutions as well as software products that support selected business processes across multiple industries, including Contract Management software. Founded in 1998, Quorum now has over 140 staff operating out of offices in Houston, Dallas, and Calgary. Represented among Quorum's clients are over 20 Fortune 500 companies.
Quorum provides the Quorum Energy Software Suite, a set of business applications for the energy industry that includes TIPS, the de facto industry standard solution for gas processors. Quorum's energy software products are used by companies that produce, gather, transport, process and market natural gas and other energy commodities. The company's products include Contract Management, Land and Lease Management, Production and Revenue Accounting, Gathering Management, Environmental Management, Joint Interest Billing, TIPS (Gas Plant Accounting and Allocations), Measurement, Right of Way, Pipeline Transaction Management, Pipeline Integrity Management, Liquids (NGL) Marketing, Gas Marketing, and LDC Transportation Management.
For more information, visit Quorum's Web site at www.qbsol.com or call us at 713-430-8601.
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