Global Remote Technologies Ltd has secured a one year service contract from Trinity Energia De Mexico.
Vancouver, B.C., July 10, 2015 — Global Remote Technologies Ltd., (CSE:RGT) has secured a one year service contract from Trinity Energia De Mexico S.R.L. DE C.V., worth an approximate $1,800,000 USD.
Global Remote Technologies will provide an onsite, third party Sr. QA/QC Manager, with API credentials, and an onsite Sr. API Inspector to monitor work performance of EPC Contractor (ICA-Flour) and its subcontractors during the Panuco II Expansion Project in Mexico. GRT personnel will provide oversight and advisement on the project for QA/QC matters. The company is also contracted to perform onsite Positive Material Identification (PMI) analysis of project assets (i.e., equipment, pipe, and etc.) using a PMI Analyzer during the Panuco II Expansion Project.
Chris Dorris, President and CEO of Global Remote Technologies, noted, “We are delighted to have been selected by Trinity to contribute to the Panuco II Expansion Project in Mexico as it represents a major endorsement for us from a demanding market. Our Houston, Texas, team deserves the credit for their hard work in making this potential business partnership a reality. We are also encouraged by the high demand in Mexico for our unique products and high level of services.”
Trinity Energia de Mexico is a leading provider of energy sector field services in Mexico. Clients include Pemex, GDF Suez, ICA Fluor, TAG Pipelines, Dupont, Tractabel, and Pacific LNG.
About Global Remote Technologies:
Global Remote Technologies focuses on the deployment of emerging technologies for the energy sector. Through the use of its advanced engineering and leadership experience, the company brings cutting-edge processes and technologies to the oil patch. Its remote sensor packages transmit telemetry from drilling and production sites, in real time, to a central server where it is viewed in the cloud. The systems are designed to provide key personnel with an early warning system to avoid equipment failures or costly compliance fines. The company collects and communicates vital information on the status of equipment, tanks, and pipelines for exploration, production, and transmission of oil, gas and water. The company has licensed multiple patent pending tools for the oil and gas industry, set to be released later in 2015. Headquartered in Vancouver, BC, Global Remote Technologies also has offices in Denver, Colorado and Houston, Texas.
For more information about Global Remote Technologies, visit www.grtcse.com. Additional information is available under its profile on the SEDAR website, www.sedar.com, or on the CSE website, www.thecse.com.
This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of Global Remote Technologies. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward- looking information because the Company cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and Global Remote Technologies disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Global Remote Technologies
355 Burrard Street Suite 1000
Vancouver, BC, V6C 2G8