Press release
Oslo, April 26th, 2010

Techno House and Octaga enters into product development and OEM agreement

Sandefjord - Oslo, Norway: Techno House, a supplier of Life Cycle Management systems, has entered into a product development agreement with Octaga for integration of Octaga's 3D visualization platform Octaga Enterprise. In this way the customer can get web access to all data in the 3D model throughout the lifetime of the project, from FEED phase to operation, maintenance and modification.

Octaga, leading vendor of world class 3D visualization software and services for the Oil & Gas and the AEC markets, has committed to provide Techno House with the latest web streaming 3D technology for their Sharepoint based product.

"This agreement with Octaga represents a milestone for Techno House (3D LCM) development project as both companies share a common vision of how CAD/CAE information should be used to facilitate and improve the life cycle management of projects and operations for the Oil & Gas as well as process & AEC industries."  says Petter Sanna, CEO of Techno House.

"The agreement with Techno House represents a great opportunity for us to improve support for Microsoft Sharepoint products and it strengthens our position as OEM provider." says Ola Ødegård, CEO of Octaga.

Ola Ødegård, CEO Octaga, and Dr. Samim Al-Bader, Director Engineering, LCM Development Project Manager

For more information

Techno House
Petter Sanna
CEO
Tlf:+ 47 33480900 E-mail : This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Octaga
Ola Ødegård
CEO
Tel: +47 90519176, E-mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
 

About Octaga

Octaga AS is a producer of world class, interactive 3D software products and a creator of outstanding simulation services for the Oil and Gas and AEC industries. Octaga is an emerging company with 300 customers worldwide. Octaga's interactive 3D viewing products are used for operation, maintenance and training with focus on intuitive viewing and simulation. The flagship product Octaga Enterprise is especially designed to meet the need for efficient real-time handling of the constantly growing 3D CAD models. Octaga's high quality viewers are based on ISO standards, and have more than 1 million users worldwide. Octaga is trusted by clients such as Siemens, Shell, GE Oil & Gas, FMC Technologies, Statoil, Det Norske Veritas, Chevron, Technia, Nexans and Software Innovation.

About Techno House
Techno House AS is an engineering company with focus on engineering, risk management, life cycle management, and visual transmission for the Oil and Gas, chemical, petrochemical, and environmental industries. Our present life cycle management solution, based on SharePoint server technology, is used by many customers in Norway and abroad. Our customers include Delba Coop, Geoplan, Siemens, Teekay Petrojart, Fred Olsen and Sargas, among others. Techno House has been awarded an IFO contract by Innovation Norway to develop the next generation of life cycle management systems (3D LCM) based on SharePoint technology. The 3D LCM system is an integrated web based 3D interactive information & management system for Oil & Gas, Marine, and all sectors of the process industries. In addition, the 3D LCM system will be a role-based and ISO 9001 QA driven system which covers all aspects of life cycle management of project phases (engineering, construction & operations). It is through innovation we realize new technology.