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Paradigm Technologies
2001


Petroleum
Financial, Inc.


Paradigm Technologies
2002


 

Full Circle Systems & Paradigm Technologies News Release

Contact:
Paradigm Technologies

Lori Bennett

Phone: 303.292.0990

Fax: 303.292.1812

Email: bennett@paradigmtech.com

Full Circle Systems

George Snow

Phone: 720.635.0612

Fax: 303.674.2591

Email: george@fullcirclesystems.com



FOR IMMEDIATE RELEASE

Full Circle Systems and Paradigm Technologies Partner to ProvideIntegrated Imaging Functionality


Alliance brings Accounts Payable and Land Administration imaging solutions to Excalibur customers

Denver, CO, September 19, 2001 - Paradigm Technologies, a leading provider of financial solutions for exploration and production companies, and Full Circle Systems, a leader in internet-ready electronic document solutions announced today that Paradigm will resell FCS' DocVue electronic document software together with integrated solutions for Accounts Payable and Land Administration co-developed by the two companies. These solutions are available now.

The first EDGE Imaging solutions Paradigm will market under this agreement are EDGE.AP and EDGE.LAND. These solutions, built on DocVue, are designed to seamlessly integrate with the Excalibur system. EDGE.AP automates the Accounts Payable process from scanning invoices through electronic approval and payment. Electronic documents associated with invoices, including work tickets and format for future reference at the click of a button.

"Imaging solutions are becoming an essential component for oil and gas companies as they continue to streamline their operations to increase efficiency," said J. Brian Searles, President and Chief Executive Officer of Paradigm. "The seamless integration that Paradigm Technologies and Full Circle Systems have created between their product lines allows our customers to efficiently and comprehensively manage the data and documents associated with Accounts Payable and Land Administration business processes."

We have worked closely with Paradigm to develop and implement effective Land and AP solutions for Paradigm users such as St. Mary Land and Exploration, Callon Petroleum Company, and Questar Market Resources," said Beth Trammell, President of Full Circle Systems. "We are pleased to have Paradigm representing DocVue solutions to the entire Excalibur user base."

About Paradigm Technologies
Paradigm Technologies, Inc., a wholly owned subsidiary of Petroleum Place, was founded in 1979 with the purpose of developing and marketing integrated financial and operational software solutions for the oil and gas industry. Since that time, Paradigm has met and exceeded the management information needs of more than 400 oil and gas clients. Paradigm provides a complete solution of software, implementation consulting, ongoing support, and training. Paradigm employs more than 100 people in its Calgary, Dallas, Denver, Houston and Tulsa offices. More information about Paradigm and Excalibur can be obtained by emailing info@paradigmtech.com or via the Internet at www.paradigmtech.com.

About Full Circle Systems, Inc.
Full Circle Systems, Inc. is a software and services company specializing in electronic document solutions. FCS develops and markets DocVue, an integrated suite of electronic document imaging, document management and workflow solutions for streamlining business processes and sharing electronic information within corporations and between their customers and suppliers. DocVue is a robust and cost-effective solution built in JAVA and designed for Intranet, Extranet and Internet applications. Full Circle Systems customers include Alberta Energy Company, Calgary Labs, St. Mary Land and Exploration, Callon Petroleum Company and Questar Market Resources Group. For additional information visit www.fullcirclesystems.com.

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