from DSSResources.comDecision Dynamics' delivers business performance module in Wellcore Enterprise 4.3 releaseCALGARY, April 10, 2007 - Decision Dynamics Technology Ltd. (TSX-V:DDY) announced today the commercial release of Wellcore Enterprise 4.3., the latest version of its well lifecycle management software solution. Wellcore Enterprise 4.3 includes the addition of a new component, the Business Performance Module. Designed for use by managers and executives, this module provides user-friendly, point-and-click performance visualization with drill-down capability to deliver key metrics for measuring, monitoring and managing operations. Using its unique ability to capture state changes related to business operations, Wellcore gives customers the ability to measure the velocity of business processes and provides key indicators such as forecasted field spending vs. budget estimates vs. invoiced costs, AFE cycle times, operations cycle times and non-productive gaps between the different well lifecycle operations. This drives business agility and enables customers to reduce their overall costs and cycle times, thereby getting their wells on production faster than their competition. In addition to this new module, Wellcore Enterprise 4.3 delivers enhanced application scaleability and performance, as well as greater reporting breadth and depth, enabling Wellcore to handle a wide range of E&P requirements. "E&P operations staff and management have long valued the efficiencies that Wellcore's field data capture, operations reporting and workflow integration provide," said Jeff Austin, Decision Dynamics' Vice President of Products. "Now with the Business Performance Module, we can further leverage the comprehensive data and knowledge collected in Wellcore to deliver the key performance analytics and metrics needed by executives and senior management for effective decision making. By putting decision-ready information in the hands of our clients' executive management team, we help drive their business agility, efficiency and profitability." Decision Dynamics' Wellcore platform provides a consistent framework to manage and optimize operations across the entire lifecycle of a well. Key benefits include near-real-time data capture from the field, improved capital spending management and streamlined administration. Wellcore consists of modules that span the operational well lifecycle covering geology for operations; field construction; drilling, completions and workovers; AFE and cost management; project planning; rig scheduling and regulatory reporting. The individual applications are pre-integrated to streamline data capture and simplify deployment across the lifecycle. About Decision Dynamics Technology Ltd. Decision Dynamics Technology Ltd. is a leading innovative provider of Business Visibility and Operational Analytics solutions to the energy sector, including major oil and gas and electrical power companies. Its flagship products include Wellcore, a well lifecycle management solution that provides oil and gas companies with operations performance visibility; and Oncore, a project cost management solution that provides real-time cost information, contract validation and approvals for operations management and capital projects. Decision Dynamics is a Microsoft Gold Certified Partner. The Company's head office is located in Calgary, Alberta, Canada. It operates wholly-owned foreign subsidiaries in the United States with offices in Houston, Texas. Decision Dynamics trades on the TSX Venture Exchange under the symbol "DDY". For more information, visit http://www.ddytech.com. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. All trademarks or registered trademarks herein are the property of their respective owners. |