We’re excited to officially announce our partnership with Titan Logix to provide crucial and growth-promoting supply chain management solutions to manage fresh and wastewater for drilling and fracking operations in the oil and gas industry. Together we look forward to the continued success and leading-edge solutions that we can bring to our customers and the marketplace.
You can find the official press release (as published on Yahoo! News) and more information below:
EDMONTON, AB and FARGO, ND / ACCESSWIRE / May 13, 2019
Edmonton-based Titan Logix Corp. (TLA.V) and Fargo-based Pedigree Technologies, LLC. announced today that the two companies have entered into a formal partnership to provide supply chain management solutions (SCM) for the management of all produced water at the wellsite, as well as fresh and wastewater during drilling and fracking operations.
Titan Logix Corp. will supply their innovative, integrated, and advanced-edge sensor hardware technology solutions to supply valuable data to end users.
Pedigree Technologies will provide end-to-end water IIoT (Industrial Internet of Things) and telematics-enabled supply and service chain system software, hardware, and support services that allows customers to operate with better information and software to be more customer focused and operate more effectively and efficiently. The solution will also be capable of uniting oil and gas companies with their service providers and vice versa for 360-degree water management operations.
The overall solution will help customers track and monitor produced water in the field, on the road, and in the office, while simultaneously helping automate transportation logistics, improve safety and environmental concerns, and accuracy across the supply chain from ticketing through invoicing.
“This partnership is the next step forward in the evolution of the journey to be an industry-leading IIoT solutions provider,” says Alvin Pyke, Chief Executive Officer, Titan Logix Corp. “We continue our passion to be leaders and innovators in the industrial IoT marketplace.”
“Pedigree Technologies is excited to work with Titan Logix in bringing next generation solutions to the oil and gas market with precision accuracy and a comprehensive set of solutions and support services,” says Wade Wilson, Chief Executive Officer, for Pedigree Technologies. “Innovation is core to our strategy and vision, and we are very excited to work with customers around this initiative to better connect our customers within the emerging next-generation water system (industry).”
About Titan Logix Corp.
Founded in 1979, Titan Logix Corp. (“Titan” or “the Company”) is a developer, manufacturer, and marketer of innovative fluid measurement and management solutions. The Company’s products include Guided Wave Radar (GWR) gauges for level measurement and overfill prevention, primarily for use in the mobile tanker truck market, level gauges for storage tanks, and communication systems for remote alarming and control. Titan’s products are mainly used in the upstream/midstream oil and gas industry. Secondary industries for its products include the aviation, waste fluid collection, and chemical industries.
Titan’s products are designed to be a part of a complete Supply Chain Management (SCM) solution. The ultimate solution consists of Titan’s products integrated with best-in-class data management to enable end-to-end Industrial Internet of Things (IIoT) solutions for our customers’ SCM.
Titan Logix Corp. is a public company listed on the TSX Venture Exchange and its shares trade under the symbol TLA.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information are assumptions regarding our future operational results. These assumptions, although considered reasonable by the company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual performance of the company is subject to a number of risks and uncertainties and could differ materially from what is currently expected as set out above. For more exhaustive information on these risks and uncertainties, you should refer to our Management Discussion and Analysis in respect of the year ended August 31, 2018, which is available at www.sedar.com. Forward-looking information contained in this press release is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward- looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time, whether as a result of new information, future events or otherwise, except as required by applicable securities law.