HTC Graduate Merrick Systems Named Platts Global Energy Awards 2011 Finalist

Houston, TX, October 13, 2011- Merrick Systems, a leading global provider of industrial information technologies to the oil and gas industry, was selected as a finalist in the highly prestigious Platts Global Energy Awards, an annual program recognizing exemplary industry leadership. The 2011 finalists were selected from more than 200 nominations.

Platts Global Energy Awards, established in 1999 and often described as "the Oscars" of the energy industry, highlight corporate and individual innovation, leadership and superior performance in 19 categories spanning the entire energy complex. Among the program independent panel of distinguished judges, past and present, are former OPEC ministers, national regulators, former heads of energy companies and leading economists, academics and legislators.

Merrick was chosen a finalist in the category of "Leading Commercial Technology of the Year" for its revolutionary RFID-based asset tracking system. Merrick's High Temperature High Pressure Diamond RFID tags have been nominated for several other prestigious innovation awards, including the Offshore Northern Seas (ONS) Innovator award, the UK-based Energy Institute Innovation award and the World Oil award. The tags were specifically designed to track high value assets in oil and gas drilling operations where extreme temperatures, pressures, vibration, chemicals and shock typically destroy any identification marks, preventing the assets from being traced and tracked. Pioneering the use of rugged RFID in oil and gas drilling, Merrick's asset tracking technology is a game changer for the oil and gas industry, allowing for the first time to track assets in a reliable manner for increased safety and operational efficiency.

Nearly 600 guests are expected to attend the black-tie dinner at New York's Cipriani Wall Street on Thursday, December 1, when the 2011 Global Energy Awards will be presented by Platts.

Merrick Systems, Inc. is an established global market leader providing industrial information technologies for the midstream and upstream oil and gas industry. Recognized for its industry expertise and innovative technologies, Merrick is committed to delivering best of breed solutions to improve production operations, helping companies extend oil and gas producing asset life, lower lifting costs, increase production and optimize operations. Headquartered in Houston, Texas, Merrick has established a global infrastructure to sell, implement and support its technologies around the world.

Addressing production, engineering and asset tracking, Merrick's integrated applications include hydrocarbon production accounting; technical data management; real-time surveillance and optimization; field operations management; field data capture; mobile computing for field and drilling operations and ruggedized RFID for asset tracking and management under extreme environmental conditions. To learn more visit www.MerrickSystems.com

About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for the physical and futures markets. Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in more than 150 countries benefit from Platts' coverage of the carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, and shipping markets. A division of The McGraw-Hill Companies (NYSE: MHP), Platts is headquartered in New York with more than 900 employees in more than 15 offices worldwide. Additional information is available at http://www.platts.com.


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Author: Hilla Barzilai-Abileah
Phone: (713) 579-3400
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