Prosolvia / Schlumberger, Geco-Prakla Contract Brings Simulation-based Training to the Off-shore Sector

8/4/1998 9:20 AM EST

Prosolvia and Schlumberger, Geco-Prakla announced today that they have signed
a contract for the provision of a crew-training simulator for ships used in
the oil and seismic survey sector. Delivery to take place before the end of
1998. The companies have also agreed on a frame contract.


As part of its high-technological development, Geco-Prakla has awarded
Prosolvia a multi-million contract for the development of an advanced training
simulator. The purpose of the simulator is to provide realistic training for
crews working with the new control system that Geco-Prakla is introducing.
This new control system will entail dramatic changes in the way that crews
work; it is therefore important to be able to accurately and effectively train
crews prior to their placement in the new environment.


"This collaboration opens the off-shore sector to simulation based training.
The increased demand and competition in the offshore sector will be easier to
meet with Prosolvia's solutions. We are very excited about working in this way
with Geco-Prakla, and view the deal as strategically important to both our
companies." States Johan Ekener, President and CEO of Prosolvia AB


Geco-Prakla is a seismic survey company that is part of the Schlumberger
Group, a world wide conglomerate. The company has four product lines: Marine,
land, data processing, and transition zone. Geco-Prakla is a fully integrated
geophysical company, and is one of the world's largest suppliers of seismic
data services. The company supports the global search for oil and gas with
advanced seismic services, creative technology, purpose-built equipment, and a
worldwide organization. Geco-Prakla Marine introduced multi-streamer
acquisition to the industry 12 years ago. Since then, their committed
development efforts have resulted in the seismic industry's most advanced
fleet.


Prosolvia is known internationally as a world leader in the fields of
interactive visual simulation and virtual prototyping. The company is based in
Sweden with offices worldwide. Prosolvia specializes in real-time 3D
simulations, with products ranging from integrated, turnkey systems for
inexperienced users, to highly specialized development tools for the more
advanced user with programming experience. Prosolvia also works closely with
major players in the industrial, automotive, training, defense, research and
development, and medical fields.


Log on to http://www.prosolvia.com for more information.


For additional information, please contact


Birgitta Plyhm


Prosolvia AB


Ph +46 31-703 51 00