Patience is a virtue!! We're FINALLY seeing some good movement.
Maybe this is part of the reason for the upward trend the past 2 days.
Poor Philip Tseng must be really bummed out! Then again, there's always a pop whenever good news comes out before it settles down again.
Cheryl
________________________________________________________________
NOVA CHEMICALS LTD. RENEWS THREE-YEAR CONTRACT WITH SIMSCI
BREA, Calif.--(BUSINESS WIRE)--May 8, 1997--Simulation Sciences
Inc. (NASDAQ:SMCI.O) Thursday announced that NOVA Chemicals Ltd., a
major petrochemical and gas processing company, has renewed its
contract with SIMSCI to provide process simulation software and
services for three more years. The new contract with NOVA Chemicals Ltd. covers license and maintenance fees for SIMSCI's PRO/II simulation program and the PROVISION graphical user environment.
The PRO/II program provides engineers with the flexibility to model a wide range of chemical processes. Combined with PROVISION's powerful graphical tools and data handling features, the software enables engineers and plant managers to improve productivity while providing essential information for business decisions.
Paul D. Clark, vice president of technology at NOVA Chemicals,
said: "We believe SIMSCI is a leading provider of simulation and
modeling software. PRO/II with PROVISION software continues to
provide us an effective solution for our process design and
operation needs."
Dirk Pfeiffer, SIMSCI's vice president of sales, marketing and
engineering services, said: "This contract represents our continued
commitment in providing simulation technology to the chemical
industry. NOVA is one of the leaders in this industry and we are
pleased NOVA has renewed their contract with SIMSCI."
Simulation Sciences Inc. (SIMSCI) is a leading provider of
commercial simulation software and related services to the
petroleum, petrochemical and industrial chemical process industries
as well as the engineering and construction firms that support those
industries.
SIMSCI's Windows-based graphical user interface and simulation
software products are designed to increase profitability by reducing
capital investment costs, improving yields and enhancing management
decision-making.
SIMSCI maintains offices in the United States, Venezuela, Egypt,
Germany, Singapore, the United Kingdom and Japan, and provides
support and service to more than 500 customers in 70 countries. For
more information about SIMSCI, visit the SIMSCI Web site at
simsci.com . |
