UNITEC AND GLENTEL ENTER BIDDING AGREEMENT
Richard, this news release updates our O & G progress:
UNITEC AND GLENTEL ENTER BIDDING AGREEMENT
Unitec and Glentel Inc., are pleased to announce the signing of an agreement to jointly bid on a satellite based SCADA system for a major Latin American Gas Pipeline project with an estimated value of $3 million. The bid will involve over 40 remote pipeline stations linked to a master control center via satellite with a telephone backup link.
Unitec will take the lead in the proposal preparation and will be responsible for the system design, master and remote station engineering, manufacturing and installation. Glentel will be responsible for all satellite related engineering, manufacturing and installation.
Glentel has over 35 years experience in communications and is one of two national full service providers of MSAT services. Glentel has previously installed several Satellite based Pipeline SCADA systems.
Unitec has provided several Oil & Gas SCADA systems based on its proprietary virtual reality Master Station software, high reliability Remote Station hardware and intelligent radio communications protocol.
The Companies believe their complimentary experience and capabilities will provide a winning combination, and may lead to further cooperation between them in the SCADA market.
Unitec is an emerging growth company specializing in advanced technology telemetry, SCADA (Supervisory Control and Data Acquisition) systems and environmental monitoring equipment for the water, electricity, oil & gas and transportation sectors. For further information, please contact Andy Hay or Bob Faris at (604) 606-7979, toll free from the U.S. at 1-800-877-1626 or email adminuic@unitec.ca. For up to date product, corporate or trading information, Unitec's Internet Homepage may be accessed at: unitec.ca.
On Behalf of the Board of Directors,
John B. Smyth,
President and Director
The Vancouver Stock Exchange has neither approved nor disapproved the information contained herein. |
