Press Release: Osprey Informatics kicks off 2014 with strong momentum and growth

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FOR IMMEDIATE RELEASE
January 20, 2014

Calgary, Canada – Osprey Informatics, the leader in cloud-based, intelligent visual monitoring for the oil and gas industry, is starting the New Year with new clients, new talent and a new round of financing.

“We are very pleased with the growth that Osprey achieved over this past year,” said CEO Michael von Hauff. “Not only have we significantly expanded our market reach, we’ve grown our team and implemented key R&D results into our products. I am looking forward to 2014 and to the ongoing expansion we have planned for Osprey.”

In 2013 Osprey significantly expanded its client base adding 12 new customers, servicing a range of national and multi-national oil and gas organizations. Their systems are now installed in sites throughout Western Canada.

Osprey has also grown their development team, hiring six of the top software, geomatics and design experts in the region. In order to stay at the forefront of their industry, the company has launched R&D initiatives with funding from both NSERC and TECTERRA to work on the development of next-generation intelligent visual monitoring technologies.

Osprey’s intelligent visual monitoring platform is designed specifically for the oil and gas industry. Their cloud-based flagship product, Osprey Reach, is quickly becoming the preferred system for oil and gas companies, including two majors which have sole-sourced the system for their field operations. Osprey Reach captures video and other information via weatherproof HD cameras, detects and analyzes key operational events, and then sends customizable alerts and reports to any computer, tablet or smartphone. Throughout the past year Osprey customers have used Reach for:

Post-incident analysis for a plant fire

Alerts and evidence gathering in successful theft investigations

Site safety incident response

Oil spill post-incident investigation

Finally, Osprey closed a round of financing in Q4 2013, supporting their growth and R&D investments.

To learn more about Osprey Informatics, please visit their website www.ospreyinformatics.com.

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Contact:

Meghan Somers
media at ospreyinformatics dot com
+1 587 899 0615

About Osprey Informatics

Osprey Informatics is the leader in cloud-based, intelligent visual monitoring for the oil and gas industry. The company’s visual monitoring platform, Osprey Reach, is relied on today by energy companies for operational efficiency, security and safety. From the wellhead to facilities and pipelines, Reach gives customers unparalleled awareness and control of their operations from anywhere, over any device. Headquartered in Calgary, Alberta, Osprey’s management is an experienced interdisciplinary team with expertise in visual surveillance technologies, video analytics and cloud-based software, along with oil and gas operations.

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