NEWS & INFO

  • News » Mexico Production Logging Contract Wed Apr 30 3:18:16 UTC 2008

    Real Time Measurements Inc. (RTY on TSX.V) (the “Company”) is pleased to announce that the Company has secured a two year $720,000 contract for the provision of downhole measurement services in Mexico. RTM will be working as a subcontractor to provide Memory Production Logging equipment, personnel and expertise to assist in the optimization and diagnosis of downhole production. Operations under the contract should begin in Mexico within the next two weeks. Mr. Matthews, CEO of RTY said “This is an important first step for RTY into the rapidly expanding Mexican market where there is a well established need for RTY expertise.”

    The TSX Venture Exchange has not reviewed this release and it does not accept responsibility for its adequacy or accuracy.

    Certain statements included in this news release constitute “forward­looking information” within the meaning of applicable securities legislation including the completion of the $720,000 contract. All statements, other than statements of historical fact, included herein are forward­looking statements that involve various risks and uncertainties. Specifically, some of the material risks include not being able to complete the tasked described in the contract or if the oil and gas industry experiences a significant downturn. The forward­looking information contained in this news release represents the expectations of Real Time as at April 30, 2008, and, accordingly, is subject to change after such date. However, Real Time expressly disclaims any intention or obligation to update or revise any forward­looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

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