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eProduction Solutions, Inc. Announces Acquisition of Muse Measurements |
Kingwood, TX, September 4, 2002 - eProduction Solutions (eP) leader in automation and optimization for production oil and gas fields announced today that it has acquired the assets of Muse Measurements. This is a part of eP’s strategy to provide complete oil and gas field solutions for production management, automation, and optimization. This transaction closed on Wednesday, August 28, 2002. Terms of the transaction were not disclosed, but eP will immediately take responsibility of the all assets of the Muse Measurements. Muse will continue to operate as a division of eP from the facility in San Dimas, California.
eP Expands Strategy
The acquisition of Muse provides eP customers with a one-stop company for a complete automation/optimization solution. Dharmesh Mehta, president of eProduction Solutions, states, “With Muse Measurements now a part of eP, we are able to offer our customers a more complete and integrated set of control and optimization solutions.”
The acquisition of Muse, in conjunction with eP’s existing optimization and automation solutions, will accelerate the company’s long-standing strategy for providing automation/optimization through a comprehensive approach that supports the entire field, including real-time monitoring, controlling, designing, and analysis of producing oil and gas wells and facilities.
Muse To Maintain Operations in Oil and Non-Oil Related Business
Muse will continue to operate as usual relying on distributors, Internet, and catalog sales, and expand markets with the help of eP’s established presence in many world-wide markets. Additionally, eP will develop new markets for Muse’s other products in existing and new markets. “With eP’s marketing capabilities and world-wide presence, I am sure that Muse’s products will gain a much greater presence in the world market, “ says Allan Paine, president of Muse.
About eProduction Solutions, Inc.
Founded in 2001, eProduction Solutions, Inc., is the world’s leading production operations automation/optimization company. The company provides solutions that help lower production costs and increase production by delivering tools and training that foster innovative approaches optimizing production. eP helps customers leverage technology to work better, faster, and smarter. For more information about the company, see www.ep-solutions.com.
About Muse Measurements
Muse Measurements manufactures a wide range of tension, compression and universal load cells and force sensors that are impervious to harsh environments without sacrificing sensitivity, accuracy or reliability. Muse is headquartered in San Dimas California and is a subsidiary company of eProduction Solutions. With over 15 years of engineering innovations and experience, Muse Measurements is committed to the highest standards of design, performance and quality. For more information about Muse, please call Jim Weber at 724.316.4321 or 800.394.7167 or e-mail
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