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Fakespace Systems Announces Sales Of Immersive Display Systems For Energy Resource Exploration Growing Sales To Oil & Gas Industry, Leading Universities, Marks Recognition Of Visualization's Value In Seismic Data Analysis, Subsurface Evaluation Kitchener, ON - June 13, 2001 - Fakespace Systems Inc. today announced four new contracts to provide immersive displays to organizations involved in energy resource exploration. The sales, to commercial oil and gas companies and leading universities, mark an increased acceptance of the value of visualization for seismic data analysis and subsurface evaluation. Fakespace Systems signed on to provide visualization systems to Phillips Petroleum, Petrobras, Norwegian University of Science and Technology, and the University of Oklahoma. These include a broad range of displays that are used by geologists, geophysicists, and engineers to promote collaboration and better understanding of complex data, ranging from fully-immersive room environments to depth-enhanced displays that fit in an average size conference room. Sales Growth Around the World Since January 2001, Phillips Petroleum [NYSE: P] has taken delivery of five conCAVE™ displays from Fakespace Systems for use at its facilities in Bellaire, Texas, Stavanger and Tananger, Norway, and Anchorage, Alaska. The conCAVE, which enables multidisciplinary teams to work with spatially correct, "standing in the tunnel"visualizations, was originally developed by Phillips and is exclusively licensed to Fakespace Systems. The company was also contracted by Phillips to develop a volumetric mapping and interaction software API specifically for the conCAVE environment. The API, called Avignon, has been made available to selected oil/gas software developers for integration into their applications later this year. "We are pleased that Fakespace Systems is making Phillips' technical innovations commercially available," said Dennis Neff, senior principal research geophysicist at Phillips Petroleum Company. "The conCAVE systems are used daily by Phillips geoscientists, and new software developments by our visualization group continue to enhance and exploit the advantages of the conCAVE screen. We look forward to a continued strong relationship with Fakespace in commercializing and marketing Phillips' visualization innovations." With a strong research and educational program in the earth sciences, the University of Oklahoma has also purchased a conCAVE display and CubicMouse™ interaction device for its School of Geology and Geophysics. The conCAVE will be used for 3D seismic interpretation, 3D geologic and petrophysical modeling, and other applications in the earth sciences. Petrobras, [NYSE: PBR/PBRA; BOVESPA: PETR] headquartered in Rio de Janeiro, Brazil, also took delivery of a Fakespace Systems visualization system earlier this year. The company purchased an ImmersaDesk® R2 stereoscopic display driven by a Silicon Graphics® Onyx2® for use in the development of exploration technology that reduces risk and optimizes exploitation. This transportable system offers a four-ft. by five-ft. rear-projected screen that can be adjusted from horizontal to nearly vertical. A RAVE Display for NTNU Norwegian University of Science and Technology (NTNU) is a center for technological education and research located in Trondheim, Norway. One area of focus for research at the university is data visualization and numerical analysis for the localization and recovery of petroleum resources. The university boasts a digital laboratory with geodata and production data from the Gullfaks field in the North Sea, which is used for both teaching and research. Projects often include commercial partners such as Norsk Hydro, Statoil, Shell, TotalFinaElf, BP and Enterprise. To better leverage the value of the software and data stored at the digital laboratory the university has contracted with Fakespace Systems to custom design and install a RAVE™ (Reconfigurable Advanced Visualization Environment). The RAVE is a large-scale modular system that supports multiple viewing modalities including immersive room environments, flat wall displays, angled theaters, and a variety of other configurations. Fakespace Systems will deliver three RAVE modules each with a eight-ft. by eight-ft. rear-projected viewing surface, later this month. ### About Mechdyne Corporation Mechdyne Corporation is the world’s largest company dedicated to consulting and development of immersive, networked and collaborative visualization systems. The company addresses complex projects where an in-depth understanding of user requirements leads to the development of products and customized solutions involving elements of visual, software and support systems. Mechdyne’s product divisions provide advanced display technology, audio/visual systems design, and implementation services, as well as immersive and interactive software development and support. Headquartered in Marshalltown, Iowa, Mechdyne’s customers include leading government laboratories, military research programs, energy companies and a variety of ‘edutainment,’ manufacturing, and other users of visualization technology. More information is available at www.mechdyne.com. Mechdyne Press Contact Jeff Brum Matt Schmidt |
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