Canadian Oil Sands signs agreement to utilize OMS Software

CALGARY, Alberta – WellPoint Systems Inc. ("WellPoint") (WPS:TSX-V) today announced that Calgary-based Canadian Oil Sands Limited (COS.UN:TSX) (“Canadian Oil Sands”) has signed an agreement to utilize WellPoint’s Oil Marketing System (OMS). Canadian Oil Sands plans to implement the software to satisfy its critical requirements for crude oil marketing.

WellPoint’s Oil Marketing System (OMS) is a crude oil marketing management system developed for oil producers, shippers and marketers. The software manages and monitors forecasting of oil volumes and splits for oil producers. It generates required pipeline documents, provides real-time position reports, and manages all key delivery processes for shippers of oil. OMS tracks the entire oil marketing process from start to finish.

WellPoint currently provides its OMS software to over thirty major North American conglomerates including Shell Canada (SHC:TSX), Husky Energy (HSE:TSX) and Conoco Philips (COP:NYSE).

“Our continued R&D investment in the OMS product line over the past twenty-four months has proven to be a fruitful strategic decision for both WellPoint and its customers,” says Tom Mawhinney, President of WellPoint Systems. “New customers such as Canadian Oil Sands are now able to capitalize on a very robust application that has continued to evolve to exceed the requirements of the marketplace.”