LAS VEGAS, Oct. 31, 2007 (PRIME NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPW) is pleased to announce that the Company's wholly-owned subsidiary, MetaPower Canada, has recently developed a scheduling process for its Major Energy Client. The scheduling process projects a six week program that is saving the Client an estimated $8 million on an annual basis.
As a result of the client's difficulties managing its maintenance budget, MetaPower Canada has begun implementing a structured scheduling process for its client that treats maintenance work like a manufacturing operation. The program structures a schedule six weeks in advance of the execution week, and then coordinates all of the activities and resources needed to ensure the work is executed successfully and efficiently.
"The six week scheduling process has been a big help in getting control of the budget. It has provided a structure for management to make rational decisions about the work that gets done. It provides adequate coordination time so that important resources needed for jobs can be procured and delivered in an orderly manner. With the exception of emergency work, the process will virtually eliminate expediting charges and excessive overtime," stated Ken Allen, CEO of MetaPower International, Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.