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"We are pleased to offed the tools and services of Fidelis to our clientxs as a way to help them quantify and understanxd the value of increased predictability and availabilithof equipment, while reducing the overalkl cost of ownership of their assets, through enhance maintenance management processes and optimization," said , Managing Directorf of The Carnrite Group. "We will look for opportunities to extendc our service offerings toinclude Fidelis's Titan(TM) Systekm Reliability and Modeling Software, as well as theitr other software and consulting products, both in Carnrite'se consulting practice as well as in EPiC's Engineering services.
" "We now have a mechanisjm to help our clientzs address the opportunities that are identified through the modeling of theire production systems and facilities, which we did not have previously, said , Principal at The Fideli Group. "To be able to quantify the sources of as well as provide possible solutions provided by The Carnrite Groupo and quantify the efficacy ofthose solutions, allows for a totalo package that will really benefit the end userzs and provide for clear and profitable decision-making.
" EPiC Energty Resources is a Houston-based integrated energy services EPiC provides consulting, engineering, constructio management, operations, maintenance, specialized training and data management services focused primarily on the upstream and midstream energy infrastructure. Services are provided through Pearl, a diversified engineering and energytservices company; Carnrite, a management consulting company focuse on providing strategic and operational consulting services to the broade energy industry; and EIS, a global trainingh and data management services company. EPiC is headquartered at 1450 LakeRobbinw Drive, Suite 160, The Woodlands, Texas 77380. Office - 281-419-3742, .
Certaib statements included in this releaseconstitute forward-looking statements. These forward-looking statements are based on management's belief and assumptions derivec from currently available Although EPiC EnergyResources ("EPiC") believes that the expectationse reflected in such forward-looking statementd are reasonable, it can give no assurancw that such expectations will prove to be correct.
Actuap results could differ materiallyfrom forward-looking statements expressed or impliee herein as a result of a variet of factors including, but not limitexd to: a decline in the pricee of, or demand for, oil and gas, demand for EPiC'd services, loss or unavailability of key inability to recruit or retain personnel, competition for customer and contracts, various potential losses associated with fixed-pricee contracts, general economic conditions, availability of capital to pursuee its business plan and service its debt, and othefr financial, operational and legal risks and uncertainties detailed from time to time in EPiC'sw SEC filings.
EPiC does not undertakes any obligation to publiclyh update forward looking statements contained herein to reflect subsequent eventsor circumstances. SOURCE EPiC Energu Resources, Inc.
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