Applied Terravision to Resell CRISP Technologies Tools; ATS Will Market Billing System and Greenhouse Gas Emissions Report Generator.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--March 21, 2000 Applied Terravision Systems (ATS) (CDNX CDNX See Canadian Venture Exchange (CDNX). :TER Third version. See bis. .) has signed an agreement with Calgary-based CRISP Technologies Inc. to integrate and resell as part of ATS' e-business offering in Canada two software modules related to billing and environmental reporting. To help clients manage billing costs, ATS will market the CRISP Universal Billing System, or CUBS, which has revolutionized the accounts payable process for high-volume, repetitious rep·e·ti·tious adj. Filled with repetition, especially needless or tedious repetition. rep e·ti invoicing. The software eliminates the manual effort of repetitively verifying, approving and coding vendor invoices. "Many companies spend vast amounts of time and human resources to code, approve and process invoices from utilities, fuel, communications, transportation, leasing and other vendors," said Fadi J. Nasr, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CRISP Technologies. "CUBS allows companies to automate the process of input, verification and payment of these bills and reduce the costs of handling them by up to 80 percent." To generate reports on greenhouse gas emissions ATS will resell the TEEM Integrated Reporting Module, or TIRM TIRM Tierrechtsinitiative Rhein-Main (German Animal Rights Organization) TIRM Total Internal Reflection Microscopy TIRM Turbo Inversion Recovery Magnitude TIRM Telecommunications & Information Resource Management , which is a client-server-based application that automates a comprehensive TEEM (Total Energy and Emissions Management) program. "TIRM is capable of importing data from a variety of sources, databases and file types. It integrates this data into meaningful information, which can be used for tracking and reporting emissions and energy costs in any organization," Nasr said. The greenhouse gas reporting system measures carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. levels from oil and gas volumes, and is in response to Voluntary Challenge and Registry -- VCR VCR: see videocassette recorder. VCR in full videocassette recorder Electromechanical device that records, stores on a videotape cassette, and plays back on a TV set recorded images and sound. -- program created by the Canadian government to report emission levels and provide action plans to reduce future emissions. "CRISP's billing and environmental reporting systems provide value-added features to Applied Terravision's e-business solutions suite," said Bob Tretiak, ATS' president and CEO. "The CUBS and TIRM products enhance our software as ATS develops better ways for our customers to use e-business to solve problems." About Applied Terravision With offices in Calgary, Dallas and Houston, Applied Terravision Systems provides mission-critical e-business information solutions that effectively manage the complex ownership of revenue-producing assets for government organizations, blue-chip companies and small businesses around the globe. This news release and more information are available at www.atsi.com. About CRISP Technologies CRISP Technologies Inc. was originally founded as CRISP Management Ltd. in 1988. Headquartered in Calgary, Alberta, CRISP has representatives in Toronto and Edwardsville, Ill. All of CRISP's software products have been approved by the Canadian government as Scientific and Development Projects. A partial list of North American clients includes Amoco Canada, Calgary Health Services, Canadian Airlines, Canadian Broadcasting Corporation “Radio-Canada” redirects here. For the French language TV arm of the CBC, see Télévision de Radio-Canada. The Canadian Broadcasting Corporation (CBC), a Canadian crown corporation, is the country’s national public radio and television broadcaster. , Canadian Occidental Petroleum, Canadian Western Natural Gas, Crestar Energy, Descon Homes, Husky Oil, NOVA, Renaissance Energy, SHL-SystemHouse, Siemens Electric, Talisman Energy, TrizecHahn Corporation, Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). and Utilicorp United. More information is available at www.crisptech.com. |
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