CiDRA and FMC Technologies Enter Agreement.WALLINGFORD, Conn. -- CiDRA Corporation ("CiDRA") today announced that it has entered into an agreement with FMC Technologies FMC Technologies, Incorporated (NYSE: FTI), is an American machinery and oil services technology company. FMC Technologies was incorporated in 2000 when FMC Corporation divested its machinery businesses. FMC Technologies Inc. Inc. (NYSE NYSE See: New York Stock Exchange :FTI FTI Free thyroxine index, see there ) to provide systems and services designed specifically to optimize flow processes in the oil and gas industry. "CiDRA has worked closely with leading oil companies over the last several years to develop products and services that address the requirements for increased surveillance of their topside processes," said Kevin Didden, 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 CiDRA. "Our agreement with FMC Technologies, a world leader in flow measurement and control of petroleum products, will now allow us to leverage our respective strengths to provide the absolute best-in-class flow products and services to our mutual customers." "FMC See fixed mobile convergence. has a heritage for accuracy and quality in the measurement markets we serve," said Howard Girbach, General Manager of FMC Technologies' measurement solutions business. "We believe the combination of CiDRA capabilities and ours will provide significant value to customers of both companies." Additional information about CiDRA can be found at www.cidra.com. Additional information about FMC Technologies can be found at www.fmctechnologies.com |
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