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Westport Petroleum Chooses MarketView over OILspace to Power Their Oil and Products Trading Group.


CHICAGO -- GlobalView Software Inc., the industry leader in providing energy information management solutions, announced today that Westport Petroleum, a leading petroleum trading, blending, and transportation company, has chosen the award-winning application MarketView over OILspace for a web-based energy information management system.

Westport Petroleum's evaluation list included six firms, including the incumbent OILspace. The final decision factors that weighed heavily in favor of GlobalView's MarketView application were support, portability, analytics, and presentation. GlobalView's dedication to the energy markets and the frequent enhancements that it provides to MarketView also heavily influenced the decision.

"We were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a solution that would be portable, easy to use, provided superior analytics, and produced a steady stream of enhancements," said David Jensen David "Kid" Jensen (July 4, 1950 in Victoria, British Columbia) is a Canadian-born British radio DJ. Early career
After beginning his career in his home country at the age of sixteen playing jazz and classical music, Kid Jensen joined Radio Luxembourg at the age of
, Risk Manager at Westport. "We investigated 6 solutions, and chose MarketView to replace our OILspace terminals. It met all the requirements for our geographically diverse organization and provides excellent presentation tools for the data," he added.

GlobalView was recently awarded Data Management Software House of the Year at the 2005 Energy Risk Magazine awards for its MarketView platform. "Last year, one data management system stood out as providing a truly global and versatile solution," wrote Energy Risk's editor, Stella Farrington, about MarketView.

Jon Olson, President of GlobalView Software, commented, "GlobalView is very excited to add Westport as our most recent MarketView customer. GlobalView's advantage lies in the partnerships we forge with our customers, frequently updating our MarketView analytical software Analytical software is software that is designed specifically for and development of a particular environment or object.  and GlobalData content solutions in response to their dynamic needs. Our web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  model sets a new standard for ease of implementation and low total cost of ownership."

With MarketView, Westport will be able to track and analyze energy markets at any time, anywhere, on any device. With ubiquitous access to market-moving information, Westport will be able to maintain a competitive edge in the global, fast-moving, volatile energy markets.

About GlobalView Software Inc.

GlobalView Software Inc., based in Chicago, Illinois, with offices in Houston, Connecticut, Washington, D.C., London, and Singapore, is leading a transformation in the way the energy market profits from information management solutions. GlobalView's award-winning solution, MarketView, allows customers to optimize their use of information and lowers clients' total cost of ownership by aggregating mission-critical real-time and historical data into one consistent framework and then integrating the information into enterprise-wide solutions. For further information on MarketView and other GlobalView solutions please visit www.gvsi.com.

About Westport Petroleum

Westport Petroleum, Inc. (WPI WPI - Worcester Polytechnic Institute ) is an international company with a leading position in petroleum trading, blending, and transportation. A wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Mitsui formed in 1985, they provide a wide array of commercial and operational services to the energy industry including pipeline and cargo trading of gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by , jet fuel, diesel, refinery feedstocks, cutterstocks, bunker bunk, bunker

large storage bin.


bunk forage
forage, usually ensilage stored in a large storage bunk and made available to cattle or other livestock along a face of the storage.
 fuel, and fuel oils throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and major international energy markets.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 12, 2005
Words:465
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