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Paradigm Appoints Clay Miller as Vice President and Chief Information Officer to Lead Paradigm's Global Information Technology Organization

14 March 2007

Paradigm(TM), a leading provider of enterprise software solutions to the global oil and natural gas exploration and production industry, announced the appointment of Mr. Clay Miller as Vice President and Chief Information Officer (CIO). Miller, who brings more than 20 years of experience in information services and technology, will lead the company's global information technology organization. His responsibilities include focusing on the design and implementation of an information technology strategy that enhances Paradigm's technology leadership, ability to handle vast quantities of data, capability of leveraging knowledge, and data security required to ensure constant information integrity. Miller will be reporting to John Gibson, CEO, and be based in Paradigm's Houston office.


Mr. Gibson stated that, "Having someone with the right expertise, who can provide leadership to drive innovative information technology solutions, is a must. We are pleased to welcome Mr. Miller, who has a proven track record of international experience and achievements."


"I am excited about joining a recognized leader of solutions to the international oil and natural gas exploration and production industry," said Miller. "As part of Paradigm's mission, information technology (IT) is instrumental in providing the technology and expertise needed to deliver high quality, innovative solutions to the industry. We intend to leverage IT to enhance our ability to support customers and suppliers worldwide."


Miller has held senior positions at leading high tech companies such as ATI Technologies, Chartered Semiconductor, Motorola and IBM. Prior to joining Paradigm, Miller was responsible for Information Technology Supply Chain Systems at Advanced Micro Devices (AMD), where his key role was to improve global product visibility in the supply chain and implementing Supplier B2B systems by leveraging RosettaNet data standards. Prior to AMD, Miller was Vice President and CIO of Advanced Interconnect Technologies based in Singapore.


About Paradigm


Paradigm(TM) software enables customers to locate new oil and natural gas reservoirs, optimize production from new and existing reservoirs and create dynamic digital models of the Earth's subsurface. Paradigm software solutions include Seismic Data Processing and Imaging, Visualization, Interpretation, Modeling, Reservoir Characterization, Petrophysical Analysis, Well Planning and Drilling. Paradigm also provides strategic consulting services to enhance customer workflows and assist in realizing greater returns on exploration and production activities. You can learn more about Paradigm software and strategic consulting offerings by visiting their website at http://www.paradigmgeo.com.


The following are trademarks or registered trademarks of Paradigm Geotechnology B.V. or its affiliates (collectively, "Paradigm"): Paradigm(TM), Paradigm logo, Earth Decision, Earth Decision Suite, Rock and Fluid Interpretation and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.


Forward-Looking Statements


Some of the statements in this press release may constitute "forward- looking statements" that do not directly or exclusively relate to historical facts. These forward-looking statements reflect our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside of our control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Because actual results could differ materially from our intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this press release with caution. Paradigm does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Source: prnewswire


All trademarks and copyrighted information contained herein are the property of their respective owners.


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