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Contact: Lee Lancaster, +1.972.952.9304, llancaster@otcnet.org
             Jennifer Patitz, +1.962.952.9321, jpatitz@otcnet.org

OTC Introduces Spotlight on New Technology

RICHARDSON, Texas, U.S.A. (11 June 2003) – The Offshore Technology Conference (OTC) introduces Spotlight on New Technology, a program that recognizes OTC exhibitors who have introduced new and advanced technologies to the offshore oil and gas industry.

This inaugural program will launch at OTC .04, “Innovation Without Limits,” scheduled 3 – 6 May 2004 at Reliant Center in Houston. Initiated by the OTC Board of Directors, the Spotlight on New Technology program gives exhibiting companies an opportunity to present their newest and most advanced technologies to the OTC audience, comprised of more than 50,000 industry leaders.

“Spotlight on New Technology allows exhibitors to showcase their hard work, creativity, and edge-of-the-envelope, practical thinking,” says OTC .04 Chairman, Rod Allan. “The program reinforces that OTC is the must-attend event for technological innovations and advances impacting the global offshore industry.”

To be considered for the Spotlight on New Technology program, the exhibiting company’s technology must meet four key criteria:

  • New and Innovative – The technology must be less than two years old.
  • Proven – The technology must be proven, either through full-scale application or successful prototype testing.
  • Broad Interest – The technology must have broad interest and appeal for the industry.
  • Significant Impact – The technology must provide significant benefits beyond existing technologies.

Exhibitors may submit their new technologies entries to OTC for consideration until 9 January 2004. Each application will be review by a panel of judges comprised of members of the OTC Board of Directors. Companies who meet the stated criteria and are chosen to be showcased by this program, will be recognized through a variety of special awareness opportunities flanking OTC .04.

Details about this new program, including a submission form, can be accessed by visiting the OTC Web site at www.OTCnet.org, or by calling +1.972.952.9494.

Founded in 1969, the Offshore Technology Conference is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. OTC is held annually in May at Reliant Center at Reliant Park in Houston. For more information, visit www.OTCnet.org.

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