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Pandell News - Aug 25, 2008

Pandell Introduces FANexus™, PANexus™ and NexusWorkforce™

Software Solutions Company brings Financial Accounting Software, Production Accounting Software, and O&G Accounting Services in Line With its Brand of Oil and Gas Products and Services.

Calgary, AB, Aug 25, 2008 – Pandell Technology Corporation reported today that it has incorporated FANexus software and PANexus software into its brand of NexusSuite oil and gas software. The company further announced that its new business division, NexusWorkforce, will specialize in oil and gas accounting services for junior companies. Each new brand brings a unique dimension to Pandell’s core family of products and services.

  • FANexus (formerly Dowwest’s Forefront Financial Accounting) is remote-access financial accounting software. It is known for its industry leading reporting, extensive use of drill downs, and comprehensive Excel downloads. A client survey indicated that 90% of users prefer FANexus for its full remote access to the application from anywhere, at anytime.
  • PANexus (formerly Dowwest’s Production Accounting) is production accounting software known for its friendly user interface, remote access, and integrated file sharing with financial and operational systems. It is the only software that enables junior companies to manage Alberta, Saskatchewan and Manitoba production accounting, all from the same system.
  • NexusWorkforce offers expert service and support in all areas of financial, production and taxation accounting for junior oil and gas companies. With an average of 14 years of direct oil and gas experience, NexusWorkforce personnel can administer 100% of a company’s back-end office and accounting functions.

"Under the NexusSuite umbrella, FANexus and PANexus will be able to reach a broader industry audience," says Greg Chudiak, Pandell’s President and CEO. "We want the world to know that it’s more than just our name standing behind these new products – it’s also 100% of the support and quality service that our customers get from the NexusSuite team."


About Pandell Technology Corporation

Pandell is a software solutions company that delivers industry specialized software products and business services. For oil and gas companies, Pandell offers its NexusSuite™ of oil & gas software products and its NexusWorkforce™, oil & gas accounting services. For enterprise organizations, Pandell builds and manages PLISolutions™, large-scale, web-based applications delivered on Pandell's advanced technology. With its industry expertise and proprietary Pandell Liquid Intelligence™ technology ("PLI"), the company delivers the most modern, affordable software solutions to its clients. The company has achieved rankings on Branham's Top 300 Technology Companies in Canada, Alberta Venture™ Fast Growth 50 List, and Calgary Inc™ Best Places to Work.

For more information:

Karen Beagle
Pandell Technology Corporation
(403) 685-6235
info@pandell.com