2002 NEWS RELEASES
Super Corrosion Never Sleeps
Intercorr, OLI Systems Announce Software Licensing Alliance
SUPER CORROSION NEVER SLEEPS (WIRED MAGAZINE 2:00 A.M. PDT) top
It's called hyper-accelerated corrosion in the shipping industry, but
it's really just a euphemism for extensive and dangerous rust. Concern
is growing that tankers transporting fossil fuels are increasingly
susceptible to it. By Richard Martin of Wired magazine.
http://www.wired.com/wired/archive/10.06/superrust.html
INTERCORR, OLI SYSTEMS ANNOUNCE SOFTWARE LICENSING ALLIANCE top
"Virtual Corrosion Laboratory" simulation quickly predicts corrosion rates in a wide range of industrial processes applications
HOUSTON (March XX, 2001) - InterCorr International, an international provider of corrosion testing, monitoring and consulting services and software, announced today that it has formed a licensing arrangement with OLI Systems, Inc of Morristown, N.J., a leading developer of software simulations for chemical systems. Under the terms of this agreement, InterCorr will create a Virtual Corrosion Laboratory™ (VCL) that provides sales and support for the OLI Corrosion Analyzer™ software. InterCorr also will offer corrosion consulting services that build on the powerful predictive capabilities of this software to assist corporate clients in predicting, assessing, monitoring and mitigating corrosion in their industrial processes.
Using VCL, InterCorr's customers can simulate corrosion experiments on their computer instead of in an actual laboratory, allowing them to:
- Reduce corrosion laboratory time and expense
- Conduct virtual experiments without risking the lab and plant
- Rapidly identify corrosion causes and corrective actions
- Simulate and predict the effects of process and material changes
- Optimize process conditions to minimize corrosion damage
"With the creation of VCL, our clients will have access to an unmatched combination of corrosion rate prediction capabilities that can produce corrosion rate data in a matter of minutes instead of days, weeks or months, and that covers just about any industrial application," says Dr. Russell Kane, founder and vice president of InterCorr and an international corrosion consultant. "For example, one of our clients used the Corrosion Analyzer software to screen inorganic inhibitors to develop a new corrosion protection program for a new product release. This normally takes several weeks of lab testing. However, the Corrosion Analyzer quickly screened a wide array of options, and using the VCL, zeroed in on a promising option, which was verified in the actual lab - all in a single week instead of two months."
Dr. Kane continued, "InterCorr has been generating corrosion rate data in the laboratory for 20 years. That gives our clients the ability to minimize failures and reduce operating costs. Clients can be confident about utilizing new materials and anti-corrosive treatments and making process changes in their field and plant operations. Also, our specialists are familiar with using and supporting our existing corrosion models - Predict®, Socrates® and Strategy™ - used by hundreds of clients in the petroleum and chemical industry needing corrosion prediction and materials capabilities."
According to Marshall Rafal, president of OLI Systems, "We have selected InterCorr because of its excellent brand recognition combined with their specialists who have the technical reputation to rapidly establish the Corrosion Analyzer software as part of the Virtual Corrosion Laboratory. It looks like it will become a prominent place to go in the corrosion marketplace and will help clients utilize our software better to solve their problems and implement solutions. InterCorr will fully support the OLI Corrosion Analyzer and provide a robust corrosion engineering and consulting service around this software, which is an integral part of our relationship."
Lars Joergensen, CEO of InterCorr International, added, "InterCorr has a global customer base of over 850 companies from 31 countries, and approximately 10,000 registered users of its CorrosionSource.com Internet portal site. We can now provide our customers a truly unmatched, integrated offering, including corrosion instrumentation, advanced corrosion modeling capabilities and consulting services linked with our resource site, www.corrosionsource.com. We are delighted that OLI Systems, with its strong background in chemical and process modeling, has chosen to partner with us."
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About InterCorr
Headquartered in Houston, InterCorr (www.intercorr.com) provides industry with quick response, results-oriented solutions to problems involving corrosion in a multitude of industries. InterCorr provides consulting and testing services in facilities located in Houston. InterCorr also provides systems for monitoring corrosion on-line and in real-time, coupled with sophisticated corrosion management and prediction software. InterCorr personnel have a depth of experience and expertise unparalleled in corrosion, working for 20 years with more than 850 clients globally in 31 countries, including such major companies as Shell, ExxonMobil, Conoco, Chevron, BP, Petrobras, Air Products, DuPont, Fluor Daniel, UOP, Emerson and US Filter.
About OLI Systems
OLI Systems was founded in 1971 by Dr. Marshall Rafal. During the past 30 years OLI has developed, at a cost of almost $30,000,000, commercial computer software that has established the company as the world leader in simulating aqueous-based chemical systems. OLI's unique capability is in providing the only predictive thermodynamic framework. This framework is applicable to most multi-component mixtures of chemicals in water, and is predictive over almost any conceivable temperature, pressure and concentration of interest. Employing this unique and powerful framework, the OLI Engine, supported by a very large, in-place databank, allows users to predict the chemical and phase behavior (including aqueous, vapor, nonaqueous liquid and multiple solids), of most mixtures of inorganic or organic chemicals in water. More information is available online at: www.olisystems.com
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