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Asset Integrity Provider PinnacleAIS Announces Official Launch

June 1, 2006 – Houston, TX – PinnacleAIS, a leading provider of services and technology specializing in improved asset integrity for the petroleum and chemical processing industry, today announced its official launch under the legal entity PinnacleAIS, LLC. Based in Houston, Texas, PinnacleAIS has already been conducing business in a number of US facilities in cooperation with partner companies.

“We are excited about the future of our industry as well as our ability to provide services and cutting-edge technologies in the area of asset integrity, said Ryan Sitton, CEO and Founder of PinnacleAIS. “The industry is experiencing a severe shortage of resources and expertise in this area, and PinnacleAIS poised to deliver innovative solutions that will help our clients achieve new levels of integrity and reliability.”

“PinnacleAIS personnel will continue to be leaders in understanding the various technologies available to the industry and being able to implement the most effective complement of those technologies,” Mr. Sitton added. “Although we have begun with a core group of experienced personnel from across the industry, our long-term focus is to bring in the brightest individuals at the beginning of their careers and develop our personnel through our own regimented training program. This ensures that we are growing the resource pool, rather than simply shifting existing resources. Overall, we will help our clients make significant advances in asset integrity programs by thinking outside the box, leveraging existing technologies, and providing new solutions. Our slogan, ‘Different approach, better results’ will be evidenced in each project we take on.”

PinnacleAIS offers unique, integrated technologies and services for asset integrity, reducing the need to hire multiple contractors and streamlining projects to ensure that all initiatives are completed at the same time. The company’s integrated solutions span four key areas: Mechanical Integrity, Process and Operational Integrity, Compliance/Process Safety Management and Business Improvement, which can be interwoven to provide a complete model that fully optimizes asset integrity.

PinnacleAIS provides the following solutions for its clients:
• Ensures the most strategic use of inspection resources
• Guarantees compliance with state and federal regulations or codes
• Assesses degraded equipment and reports on the remaining useful life of each asset
• Evaluates safety and minimizes business risks associated with asset integrity
• Develops programs that reduce costs associated with managing the reliability of assets
• Provides unsurpassed customer service

About PinnacleAIS

 
Based in Houston, TX, PinnacleAIS is a leading technology and services provider, specializing in wholesale improvements in asset integrity for the petroleum and chemical processing industry.

Through innovative technology and world class services, PinnacleAIS offers a unique approach to asset integrity, helping operating companies realize substantial improvements in compliance and safety, while simultaneously reducing costs and business risks. PinnacleAIS is a member of numerous trade organizations including The American Petroleum Institute (API).

PinnacleAIS was founded in 2006 and is privately held.