Westport chooses GlobalView over OILspace

Chicago, IL - GlobalView Software Inc., the industry leader in providing energy information management solutions, announced today that Westport Petroleum, a leading petroleum trading, blending, and transportation company, has chosen the award winning application MarketView over OILspace for a web based energy information management system.

Westport Petroleum’s evaluation list included six firms, including the incumbent OILspace. The final decision factors that weighed heavily in favor of GlobalView’s MarketView application were support, portability, analytics and presentation. GlobalView’s dedication to the energy markets and the frequent enhancements that it provides to MarketView also heavily influenced the decision.

“We were looking for a solution that would be portable, easy to use, provided superior analytics, and produced a steady stream of enhancements,” said David Jensen, Risk Manager at Westport. “We investigated 6 solutions, and chose MarketView to replace our OILspace terminals. It met all the requirements for our geographically diverse organization and provides excellent presentation tools for the data,” he added.

GlobalView was recently awarded Data Management Software House of the Year at the 2005 Energy Risk Magazine awards for its MarketView platform. “Last year, one data management system stood out as providing a truly global and versatile solution,” wrote Energy Risk’s editor, Stella Farrington about MarketView.

Jon Olson, President of GlobalView Software commented, “GlobalView is very excited to add Westport as our most recent MarketView customer. GlobalView’s advantage lies in the partnerships we forge with our customers, frequently updating our MarketView analytical software and GlobalData content solutions in response to their dynamic needs. Our web services model sets a new standard for ease of implementation and low total cost of ownership.”

With MarketView, Westport will be able to track and analyze energy markets at any time, anywhere, on any device. With ubiquitous access to market moving information, Westport will be able to maintain a competitive edge in the global, fast moving, volatile energy markets.

About GlobalView Software Inc.
GlobalView Software Inc., based in Chicago, Illinois, with offices in Houston, Connecticut, Washington D.C., London, and Singapore, is leading a transformation in the way the energy market profits from information management solutions. GlobalView’s award winning solution, MarketView, allows customers to optimize their use of information and lowers client’s total cost of ownership by aggregating mission-critical real-time and historical data into one consistent framework and then integrating the information into enterprise-wide solutions. For further information on MarketView and other GlobalView solutions please visit www.gvsi.com.

About Westport Petroleum
Westport Petroleum, Inc. (WPI) is an international company with a leading position in petroleum trading, blending, and transportation. A wholly owned subsidiary of Mitsui formed in 1985, they provide a wide array of commercial and operational services to the energy industry including pipeline and cargo trading of gasoline, jet fuel, diesel, refinery feedstocks, cutterstocks, bunker fuel, and fuel oils throughout the United States and major international energy markets.