XForms allows flexibility and choice and IBM intends to participate heavily
in the development of this important standard by working with customers,
standards bodies, open source community, partners, and industry verticals.

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E-forms allow for the structured exchange of data
- - such as inventory figures, customer data or pricing information --
between end users and back-end systems. The acquisition also complements IBM's fast-growing
content management business.

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About IBM

IBM is the world's largest information technology company, with 80 years of
leadership in helping businesses innovate.

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Tim's technical expertise and organizational skills will be important to the
development and use of PIDX standards within the oil and gas industry.org.

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In his new leadership role, Mr. "We are grateful to Tim and Wellogix for
their willingness to commit to furthering the PIDX standards with Tim's
acceptance of the Co-Chairmanship of the PIDX Business Messages Work Group . Mr.
For more information about Wellogix products or services, visit
info@wellogix.com, or contact Patrick Talley
at 713-621-0931.

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PRESS RELEASE IBM Formally Acquires PureEdge Solutions Inc . Pledges Support for Emerging Electronic Forms Standard Called Xforms

XForms is a platform independent
markup language for data capture and validation within electronic forms.

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This release was issued through eReleases(TM).

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For over fourteen years
oil companies, their customers, suppliers and other business partners have
collaborated on scores of projects.

PureEdge was also an active supporter of the open industry standard for
electronic form documents called XForms.

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com.

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pidx ., a privately held company based in
Victoria, BC, Canada. By providing greater
efficiency and accuracy than paper forms, e-forms technology helps
businesses and organizations more quickly and easily collaborate and share
information, which can increase both individual and organizational
productivity .

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software.

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Wellogix Executive Assumes API PIDX Leadership Role

For more information about PIDX, please go to
http://www. Support for XML allows users
to rapidly create, manage and exchange forms and documents within their
business, as well as with their partners and customers.

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"
In his role at Wellogix, Mr. Morgan
has championed the implementation of PIDX compliant data processes across the
network and directs the electronic integration projects between Wellogix CSM
clients and their service providers. IBM Software offers a wide range
of middleware and operating systems for all types of computing platforms,
allowing customers to take full advantage of the on demand era.

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Morgan has 15 years of technical and consulting experience across a
variety of industry sectors, including oil and gas. Morgan is responsible for the development and
expansion of the Wellogix Supplier Network , a business transacting network
that provides eCommerce connections between clients of the Wellogix Complex
Services Management (CSM(SM)) suite and their service providers. The XML format is
one of the keys to helping customers become On Demand organizations, and
IBM already supports XML across its portfolio of software products.

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Financial terms were not disclosed.

IBM will integrate newly -acquired e-forms into its portfolio of
collaboration technology, including IBM Workplace, WebSphere and
Lotus offerings.

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ereleases.com.

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These projects have reengineered entire
business processes and operations for greater efficiency and profitability
through the implementation of Electronic Data Interchange (EDI) and emerging
Electronic Business technologies such as the Internet and eXtensible Markup
Language (XML).




With this acquisition , IBM customers will have the ability to seamlessly
integrate electronic forms (or e-forms) functionality into their
collaborative solution.ibm.

IBM, Lotus, WebSphere and Workplace are trademarks of IBM Corporation in
the United States, other countries, or both.

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Morgan will be responsible for
ensuring that PIDX continues to develop and maintain effective eCommerce
standards and guidelines . For more information,
visit http://www.

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About PIDX
The Petroleum Industry Data Exchange, PIDX, is the American Petroleum
Institute's (API) committee on Electronic Business. The Wellogix CSM delivers a
complete, end-to-end solution that helps company engineers to collaboratively
plan and specify complex services with their service providers, to
automatically reconcile field -tickets and invoices, and to enforce compliance
with preferred service providers' contracts. The ability to exchange data in a
structured, standardized format is critical in vertical industries like
insurance, government, banking and healthcare.

IBM's new e-form technology is based on Extensible Markup Language (XML),
which provides a consistent format for the sharing of documents and
transactions between different applications.
While many forms vendors use proprietary forms technology and do not
support XForms (creating vendor lock-in), IBM supports this open standard.
All other company product or
service names may be trademarks or service marks of others.

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Mr.
Regarding his appointment, Mr.
IBM (NYSE: IBM) announced it has completed the
acquisition of PureEdge Solutions Inc. The fastest
way to get more information about IBM software is through the IBM Software
home page at http://www.

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HOUSTON, Wellogix, Inc.
"Tim Morgan has been instrumental in pioneering practical implementations
of the PIDX Global eBusiness Standards," said Jerry Hubbard, Director of PIDX
Standards and Guidelines Committee. He has been actively
involved in the definition and implementation of PIDX standards in the
upstream energy business, both at Wellogix and previously at OFS Portal, where
he was Director of Applications and Developments. Morgan earned a
Bachelor's Degree in Electrical Engineering from the Polytechnic of Wales in
the United Kingdom .

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, a leading provider of
innovative workflow solutions to the upstream energy business, announced today
that Tim Morgan, Senior Director of Operations, has accepted the position of
Co-Chairman of API's Petroleum Industry Data Exchange (PIDX) Business Messages
Work Group.
Formed in 1998 and based in Houston, Wellogix delivers on-demand business
solutions that support complex services planning, procurement and payment for
energy companies and their service providers.

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We
welcome Tim's continued participation and leadership in PIDX."
Mr. Morgan commented, "I am excited by this
opportunity to help increase the value and effectiveness of the PIDX standards
for organizations both large and small.

About Wellogix, Inc.

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