Energy Technology Expert Michael Weiss Elected to serve on PIDX’s Executive Committee as an At-Large Executive Committee Member

DENVER and HOUSTON, September 12, 2013 – PIDX, the global forum for developing and publishing oil and gas electronic business standards, and Oildex, the innovator of cloud-based smart information management solutions for the energy industry, are pleased to announce at the annual Fall PIDX Conference today, the election of Michael Weiss for a two year term to the PIDX Executive Committee as an At-Large Executive Committee Member.

Oildex provides oil and gas operators, partners and suppliers a community and framework for carrying-out business, resulting in substantial savings from no longer having to manually exchange core operating and financial information. Since 1999, Oildex has teamed with PIDX International to promote electronic business standards and accelerate the adoption of the PIDX standards.

Michael Weiss is Oildex’s Vice President of Software Engineering and has more than 25 years of experience in oil and gas software engineering and high-tech operations.

“Michael’s technical experience and extensive knowledge of the oil and gas space will be instrumental to advancing the industry’s eBusiness standards,” said Fadi Kanafani, CEO of PIDX.

“It is an honor to be elected by the PIDX membership to the Executive Committee,” said Michael. “I look forward to helping the progression of PIDX’s technology vision and roadmap.”

About PIDX, Inc.
PIDX Inc. is the oil and gas industry managed non-profit standards body for eBusiness in the global oil and gas industry.  PIDX Inc., known as PIDX International has a mission to provide a global forum for delivering and maintaining the process, information and technology standards that facilitate seamless, efficient electronic business within the oil and natural gas industry and its eBusiness community.

About Transzap, Inc.
Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and natural gas industry.  The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices in Denver and Houston. For more information, please visit www.transzap.com or www.oildex.com.