GuildOne Announces the Release of Synergy 2.3

GuildOne, Inc., a leading business solutions provider for the energy industry, announces at the 2006 Global Petroleum Show in Calgary, Canada, the general release of Synergy 2.3, the next generation of the Company's flagship business solution.

Synergy 2.3 is a trusted business application for the energy industry that simplifies comprehensive workflow processes through its one window approach to collaborative data mining, analysis and reporting.

"Synergy 2.3 is the energy industry's answer to asset optimization," said Robert Lenaghan, President and Managing Director, GuildOne, Inc. "Synergy 2.3 is a revolutionary tool that demonstrates GuildOne's innovation and leadership position in providing oil and gas solutions. Through new and improved features, Synergy 2.3 helps companies in the energy industry monitor and manage core assets, which saves them time and money."

Today's oil and gas companies are challenged by inconsistent data stored in critical lines of business applications. Business units utilize separate systems for primary functions, which results in fragmented reporting and analysis. Synergy 2.3 weaves this disparate data together to eliminate 'the silo effect' and enables proactive decision making by sharing data in a timely and effective manner.

Synergy 2.3 brings immediate value to exploration and production (E&P) and income trust companies by leveraging existing data, applications, software, networking and IT infrastructure to reduce dependencies on third party software applications.

Increased mergers and acquisitions, coupled with the emerging state of the energy market, means data integrity is a top-of-mind issue within the energy industry to ensure bottom-line results are not compromised. Synergy 2.3 is now enhanced by better business management tools that enable greater control over internal operations through the following new and improved features:

- Addition of a powerful Web-based solution library making it easier for end users to search, locate and install business applications;
- Implementation of a rich reporting interface that enables simple and flexible printer-ready documentation in a variety of formats;
- Creation of a visual process modeller to enhance productivity and reusability;
- Simplified integrated desktop environment to ease training and support burdens, and enable users to produce professional reports quicker and easier;
- Validated asset inventories that enable users to compare application data to valid lists and drive integrity into data sources;
- Improved issue tracking and notification to better monitor and distribute progress on critical operations; and
- Enhanced business analysis and intelligence tools to identify trends and patterns and improve understanding of activities.

"The new and improved features of Synergy 2.3 help energy companies to better identify issues and trends in the industry and be more proactive in managing data across multiple databases and business units," said Lenaghan. "Synergy 2.3 provides greater functionality than ever before, and is vital tool for any company looking to streamline processes and drive revenue to the bottom line."

About GuildOne, Inc.

GuildOne is a leading business solutions provider that delivers comprehensive data management applications for the energy industry. Through its flagship product, Synergy 2, GuildOne provides organizations a one-window approach to asset optimization, which enables companies like EnCana, Nexen Inc., Pengrowth Energy Trust, Enerplus Resources Fund and Advantage Energy Income Fund to make better business decisions and ultimately yield bottom-line results. Synergy 2 is a trusted business application for the energy industry that simplifies comprehensive workflow processes through its one window approach to collaborative data mining, analysis and reporting. Turning complex data into intelligent information, Synergy 2 saves time and money by enabling proactive decision-making through its real-time reporting.