LAS VEGAS, Oct. 1, 2012 /PRNewswire/ -- MetaPower
International, Inc. (OTCPK: MTPR) is pleased to provide this
overview and update of its business.
Business Overview and Update
MetaPower has developed the patented UCoDA Business Process
Management Technology for rapidly designing and implementing
business process computer applications. The UCoDA Technology
is the result of 20 years of process re-engineering consulting with
major corporations and reflects a significant departure from
traditional information technology ("IT") development
approaches.
The current generation of IT technology has a relational data
view of business information systems and organizes computer
applications from a data organization point of view. UCoDA
organizes information from the business process view of business
information systems and has a process organization point of
view. This alternative view provides the foundation for rapid
business application development by the business community rather
than the IT community.
The UCoDA Technology is deployed in an internet-based
architecture so that the software can be offered as a service over
the internet. This approach to software architecture has been
referred to as "Software as a Service" and as "Cloud
Computing." This enables MetaPower to sell subscriptions to
use the software without having to install the system on client
computers.
MetaPower has engaged with the Center for Organization Reform
("COR") located in Spokane,
Washington to research and develop an approach for
understanding and leading organizational culture. Based on
this research, an approach to defining cultural expectations and to
measuring the degree of cultural compliance has been developed and
a patent application is now pending.
MetaPower has developed a model of the work activities and
information required to ensure a safe industrial operation.
This model is the basis for MetaPower's culture development
consulting practice. It is the basis for a proprietary set of
safety criteria that client organizations can benchmark their
safety systems and work practices against.
MetaPower has integrated the safety criteria, our Culture
Leadership Approach with our UCoDA Technology and our consulting
expertise to offer a breakthrough Safety Management Solution that
is branded as "Noble Production." The Noble Production
offering includes a suite of UCoDA based applications and
associated services required for a client to gain control of its
information infrastructure and manage its value system to move to a
high performance safety culture.
The Applications of the Noble Production solution include:
Condition Reporting, Action Planning & Management, Audits &
Assessment, Observation Tracking and Trending, and Change
Management applications.
The Services of the Noble Production solution include: Culture
Management Services, Root Cause Analysis Services, Hazard Analysis
Services, Technical Services, Data Conversion Technical Services,
and UCoDA Support Services.
MetaPower intends to sell subscriptions for the use of Noble
Production over the internet. Services to support the
implementation of Noble Production will be provided on a contract
basis with either package pricing or per hour billing as
appropriate.
MetaPower will provide a simple survey offering, using the Audit
and Assessments module, with a limited benchmark of Safety Criteria
as a free offering to all heavy industrial facilities. This
free offering will create a database of current performance which
will enable participants to benchmark their performance against
other industry players as well as the base standard. This
will also introduce MetaPower and our technology to each of these
prospective clients.
The Company will position this offering through marketing
communications that establish BPM technology based applications as
the preferred solution to the flexibility required of a Safety
Management Program. Direct sales will focus on Hazardous
Industry Operating executives and managers such as the Division
Vice Presidents, Plant Managers, and Department Managers.
The MetaPower solution will be implemented through a project
lifecycle. The project will engage MetaPower Consultants and
client subject matter experts together to implement the
solution. The project will include training, planning and
implementation activities of the Noble Production program.
Once we are engaged we intend to extend our presence in the
client organization by showing the power of the UCoDA technology to
integrate information and processes to rapidly provide innovative
solutions in other underserved process areas.
The Company's initial deployment of the Noble Production suite
of applications now has a target release date of Q4 2012.
Current development work is near completion. Client testing
identified some important enhancements that were necessary to be
fully functional for the user. The schedule is still for Q4
2012 but may slip into Q1 of 2013.
A technology approach to measuring and leading a Safety Culture
has not been previously developed and to MetaPower's knowledge no
other offering exists at this time. MetaPower believes our
offering represents the first time Business Process Re-engineering,
Computer Technology and Industrial Psychology have been combined to
address the critical issues of safety and production in these
facilities.
Business Process Management is a multi-billion dollar market and
has a variety of players. However, this market has not found
the application that properly exploits the capabilities of the
technology. MetaPower believes that the combination of our
UCoDA BPM technology and the culture leadership solution represent
an offering that competitors cannot match.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology and services firm
originally founded in 1996 that provides information technology and
change management services to hazardous process industries.
This link between technology and services is critical to manage the
changes necessary to successfully compete in the current
environment. In today's world, business operations must be
streamlined to meet the challenges of these turbulent economic
times.
This press release contains "forward-looking statements."
Forward-looking statements are statements concerning plans,
objectives, goals, strategies, expectations, intentions,
projections, developments, future events, or performance,
underlying (expressed or implied) assumptions and other statements
that are other than historical facts. These forward-looking
statements are only predictions. No assurances can be given
that such predictions will prove correct. Actual events or
results may differ materially. Forward-looking statements
should be read in light of the cautionary statements and risks that
include, but are not limited to, the risks associated with a small
company, our comparatively limited financial resources, and other
factors that may adversely impact us. These or other risks
could cause actual results to differ materially from the future
results indicated or implied in such forward-looking
statements. We undertake no obligation to update or revise
such statements to reflect events, circumstances, or new
information after the date of this press release or to reflect the
occurrence of unanticipated or other subsequent events.
Contact:
Steve Ivy
360-450-4209
www.metapower.com
SOURCE MetaPower International, Inc.
