Smart Fibres and Tendeka enter into Exclusive Agreement
December 2009

Smart Fibres is pleased to announce an exclusive agreement with Tendeka to provide pressure and temperature monitoring solutions for upstream oil and gas applications.

Tendeka was formed in 2009 to create an innovative completions company.  With multiple game-changing patents and ground-breaking technologies, Tendeka's products and services add value, reduce uncertainty and maximize recovery efficiency to clients' wells across the globe.  Smart Fibres, based in the United Kingdom, have been pioneering the use of optical sensing technologies to provide an innovative range of pressure monitoring technologies to operators. 

The agreement will give Tendeka unique access to the full Smart Fibres product range within the oil and gas upstream sector, enabling the company to provide its customers with enhanced integrated production optimization solutions.  Tendeka's global sales, marketing, field engineering and interpretation services will provide the perfect complement to Smart Fibres' technology to ensure that the benefits are maximized for their clients.

Smart Fibres' CEO Chris Staveley commented on the arrangement: "Tendeka is a perfect partner to deliver our systems into the upstream sector.  They are technology focused, experienced with complimentary measurement tools, and have a broad, forward-looking customer base.  We expect great things from this partnership." 

For further information about Tendeka, please visit www.tendeka.com