Jorge Machnizh, Paradigm COO, Will Meet With Clients and Partners

    RIO DE JANEIRO, Brazil, September 12 /PRNewswire/ -- Paradigm(TM), the
premier provider of advanced petroleum geoscience and drilling technology to
the oil and gas E&P industry, announces its participation in the Ninth
International Conference of the Brazilian Geophysical Society (SBGf),
September 11-14, in Salvador Bahia, Brazil. The focus at the Paradigm booth
(#20) will be on Paradigm's advanced product suite, in particular its
industry-leading interpretation and visualization solutions, and its
Geolog(r) log management, correlation and petrophysics system.
    Jorge Machnizh, Paradigm's newly-appointed COO, will visit the show
personally, in order to become acquainted with Paradigm's clients and
partners in the region. "I'm always pleased to visit Brazil, and this is a
wonderful opportunity for me to get a firsthand look at our operation there.
I look forward to meeting with clients, and to exploring new opportunities
with our partners in the region," said Mr. Machnizh.
    Carlos Fernandez, Paradigm Managing Director, Latin America, added, "As a
company with a long-term presence in Brazil, we're very happy to take part in
this conference. We look forward to demonstrating the newest versions of our
products to both new and existing customers, and showing how our advanced
technologies can help solve their most challenging E&P tasks."
    About Paradigm
    Paradigm provides information solutions to the leaders of the oil and gas
industry worldwide. The company has a global network of sales, service and
user support, with 25 offices in 22 countries, serving all major oil and gas
producing provinces in the world. Paradigm's advanced set of Software
Solutions and Integrated Services for prospect generation and evaluation
supports every stage in the oil and gas E&P process, from Data Processing and
Imaging; through advanced Visualization, Interpretation and Earth Modeling;
to Reservoir Characterization and Petrophysics; up to Petroleum Engineering,
Well Planning and Drilling. These solutions are supported by the Epos Data
Management and Interoperability integration framework.
    For further information, please contact: Carlos Fernandez -
carlos@paradigmgeo.com.
    The following are trademarks or registered trademarks of Paradigm
Geotechnology B.V. or any of its affiliates (collectively, "Paradigm"):
Paradigm(TM), Geolog(r), the Paradigm logo, and/or other Paradigm products
referenced herein.
    Recent press announcements are available on Paradigm's web site:
http://www.paradigmgeo.com.
    Certain statements contained in this media update are forward-looking in
nature. These statements can be identified by the use of forward-looking
terminology such as "`believes," "expects," "may," "will," "could",
"should,'' or "anticipates'' or the negative thereof or comparable
terminology, or by discussions of strategy. The company's business and
operations are subject to a variety of risks, uncertainties and other
factors. Consequently, actual results may materially differ from those
projected by any forward-looking statements. Such risks, uncertainties and
other factors that could cause actual results to differ from those projected
include, but are not limited to, the following: (1) political risk and
uncertainty in the global economy and within the energy sector, (2) regional
conflicts in oil producing countries, (3) future capital expenditures by oil
and gas companies, (4) fluctuations and absolute levels of international oil
prices, (5) the need for increased Company investment to support new product
and new service introductions, (6) the company's ability to raise needed
additional capital, (7) rapid technological changes that could make the
company's products less desirable or obsolete, (8) market acceptance of the
Company's products and services, (9) changes in product sales mix, (10)
product transitions by the Company and its competitors, (11) the impact of
competitive products and pricing, (12) currency fluctuations. The company
makes no commitment to revise or update any forward-looking statements in
order to reflect events or circumstances after the date any such statement is
made.

    Paradigm Media Contacts

    Corporate
    Nir Zamir
    Tel: +44-1483-758-000
    nirz@paradigmgeo.com

    North and South America
    Carmen Comis
    Tel: +1-713-393-4833
    ccomis@paradigmgeo.com

    Asia Pacific
    Mona J Poomy
    Tel: +60-3-2163-8111
    monap@paradigmgeo.com

    Europe/Africa/Middle East
    Emil Janson
    Tel: +44-1483-758119
    emilj@paradigmgeo.com

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