Business
Pulse Data Inc. announces hiring of Richard Earle as Vice President Sales and Marketing
Pulse Data Inc. announces hiring of Richard Earle as Vice President Sales and Marketing.
About this update from Pulse Seismic Inc.
[{"type":"text","content":"\n\n\n\n\nTSX Symbol - (TSX:PSD) \n\nCALGARY, Jan. 9 /CNW/ - Pulse Data Inc. (\"Pulse\") is pleased to announce\nthe hiring of Richard Earle as Vice President Sales and Marketing effective\nJanuary 9, 2006. Mr. Earle will be responsible for supervising the activities\nof Pulse's seismic data sales and seismic participation surveys departments.\nIn 1990 Mr. Earle co-founded and held the position of President of Time\nSeismic Exchange Limited, a Calgary based seismic data library company. In\n1999 Veritas DGC Inc. acquired Time Seismic and Mr. Earle continued in the\ncapacity of President until 2004 where he was instrumental in the business\ndevelopment of the company. With over 20 years of diverse experience in the\nseismic industry, Mr. Earle brings considerable knowledge and senior\nmanagement skills, which will be a significant benefit to Pulse.\n\"As industry demand for seismic data continues to grow, Pulse remains\nfocused on providing a quality product to our clients and customers\", stated\nPulse President and CEO, Ken MacDonald. \"Richard's extensive seismic\nexperience will assist us in increasing our seismic library with quality 2D\nand 3D data, and assist us in increasing seismic sales revenues and free cash\nflow.\"(1)\nPulse is a Calgary-based international company specializing in data\nownership through acquisition, marketing and information management, with a\ncurrent focus on the energy sector. Through its three operating segments,\nPulse Seismic, Terrapoint and Trango, the Company has evolved into an industry\nleader in providing better information faster.\nPulse Seismic is at the forefront with regard to acquiring, marketing and\nlicensing seismic data in Western Canada. Pulse Seismic's library currently\nconsists of approximately 240,000 net kilometres of 2D data and more than\n9,200 net square kilometres of 3D data. Cash is generated through licensing of\nour seismic data library to the oil and gas industry in Western Canada.\nPulse trades on the Toronto Stock Exchange under the symbol PSD.\n\n(1) The Company's continuous disclosure documents provide discussion and\nanalysis of \"free cash flow\". This financial measure does not have a standard\ndefinition prescribed by generally accepted accounting principles in Canada\n(GAAP) and therefore it may not be comparable to similar measures disclosed by\nother comp...