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Pason Systems Corp. is a leading energy services and technology company, primarily serving the oil and gas drilling industry. The company's offerings include hardware, software, and services designed to provide end-to-end data management solutions for energy industry clients. Pason has a significant market presence, with a sustained market share of 70% on drilling rigs in the Western Hemisphere. The company is known for its innovative and reliable products, and it has a strong focus on leveraging technology to simplify and enhance data-driven operations in the energy sector. Pason's History and Evolution: Pason Systems Corp. was founded in 1978 by Wayne Parks and Ron Mason, who combined their last names to create the company's name. Over the years, Pason has undergone significant growth and expansion, both in terms of its product offerings and its global presence. Some key milestones in the company's history include: - Acquisitions: Pason has strategically acquired several companies to enhance its capabilities and expand its market reach. For example, in 2019, the company acquired Energy Toolbase, a leading provider of software for modeling and proposing the economics of solar and energy storage projects. - International Expansion: Pason has established a strong international presence, with offices and operations in various countries, including the United States, Canada, Argentina, Australia, Bolivia, Brazil, Colombia, Dubai, Ecuador, Mexico, Peru, and Saudi Arabia. - Technological Innovations: Pason has been at the forefront of technological advancements in the energy industry. The company's products, such as the Electronic Drilling Recorder (EDR) and the DataHub with Pason Live™, have set industry standards for data collection, management, and analysis. - Strategic Partnerships: Pason has formed strategic partnerships with major players in the energy sector, including a licensing agreement with ExxonMobil for its Drilling Advisory System (DAS). These partnerships have further solidified Pason's position as a leader in energy technology. Pason's Corporate Responsibility and Culture: Corporate responsibility is a core value for Pason Systems Corp. The company emphasizes integrity, transparency, and accountability in all its business dealings. Pason is committed to long-term profitability and value creation for all its stakeholders, and it actively promotes personal and professional growth among its employees. Pason's corporate culture is characterized by a strong sense of community and a commitment to giving back. The company is involved in various philanthropic initiatives and community engagement efforts, reflecting its dedication to making a positive impact beyond its business operations. Overall, Pason Systems Corp. is a reputable and established player in the energy services and technology sector. With a track record of innovation, a global presence, and a commitment to corporate responsibility, the company has earned a strong reputation in the industry."

• Leading energy services and technology company, Serving the oil and gas drilling industry, Offers hardware, software, and services for end-to-end data management solutions, Sustained market presence with 70% market share on drilling rigs in the Western Hemisphere, Founded in 1978, Significant growth and expansion over the years, Strategic acquisitions to enhance capabilities, International presence with offices and operations in multiple countries, Technological innovations in the energy industry, Products such as the Electronic Drilling Recorder (EDR) and DataHub with Pason Live™, Strategic partnerships with major players in the energy sector, Licensing agreement with ExxonMobil for the Drilling Advisory System (DAS), Emphasis on corporate responsibility and integrity, Commitment to long-term profitability and value creation for stakeholders, Promotion of personal and professional growth among employees, Strong corporate culture with a focus on community engagement and philanthropy, Reputable and established reputation in the energy services and technology sector.