SCS Corporation announced that its contract with Exploration Associates Inc., to exclusively organize, sell and distribute 2D seismic data for analyzing drilling prospects worldwide has been expanded to include seismic prospects from five additional countries including Syria, Egypt and Turkey.
SCS Corporation is a wholly owned subsidiary of HyperDynamics Corporation, a provider of integrated information technology services and products. Through the cataloguing process it has been determined that there are sizable prospects also in the United States, Syria, Peru, Egypt, and Turkey. Under the contract, the data can be sold more than once.
"We expect that these additional prospects will raise our initial estimates of more than one million dollars in revenues by a multiple of two times. Having the responsibility of managing this valuable asset will naturally produce increasing revenues for our core service fees associated with tape media conversion to DVD-RAM, online media storage, and data processing fees, in addition to the base fees for selling the data," stated President of SCS, Neil Moore.
SCS Corporation is a wholly owned subsidiary of HyperDynamics. Some of the company's partnerships and certifications include Intel, Microsoft, Citrix, Cisco Systems, Great Plains and AT&T. HyperDynamics is headquartered in Houston. It provides integrated information technology services and products such as its Hypersource IT outsourcing services, custom and vertically oriented Application Service Providing (ASP), Enhanced Colocation Services and Hyperserve(TM) integrated servers. — (menareport.com)
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