OGRE Systems, Inc. Appoints New CEO

DALLAS, Jan. 25, 2011 /PRNewswire/ -- OGRE Systems Inc., a division of APEX Solutions, and leading provider of oil and gas economic software, announced that it has appointed Kirk Hanes president and CEO.  OGRE Systems, known for its established CONTINUUM and OGRE brand, is a leading force in the development and delivery of customizable reserves estimation, evaluation and management solutions.

"Kirk Hanes comes to our business with the petroleum and technology experience needed to navigate today's evolving oil and gas industry," said Du Xia, president of APEX Solutions. "His proven track record in growing technology companies, combined with an emphasis on customer service, will be the key assets to compounding the success of our business."

"OGRE has been a well known and trusted name within the oil and gas community for years.  What many people are unaware of, is a large investment was made to rewrite the software.  The focus was on end-user productivity, while providing full featured analysis and evaluation for today's highly transactional and increased regulatory environment.  We have a tremendous opportunity for companies who need to take the next evolutionary step and outpace the competition in the 21st century," says Mr. Hanes.

With the recent investment Mr. Hanes plans on additional global offices and U.S. expansion including hiring additional sales and service professionals for the Dallas and Houston areas.

Mr. Hanes joins OGRE Systems after serving as CEO of Federation Software, a worldwide provider of product lifecycle management tools (PLM) serving customers such as Boeing, Lockheed Martin Corporation and Airbus.  Earlier in his career Mr. Hanes was senior vice president of sales at Munro Garrett Computing, and was instrumental in the introduction and roll out of today's ARIES oil and gas software.  Since that time he has been involved at the executive leadership level of IHS, Zenodata and SOFTEngineeering.

Mr. Hanes holds a BA in Petroleum Engineering from Kansas University and an Executive MBA from Cox School of Business at Southern Methodist University in Dallas.

SOURCE OGRE Systems, Inc.

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