IHS, Labrador Technologies Announce Global Strategic Agreement

IHS Inc. and Labrador Technologies Inc. (LTI) announced today a global strategic agreement to distribute Labrador's eTriever web application bundled with IHS Canadian Oil and Gas Critical Information. IHS has the exclusive ability to offer eTriever combined with any Oil and Gas data on a worldwide basis.

The combination of Labrador's innovative web-based data browsing technology and IHS market-leading Oil and Gas data introduces a ground-breaking way for customers to work. eTriever will provide customers with easy, quick, mobile access to IHS information from anywhere in the world.

"This strategic relationship is very complementary to the IHS market-leading position in desktop analysis and data distribution in the Canadian market," said Rich Herrmann,vice president of IHS global information access. "eTriever extends our customers' options for searching and visualizing our data in a far more flexible manner, including web browser and mobile application deployment. We are excited to offer this compelling new product to the industry."

"From the outset," said Ron Sterne, chief executive officer of LTI, "we have built eTriever to access a wide variety of information, across multiple industries. We believe that the high quality of IHS data is the perfect fit for eTriever distribution, offering new and existing customers the best combination of critical information and agile data browsing."