Sensornet Announces Joint Venture With BMP Enterprises

Released on: July 14, 2008, 6:25 am

Press Release Author: Sensornet

Industry: Construction

Press Release Summary: Sensornet, provider of the world's most advanced monitoring
solutions, is pleased to announce a joint venture with BMP Enterprises to provide a
full product and field installation service for upstream and downstream monitoring
products to the United States oil and gas market.

Press Release Body: Sensornet, provider of the world's most advanced monitoring
solutions, is pleased to announce a joint venture with BMP Enterprises to provide a
full product and field installation service for upstream and downstream monitoring
products to the United States oil and gas market.

BMP Enterprises, based in Texas, will utilize its expertise and knowledge to market
and install the world's most advanced asset monitoring products provided by
Sensornet. Among a number of the services provided, BMP Enterprises will, with the
combined expertise of Sensornet, offer permanent and retrievable Distributed
Temperature Sensing (DTS) installation services to the United States, including
Alaska and Canada.

BMP Enterprises offers permanent installation services of electrical downhole
gauges, DTS, hydraulic controlled downhole tools along with retrievable DTS
monitoring to aid in acid stimulation, tubing/casing leak detection and flow
identification, among many other uses. The company also offers completion equipment
leasing programs as well as an equipment fabrication division, specializing in
custom oilfield equipment manufacturing.

Neale Carter, CEO, Sensornet says, "We have enjoyed a successful working
relationship with BMP Enterprises and are looking forward to sharing and learning
from each others technical and engineering expertise. The blend of Sensornet's
innovative technology and BMP Enterprises established track record in the US market,
will bring substantial strength and value to the partnership. We intend to
reinforce our global footprint and the creation of a joint venture will allow us to
better serve and meet our customers' need for a solutions provider. We are looking
forward to a very bright and prosperous future for both companies."

Brian Phillips, President and CEO, BMP Enterprises said: "I view the partnership
between Sensornet and BMP Enterprises as a very exciting and rewarding opportunity
for all involved and look forward to assisting Sensornet in expanding their global
operations into the US market. I am ecstatic to team up with a company who has the
best product on the market with regards to upstream and downstream optical
monitoring systems and software products."

About Sensornet

Launched in 1998, Sensornet provides the world's most advanced asset monitoring
solutions, using real-time distributed temperature and strain measuring systems.

Sensornet provides the complete Digital Monitoring package to the global oil and gas
industry, and offers its own temporary and permanent DTS installation capability.
The company is rapidly expanding and has offices based globally in Europe, North and
South America, the Middle East and Asia.

Sensornet's award winning technology is supported by a highly qualified and
experienced technical, operations and management team, which has provided
multi-million dollar turnkey solutions to many of the world's leading blue-chip
companies. From system engineering and design, to data interpretation services and
post delivery support agreements, Sensornet is a full solution provider.

www.sensornet.co.uk

About BMP Enterprises

BMP Enterprises was formed as a Texas based Oil & Gas Completions service company in
August of 2007. Though a newer company in this market, the employees and partners of
BMP Enterprises are comprised of some of the world's most experienced when it comes
to fibre optics and reservoir monitoring for Oil & Gas applications, with years of
expertise in downhole monitoring.

BMP Enterprises offers a large portfolio of services within the Continental United
States, Gulf of Mexico, Alaska and Canada with some services taking equipment and
personnel International.

BMP Enterprises strives to provide the very best in services, products and quality
of work in the industry and are able to do so because of the dedication and
expertise of their employees and the years of experience combined.

www.bmpenterprise.com

Contacts
Richard Kluth, Sensornet - richard.kluth@sensornet.co.uk, +44 208 236 2550
Brian M Phillips, BMP Enterprises - bphillips@bmpenterprise.com, +1 979 865 5913



Web Site: http://www.sensornet.co.uk/

Contact Details: Contacts
Richard Kluth, Sensornet - richard.kluth@sensornet.co.uk, +44 208 236 2550
Brian M Phillips, BMP Enterprises - bphillips@bmpenterprise.com, +1 979 865 5913

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