Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JULY 15,1996 PSA#1636

SANDIA NATIONAL LABORATORIES (ALBUQUERQUE, NM), SEEKS PARTNERS TO ASSIST IN THE DEVELOPMENT AND COMMERCIALIZATION OF A NEW, PROPRIETARY WIRELESS TELEMETRY TECHNOLOGY The telemetry technology, referred to as SAM, utilizes existing and familiar oilwell tubulars, such as casing, tubing, drill pipe, and rods, to communicate with a downhole sensor package in real time. While the well was pumping and producing fluid, the technology has been proven to simultaneously transmit data from the SAM/sensor package 2700' down a rod pumped well, to the surface at a 2400 baud rate. This case represents neither the limits of the technology, nor the only potential application. Potential partners are sought for technical development of the SAM/sensor package. The nature of the agreement may be a collaborative research project between Sandia and one or more other parties with the goal of technology maturation. It is envisioned that this project will result in a commercially marketable version of the SAM/sensor package. Partners will be asked to participate under the terms of a CRADA (Cooperative Research & Development Agreement). Partners will be asked to leverage their research dollars in this effort. Partners must be committed to the eventual commercialization of SAM, and demonstrate the ability to do so. An up-front agreement to license the patented technology, up to a 5 year exclusive license, within specific fields of use, will be negotiated with the chosen partners. Interested partners are asked to respond in writing through mail or FAX by July 26, 1996. Joanne Trujillo, Sandia National Laboratories, Technology Partnerships & Commercialization, PO Box 5800-MS 1380, Albuquerque, NM 87185, FAX: (505)843-4175. In your inquiry, please include the field(s) of use you are interested in at this time and a statement of your capability in this area.

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