Announcement made at the "Paradigm Energy Leadership Event" in Beijing



    BEIJING, July 28 /EMWNews/ -- Paradigm(TM) (http://www.pdgm.com), a leading

provider of enterprise software solutions to the global oil and natural gas

exploration and production (E&P) industry, announced today that Richard H.

Ward has been appointed Regional Vice President, China. Ward's appointment

represents Paradigm's commitment to China's expanding global energy

economy.



    As Regional Vice President, Ward manages and develops business and

marketing strategies targeting the unique needs of oil and gas E&P

interests in China. In this role, he will be able to maximize adoption and

customer success from Paradigm solutions and consulting services in this

globally strategic region. Located in Beijing, China, Ward directly reports

to Jorge Machnizh, president and chief operating officer at Paradigm.



    The "Paradigm Energy Leadership Event" was held at the Capital Club and

included presentations by members of Paradigm's executive leadership team,

including Paradigm CEO John W. Gibson, Jr. and Machnizh. In addition to

announcing Ward's appointment, Machnizh reinforced Paradigm's ongoing

commitment to bring innovative geosciences technologies to the Chinese

energy industry and its continued relationship with customers in the

region. Additional areas addressed included the challenges facing

governments and NOCs worldwide and current industry needs. Ward used this

opportunity to highlight Paradigm's existing and emerging technologies and

their importance to the growing energy demand in the region.



    "Paradigm has built extraordinary momentum from its unique and globally

recognized position as the leading unconflicted supplier of subsurface

technology to the world's oil and gas industry," said Ward. "Paradigm's

potential and leadership integrity is aligned with my own values and

principles, and I'm excited to be a part of China's regional opportunity."



    Ward joins Paradigm with over 35 years of global business development

experience in the energy industry. He has held various executive positions

with BGP Ltd, serving as a marketing consultant at its headquarters in

Zhuozhou, China, and as vice president of business development in Houston.

At BGP, he was also responsible for strategic advising on marine and land

seismic opportunities worldwide. Ward previously served on the company's

merger and acquisition team, developed joint venture strategy for the

Middle East, and introduced the company to opportunities in South America.



    "Richard has been delivering results in executive leadership roles

throughout his career, and his experience extends across five continents in

numerous energy industry positions," said Gibson. "We look forward to his

contribution in positioning Paradigm as one of the leading software and

consulting companies, both in China and abroad."



    "Richard is a recognized leader in China's unique energy industry, and

his specific experience in the region makes him valuable in capturing the

enormous potential of our customers in China as they continue their quest

for energy sufficiency," said Machnizh.



    Ward's tenure as a leadership executive includes positions with

Landmark Graphics, YPF S.A., Veritas Geophysical, and Western Geophysical.

He has worked extensively in international business development for public

and private companies in the United States, China, Latin America, Europe,

Africa, Canada and the Middle East. Ward attended Trinity University in San

Antonio, where he earned a Bachelor of Science degree in geology.

    About Paradigm(TM)



    Paradigm B.V. (http://www.pdgm.com), an industry leader in digital subsurface

asset management, serving oil and gas companies worldwide. Paradigm

technology solutions for seismic processing and imaging, interpretation and

modeling, reservoir characterization and petrophysics, and well planning

and drilling operate in an open environment to accelerate results. Paradigm

has a global network of sales, consulting and support. For additional

information visit Paradigm's website at http://www.pdgm.com .



    The following are trademarks or registered trademarks of Paradigm B.V.

or of its affiliates (collectively, "Paradigm"): Paradigm(TM), Paradigm

logo and/or other Paradigm products referenced herein. All other trademarks

are owned by their respective owners.



    Forward-Looking Statements



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looking statements" that do not directly or exclusively relate to

historical facts. These forward-looking statements reflect our intentions,

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subject to risks, uncertainties and other factors, many of which are

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forward-looking statements include known and unknown risks. Because actual

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Paradigm does not undertake any obligation to update or revise any

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events or otherwise.






    Paradigm Media Contact:

    Samhita Shah

    Paradigm

    Tel: +1 713.393.4109

    [email protected]