Market Overview

SpotSee Increases Equipment Uptime and Reduces Costs for Oil and Gas Producers

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SpotSee,
the global leader in shock and vibration monitoring through low-cost
connectivity and data, provides critical monitoring to oil and gas
equipment while in transit and in use, alerting users of potential
damage and warning them of equipment failure before it occurs.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180731005182/en/

SpotSee's OpsWatch on the SpotSee Cloud (Photo: Business Wire)

SpotSee's OpsWatch on the SpotSee Cloud (Photo: Business Wire)

The best way to predict equipment failure while in operation is through
vibration monitoring and analysis. SpotSee's OpsWatch and OpsWatch EX
(ATEX Certified Version) provide a real-time look at the vibration
experienced by a piece of equipment and alert users if a deviation in
normal operating pattern occurs. This alert will predict failure days
before it happens and gives users time to perform preventative
maintenance, maximizing production and increasing productivity.

"Downtime in the oil and gas industry is unacceptable," said Tyson
Stuelpe, vice president - global sales and marketing, SpotSee. "Our goal
is to eliminate downtime and save users money. By providing transparency
to the heavy equipment shipping process, monitoring top drives and mud
pumps while they are in use, or alerting operators to potential
compressor skid damage, our solutions are able to provide value at every
single turn."

Impact monitors such as SpotBot™, ShockTrak™ and ShockLog® provide users
with visibility into their logistics and ensure their products are
delivered without damage. When there is an impact above a pre-determined
threshold level, an alert is automatically created and users are able to
inspect the equipment and assign responsibility for any damage. Using
these devices reduces the chance of mishandling and ensures that the
equipment being used is undamaged and fully operational, which is
crucial for oil and gas companies.

The oil and gas industry relies on expensive equipment, such as pumps
and compressors, which are costly to repair if damage or failure occurs.
It is vital for equipment to remain operational since oil well downtime
is expensive and inefficient. Having a guarantee of undamaged equipment
after shipping and being able to monitor the equipment during use is a
valuable resource that increases production, efficiency and reduces
costs for oil and gas producers.

For more information on SpotSee and its products, visit www.spotsee.io.

About SpotSee

SpotSee is an internet of things end-to-end solution provider that
enables customers to spot damage in their operations and see it in real
time. SpotSee has developed a low-cost, connected ecosystem that
includes its own mobile virtual network enabler (MVNE) that delivers
data from devices anywhere in the world to customers' fingertips.
SpotSee devices monitor shock, vibration, temperature and other
environmental conditions through its market-leading brands such as
ShockWatch®, ShockLog®, SpotBot™, OpsWatch and WarmMark®. The company
has a global network of over 300 sales and technical service partners in
62 countries. SpotSee is headquartered in Dallas, Texas, with operations
in Brazil, Netherlands, United Kingdom, China, Mexico and Graham, Texas.
For more information, visit www.spotsee.io.

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