profitetrader | Börsenbrief für TSX Werte aus Kanada - Aktien, Short Spekulationen

CMG’s vision is to be the world’s leading developer and supplier of reservoir simulation technologies. CMG has partially achieved this vision as it is the leading supplier of advanced process reservoir simulation software, which the Company believes is the most rapidly growing segment of the simulation marketplace due to declining petroleum production from conventional means. CMG currently sells reservoir simulation software licenses to over 340 oil companies, consulting firms and research institutions in 48 countries. In combination with the supply of its leading edge software technology, CMG performs both funded research and consulting services for its many clients around the world. Funded research projects play an important role in experimenting with new recovery processes and technology that will be used in future years’ products. The provision of consulting services, which are typically of a highly complex nature, enables CMG to continually test the boundaries of its software and provides the opportunity to increase software license sales to both new and existing clients. CMG’s strategy is to grow its revenue base while advancing its technological superiority over its competition – two principles which yield long-term value for CMG stakeholders. To accomplish this, CMG has invested in our staff complement to support growth in our client base and future product offerings. In addition, CMG continually advances the development of its technologies in a targeted manner to try to anticipate what innovations(s) will create the most demand for increased licensing of our software, be it by existing customers and/or new customers.