Xvision Software Looks Forward, Rebrands to FutureOn

New name communicates the company’s see more, make more mission and
preparedness to address an increasing demand for disruptive digital
collaboration services and solutions

HOUSTON–(BUSINESS WIRE)–Xvision Software today announced a corporate rebranding and name change
to FutureOn,
emphasizing its new identity as a digital technology innovator with a
mission to disrupt current workflow processes and optimize business
outcomes.

“The Xvision Software brand has served us well in Europe, but with our
international expansion well underway, we recognized the need to create
a new entity to better reflect the next stage of the company’s
evolution,” explained Paal Roppen, CEO of FutureOn. “We envision that
one day, with the help of FutureOn’s technologies, all of our customers
will see more about their assets from every possible vantage point,
enabling them to make more timely and meaningful decisions using visual
data collaboration across the entire industry ecosystem.“

The rebrand includes a new website at www.FutureOn.com
which showcases the company’s strategic direction as a disrupter in the
oil and gas industry. It also includes a new logo with the accompanying
tagline “See More. Make More.” that reflects FutureOn’s mantra to
help customers see more possibilities for their assets and begin
to make more forward-thinking choices.

“Many highly specialized industries with complex projects, such as
energy, have been under-served in the area of supply-chain collaboration
platforms that have long been transforming other global industries and
driving their own and the world’s futures and fortunes,” Roppen
continued. “For our part in bringing about the future in the energy
sector and beyond, FutureOn and its collaborative platform technology
offerings will disrupt existing industries by changing how people work –
and how long they remain relevant in their industry. They will see
more about the limitations of current past-based work environments,
and make more forward-thinking choices that enable them to evolve
and stay relevant and competitive.”

Based in Oslo, Norway, FutureOn has built a reputation for developing
innovative, efficient and cost-saving technology solutions for the
subsea sector of the oil and gas industry by using modern web and cloud
technologies to digitize the oilfield.

In 2017, the company launched into the global market with FieldAP,
the first true online collaboration tool for the energy industry,
providing offshore project managers the ability to visualize, digitize
and collaborate on field development, regardless of geographic location.
Currently adopted by some of the world’s largest exploration and
development companies and the service companies supporting them, the
online tool is capable of accelerating project timelines by up to 80%,
especially during the early concept and FEED phases. These time savings
can drive cost savings as high as 70% across the life of the project.

“We have discovered through the increasing acceptance of FieldAP, that
many oil and gas industry players are quickly growing tired of
information technology legacy systems inhibiting operational
efficiencies and the desired pace of revenue growth,” Roppen said. “They
yearn for disruptive, digital collaboration technologies such as FieldAP
that will help them make decisions better, quicker and faster, and
firmly establish their position as a lasting leader across the
competitive landscape.”

The company is currently planning the development of additional industry
applications where their collaboration technologies can improve workflow
processes and business outcomes. For more information on FutureOn, visit www.FutureOn.com
or visit their booth (#306) at Subsea Tieback taking place at the Moody
Gardens Hotel and Convention Center March 13-15, 2018 in Galveston, TX.

About FutureOn

Headquartered in Oslo, Norway with a U.S. office in Houston, FutureOn is
a digital technology innovator enabling customers to see more
possibilities for their assets and begin to make more
forward-thinking choices. For more information on FutureOn and its
collaborative platform solution FieldAP, visit: www.FutureOn.com
and connect with us on Facebook,
LinkedIn, and Twitter.

Contacts

Ward, for FutureOn
Molly LeCronier, 713-869-0707 (office)
917-282-4613
(mobile)
[email protected]