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May 23, 2015 10:56 AM ET

Energy Equipment and Services

Company Overview of RMS Systems, Inc.

Company Overview

RMS Systems Inc. develops Web-based remote drilling data retrieval software solutions in Canada. The company’s software allows oil and gas companies to retrieve scientific measurement data in the field and communicate this data in real-time back to a central Web-based data warehouse. Its products include Electronic Drilling Recorder that provides an intuitive interface, which offers access to various available features; Web portal, which allows to access data in near real-time speeds; SiteWatch, a tool that checks-in on everything from near real-time data; and a mobile Website, which allows text based Internet enabled cell phone access to data through its Web Portal. The company also offers ...

3419 12th Street N.E.

Bay 10

Calgary, AB T2Z 6S6


Founded in 2003





Key Executives for RMS Systems, Inc.

Chairman, Chief Executive Officer and President
Age: 52
Chief Financial Officer and Vice President of Finance
Age: 37
Vice President of Operations
Vice President of Technology
Corporate Secretary
Age: 38
Compensation as of Fiscal Year 2014.

RMS Systems, Inc. Key Developments

RMS Systems, Inc., Special/Extraordinary Shareholders Meeting, Nov 27, 2013

RMS Systems, Inc., Special/Extraordinary Shareholders Meeting, Nov 27, 2013.

RMS Systems, Inc. Reports Earnings Results for the Second Quarter of 2013

RMS Systems, Inc. reported earnings results for the second quarter of 2013. For the quarter, the company reported LBITDA of $690,820 compared to $49,733 for first quarter of 2013 and $862,899 for second quarter of 2012. Rental revenues were $800,099, 24% lower than second quarter of 2012 and 53% lower than first quarter of 2013. This reflects the reduced activity levels due to spring break up in Canada and due to the sale of the US and International Operations in second quarter of 2012.

RMS Systems, Inc. Approves Election of David Hall as Director

RMS Systems, Inc. at its Annual General and Special Meeting held on May 27, 2013, approved election of David Hall as director of the corporation to hold office until the next annual election of directors or until their successors are elected or appointed, or are otherwise validly replaced.

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