ATS Signs Major Contract With Range Resources; Innovative Web-Based Applications Will Streamline Business Processes

CALGARY and DALLAS--(BUSINESS WIRE)--June 15, 2000--Applied Terravision Systems Inc. (ATS) (CDNX: TER) today announced that it has entered into a three-year, US $3.0 million contract with Range Resources Corporation (Range) (NYSE: RRC) to provide ex-Sourcing services via the company's Application Service Provider (ASP) Centre in Addison, Texas. As an ex-Sourcer, ATS delivers secure, timely, accurate and cost-effective solutions that connect a company's vendors, suppliers and external data sources with its internal information data and processes.

"In today's competitive environment, by accessing ATS' Artesia System oil and gas solution suite via the ASP, companies save on internal software and hardware expenses, thereby reducing general and administrative (G&A) costs," said Bob Tretiak, president and CEO of ATS. "The ASP model also eliminates the distractions of managing complex information technology systems, allowing companies to focus instead on their core business activities."

Under the terms of the contract, ATS will be responsible for Range's operational, accounting, production and regulatory reporting. It will also manage transaction processing services, such as recording the sale of production, distributing receipts to outside interest owners and recording accounting entries on clients' books. In addition, ATS will work with operators and purchasers to ensure timely receipt and accurate disbursement of revenues from Range properties. As developers of the proprietary Artesia System, ATS is able to fully service the solution used to provide outsourcing services, giving Range immediate support and issue resolution. The ASP also acts as a low-cost alternative for achieving a high-tech data center by providing Range with monthly support, back-up, disaster recovery services and imaging.

Solutions from ATS' business partners will minimize Range's paper processing by maximizing e-business tools. "ATS' strategic alliances round out the total business solution by streamlining processes with Web-enabled workflow systems and also affording significant cost savings," said David R. Orr, senior vice president of ATS. "For example, Transzap's Oildex Solution will use Extensible Markup Language (XML) to electronically transport Range invoices directly to invoice processing, while Petrolis' PetroXML will provide a Web-based interface for the electronic exchange of revenue detail."

Using Actuate's e-business solution, ATS will also deliver electronic bills, client statements and regulatory reports to Range. Document management will also be available to Range via the ASP using Vanguard Systems' IMS/21, which is integrated with the Artesia System.

Range Resources

Range Resources is an independent oil and gas company operating in the Permian, Midcontinent, Appalachian and Gulf Coast regions of the United States.

Applied Terravision

Award-winning Applied Terravision Systems is recognized as one of the fastest growing technology companies in North America. ATS provides business-critical e-business information solutions that effectively manage the complex ownership of revenue-producing assets for government organizations, blue chip companies and small businesses around the globe. ATS has offices in Calgary, Dallas and Houston.

For further information on Applied Terravision, please visit www.atsi.com.

“The ASP model also eliminates the distractions of managing complex information technology systems, allowing companies to focus instead on their core business activities.”