News Archive - 2008
SOLARC RECEIVES SECOND GROWTH AWARD FROM HOUSTON BUSINESS JOURNAL
HOUSTON (NOV. 11, 2008) - SolArc is pleased to announce being named one of Houston's fastest-growing technology companies in the annual FastTech 50 list recently published by the Houston Business Journal. [more]
SOLARC ACHIEVES INTEGRATION CERTIFICATION FROM ICE
HOUSTON (NOV. 10, 2008) - SolArc, a global provider of enterprise commodity management solutions, announced today that its RightAngle® solution has been certified to integrate directly with IntercontinentalExchange® (ICE), a leading operator of regulated global futures exchanges and over-the-counter markets. [more]
SOLARC DELIVERS INDUSTRY-LEADING COMMODITY TRADING AND RISK MANAGEMENT SOLUTION ON THE LATEST MICROSOFT .NET ARCHITECTURE
HOUSTON (Oct. 27, 2008) - SolArc, a global provider of enterprise commodity management solutions, announced today that it has delivered its latest product release on the Microsoft .NET Framework. [more]
SOLARC RECOGNIZED AS ONE OF HOUSTON'S FASTEST-GROWING COMPANIES BY THE HOUSTON BUSINESS JOURNAL
HOUSTON (September 26, 2008) - SolArc is pleased to announce being named one of Houston's fastest-growing companies in the annual Fast 100 list, published today by the Houston Business Journal. [more]
SOLARC ACHIEVES MICROSOFT GOLD CERTIFIED PARTNER STATUS
HOUSTON (August 27, 2008) - SolArc, a global provider of commodity supply, trading and risk management software solutions, today announced it has attained Gold Certified Partner status in the Microsoft Partner Program. [more]
BUCKEYE ENERGY SERVICES SELECTS SOLARC TO PROVIDE ENERGY MARKETING AND RISK MANAGEMENT SOLUTIONS
HOUSTON (August 13, 2008) - Buckeye Energy Services (BES), a rapidly growing refined products marketing organization and a subsidiary of Buckeye Partners, L.P. (NYSE: BPL), has chosen the RightAngle integrated application suite from SolArc, a global provider of commodity supply, trading and risk management software solutions. [more]
SOLARC APPOINTS STEPHEN ODOM AS CHIEF OPERATING OFFICER
HOUSTON (August 6, 2008) - SolArc, a global provider of commodity supply, trading and risk management software solutions, has appointed software industry veteran Stephen Odom as chief operating officer. [more]
BARCLAYS BANK PLC GOES LIVE ON SOLARC RIGHTANGLE
HOUSTON, LONDON (June 18, 2008) - SolArc, an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, announced today that Barclays Capital has gone live on its SolArc RightAngle platform. [more]
SOLARC SUPPORTS CARL MCCAIN MEMORIAL FOUNDATION AGAIN IN 2008
HOUSTON (May 19, 2008) – SolArc, an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, recently participated in 20th annual Carl McCain Memorial Foundation’s (CMMF) Chili/Fajita Cook-off in Houston. SolArc executives and employees volunteered their time throughout the day to help make the fundraiser a success. [more]
SOLARC LAUNCHES SOLARC RA FUELOFFICE
HOUSTON (May 14, 2008) – SolArc, an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, today announced the launch of SolArc RA FuelOffice. SolArc RA FuelOffice, is an enterprise solution for jet fuel procurement, budgeting, accounting and price risk management for small to mid-size airlines. SolArc RA FuelOffice delivers the proven, market leading functionality and best practices for jet fuel management that major global airlines such as, Singapore Airlines and United Airlines use across their global fuel supply chain. [more]
SOLARC HIRES ERIC JOHNSON AS VICE PRESIDENT, MARKETING
HOUSTON (February 26, 2008) - SolArc, an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, today announced that Eric Johnson has been named Vice President, Marketing, effective immediately. Johnson, previously Vice President, Marketing, for Halliburton, is responsible for leading the company's marketing efforts across all product and service lines. The hiring of Johnson, SolArc's first Vice President, Marketing reflects the company's continued growth and expansion into new markets. [more]
NORTHWEST AIRLINES SELECTS SOLARC FOR JET FUEL MANAGEMENT
HOUSTON (January 28, 2008) - SolArc, an innovative, market-focused software company with a proven solution that streamlines and automates the jet fuel supply chain, announced today that Northwest Airlines will implement SolArc RightAngle for managing the jet fuel supply, logistics, accounting and price hedging for their domestic and international operations. Northwest Airlines will use SolArc RightAngle to manage jet fuel procurement, taxes, inventory, and automated payables matching integrated with IATA InvoiceWorks. A major goal of the initiative is to consolidate information systems and implement best practices for managing the fuel spend. [more]
News Archive - 2007
JAPAN AIRLINES SELECTS SOLARC RIGHTANGLE FOR JET FUEL MANAGEMENT
HOUSTON, ISTANBUL (November 5, 2007) - SolArc, an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, announced today that Japan Airlines (JAL) has selected SolArc RightAngle as its "Next Generation Fuel Administration System (NGFAS)." One of the world's largest airline passenger and cargo carriers, JAL Group manages jet fuel for a fleet of 276 aircraft serving more than 400 international and domestic routes. [more]
GASELYS SELECTS SOLARC TIES II TO MANAGE GAS & POWER PHYSICAL SHIPPING OPERATIONS
HOUSTON (August 6, 2007) - SolArc, an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, announced today that Gaselys has selected the SolArc TIES II solution to manage their capacity bookings/shipping operations on the European gas and power infrastructures - transmission and storage. [more]
WESTPORT PETROLEUM SELECTS SOLARC FOR TRADING AND TRANSPORTATION MANAGEMENT FOR CRUDE AND REFINED PRODUCTS
HOUSTON (July 31, 2007) - SolArc, Inc., an innovative, market-focused software company that dramatically improves the performance of commodity-intensive businesses, announced today that Westport Petroleum, Inc. (WPI), an international company that provides commercial and operational services to the energy industry has selected SolArc RightAngle as its comprehensive petroleum trade management solution. [more]
ENOGEX SELECTS SOLARC SOLUTION TO MANAGE NGL SUPPLY AND MARKETING OPERATIONS
HOUSTON (May 7, 2007) - SolArc, Inc., a leading provider of supply, trading and risk management solutions for global commodities companies, announced today that Enogex has selected the SolArc RightAngle solution to manage their natural gas liquids supply, transportation and marketing. [more]
SOLARC RIGHTANGLE ACHIEVES "CERTIFIED FOR SAP NETWEAVER®" STATUS
HOUSTON (April 17, 2007) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, has announced that its flagship product, SolArc RightAngle has achieved "Certified for SAP NetWeaver®" status. SolArc RightAngle provides a standard interface framework for different integration scenarios. The certified integration provided between SolArc RightAngle and the SAP NetWeaver platform will result in faster implementations, lower integration costs, and industry best practices. [more]
SOLARC FUEL MANAGEMENT SOFTWARE SUPPORTS UNION PACIFIC RAILROAD
HOUSTON (March 28, 2007) - SolArc, Inc., leading provider of supply, trading and risk management solutions for global commodities companies, announced today that Union Pacific Railroad has selected its SolArc RightAngle solution to manage fueling of its locomotives. [more]
FOREST OIL SELECTS SOLARC FOR NATURAL GAS, CRUDE OIL AND NGL, MARKETING AND RISK MANAGEMENT
HOUSTON (February 12, 2007) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announced today that Forest Oil Corporation (NYSE: FST) has selected SolArc RightAngle's Producer capability to manage the scheduling and marketing of their wellhead production relative to natural gas, crude oil, and NGL products. Also included is SolArc RightAngle's Mid Stream capability, which Forest will use as a gatherer, plant processor, and/or common stream operator. Forest will deploy the SolArc solution domestically, and in their Canadian operations. Forest will utilize SolArc RightAngle's Marketing capability to handle their entire product trading operations. [more]
News Archive - 2006
SOLARC ACQUIRES TRINITY APEX SOLUTIONS
HOUSTON (November 30, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, has acquired privately held Trinity Apex Solutions, Inc. of Dallas, a leading developer of software systems for natural gas producers and marketers. Terms of the transaction were not disclosed. [more]
PHOENIX FUEL LLC SELECTS SOLARC FOR AVIATION FUEL MANAGEMENT SOLUTION
HOUSTON (November 1, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announced today that Phoenix Fuel LLC has selected SolArc RightAngle to streamline the management of their aviation fuel supply and marketing operations. [more]
SINGAPORE AIRLINES SELECTS SOLARC SOLUTION FOR JET FUEL MANAGEMENT
HOUSTON (September 15, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announced today that Singapore Airlines has selected them to provide and implement a fuel management system, SolArc's RightAngle system. [more]
VIRGIN ATLANTIC AIRWAYS SELECTS SOLARC SOLUTION FOR JET FUEL MANAGEMENT
HOUSTON (August 28, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announced today that Virgin Atlantic Airways has selected the SolArc RightAngle solution to manage their jet fuel supply. [more]
SOLARC TECHNOLOGY MOVES FORWARD ON MICROSOFT .NET
HOUSTON (June 23, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announces that it will be delivering a fully integrated Enterprise Trade Management solution using the Microsoft .NET platform and technologies for it's global energy customers. [more]
PAUL BOURKE JOINS SOLARC BOARD OF DIRECTORS
HOUSTON (May 25, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announced today that Paul Bourke has accepted a seat on the company's Board of Directors.[more]
SOLARC IS SELECTED BY GULF OIL TO MANAGE FUEL SUPPLY AND MARKETING OPERATIONS
HOUSTON (May 1, 2006) - SolArc, Inc., a leading provider of enterprise supply, trading and risk management solutions for the global commodities industry, announced today that Gulf Oil Limited Partnership, one of the Northeast's largest wholesalers of refined petroleum products, has selected the SolArc RightAngle solution to manage its fuel logistics, trading and marketing operations spanning the Northeastern United States.[more]
SOLARC AND VESON NAUTICAL INTEGRATE SOLUTIONS TO CREATE MARINECENTER
HOUSTON (April 25, 2006) - SolArc, Inc., and Veson Nautical officially announced today that the two industry leaders have created a joint venture to develop MarineCenter, a functional extension to SolArc RightAngle that enables workflow and data integration of SolArc RightAngle with Veson's Integrated Maritime Operations System (IMOS). MarineCenter will provide global energy companies a new level of ability to manage their positions and vessel movement costs as hydrocarbon commodity volumes are shipped globally.[more]
SOLARC RISKCENTER OFFERS COMPLETE VIEW OF PHYSICAL AND FINANCIAL RISK EXPOSURE
HOUSTON (Feb. 28, 2006) - Building on its best-of-class capabilities in managing the physical side of energy commodity operations - deal capture, scheduling, inventory management, pricing, settlement and accounting -- SolArc, Inc., today introduced SolArc RiskCenter, a robust risk management software solution that provides the integrated front-to-back physical and financial risk management capabilities needed in today's volatile, complex markets. [more]
TYSON FOODS SELECTS SOLARC SOLUTION FOR PROCUREMENT AND RISK MANAGEMENT OF AGRICULTURAL FEEDSTOCK AND ENERGY COMMODITIES
HOUSTON (Feb. 21, 2006) - SolArc, Inc., a leading provider of supply, trading and risk management solutions for global commodities companies, announced today that Tyson Foods, Inc. (NYSE: TSN), the world's largest processor and marketer of chicken, beef, and pork, has selected SolArc RightAngle, as an additional tool to assist in its purchase, delivery and allocation of agricultural feedstock and energy commodities.[more]
SKYWEST AIRLINES SELECTS SOLARC SOLUTION FOR FUEL MANAGEMENT
HOUSTON (Feb. 7, 2006) - SolArc, Inc., a leading provider of supply, trading and risk management solutions for global commodities companies, announced today that SkyWest Inc. (NYSE: SKYW) has selected the SolArc RightAngle solution to manage their jet fuel supply.[more]
News Archive - 2005
MURPHY OIL SELECTS SOLARC SOLUTION FOR MANAGING REFINING AND MARKETING COMMERCIAL OPERATIONS
HOUSTON (Oct. 17, 2005) - SolArc, Inc., a leading provider of supply, trading and risk management solutions for global commodities companies, announced today that Murphy Oil (NYSE: MUR) has selected the SolArc RightAngle solution to manage their global petroleum supply chain.[more]
SOLARC WINS WAWA CONTRACT TO MANAGE ITS FUEL SUPPLY AND TRADING OPERATIONS
HOUSTON (June 6, 2005) - SolArc, Inc., a leading provider of enterprise supply and trade management solutions for the global energy industry, has been selected by Wawa, Inc., a leading convenience store retailer in the mid-Atlantic region of the United States, to manage Wawa's fuel supply and trading operations for its chain of convenience stores. The deal marks SolArc's first major customer in the downstream retail industry (c-stores, truck stops and gasoline retailers). [more]
SOLARC WINS CONTRACT FROM GERMAN GIANT MARQUARD & BAHLS
HOUSTON (March 21, 2005) - SolArc, Inc., a leading provider of enterprise supply and trade management solutions for the global energy industry, has been selected by Hamburg-based Marquard & Bahls to provide SolArc's supply and trade management solution, SolArc RightAngle, to multiple locations of Marquard & Bahls' oil trading subsidiary, Mabanaft. [more]
News Archive - 2004
SOLARC TAPPED BY MAJOR U.S AIRLINE FOR JET FUEL SUPPLY MANAGEMENT
HOUSTON (October 19, 2004) - Skyrocketing jet fuel prices have forced many airlines to look for new ways to control costs and increase profits. At United Airlines, the world's second-largest carrier, the company has chosen to implement a new fuel supply management system from SolArc, Inc., a leading provider of enterprise fuel supply and trade management solutions for the global energy industry.[more]
HOSTED SOLUTION FOR AVIATION FUELS MANAGEMENT DRIVES COST REDUCTIONS FOR AIRLINES
HOUSTON (October 18, 2004) - With rising jet fuel costs threatening airline profitability, there has been a pressing need for better, more affordable fuel management tools for the airline industry. To address this need, SolArc, Inc., a leading provider of enterprise fuel supply and trade management solutions for the global energy industry, and BearingPoint Inc., (NYSE:BE) one of the world's largest business consulting and systems integration firms, have formed an alliance to offer a fuels management solution for the aviation industry through the International Air Transport Association (IATA). [more]
FRONTIER AIRLINES SELECTS SOLARC FOR JET FUEL SUPPLY MANAGEMENT
TULSA (June 8, 2004) - SolArc, Inc., a leading provider of fuel supply and trade management solutions, announced today that Denver-based Frontier Airlines (NASDAQ: FRNT) has selected SolArc RightAngle for its jet fuel supply management. [more]
SOLARC ANNOUNCES NATURAL GAS SUPPLY AND RISK MANAGEMENT MODULE FOR SOLARC RIGHTANGLE
TULSA (May 18, 2004) - SolArc, Inc., a leading provider of supply and trade management solutions for global energy companies, announced today their development of a new natural gas module for its highly successful SolArc RightAngle software. The offering is being co-developed by Sprague Energy Corp., one of the East Coast's largest suppliers of home heating oil, fuels and natural gas. [more]
SOLARC ANNOUNCES NATURAL GAS SUPPLY AND RISK MANAGEMENT MODULE FOR SOLARC RIGHTANGLE
TULSA (May 4, 2004) - SolArc, Inc., a leading provider of supply and trade management solutions for global energy companies, announced today their development of a new natural gas module for its highly successful SolArc RightAngle software. The offering is being co-developed by Sprague Energy Corp., one of the East Coast's largest suppliers of home heating oil, fuels and natural gas. [more]
Every day, customers use SolArc RightAngle to plan and track billions of dollars worth of activity.