Legacy Reserves Insource Critical Back Office Systems with WellPoint Systems

WellPoint Systems Inc., (TSX-V:WPS), provider of software and solutions designed to transform complex data into actionable business insight for oil and gas industry executives, was recently chosen as the provider of back-office IT solutions for Midland, Texas-based Legacy Reserves, LP.

“As our operations grew, we needed better control over mission critical business functions. We were looking for real-time access to information for management reporting, mitigation of risk and a solution that could scale with us,” said Steven H. Pruett, president and CFO of Legacy Reserves. “By moving from an outsourced service to implementing BOLO by WellPoint companywide, we expect to see significant increases in productivity and efficiency throughout our organization and secure a platform for growth into the future.”

Legacy Resources is a recognized leader in providing stability and growth in distributions to their investors through successful drilling and acquisitions. In the early years of its formation, Legacy outsourced their back office accounting functions to enable growth and maintain a low level of overhead. As the company continued to execute their business strategy of generating stable cash flows, they needed to evolve their management of the back office.

“Working with clients such as Legacy Reserves, operational and managerial efficiencies are critical to their success. Additionally, their continued focus on drilling and acquisitions creates the need to offer business insight into core operational metrics. Recognizing this, WellPoint created solutions to integrate all back office departments, and enable easy access to crucial data needed for decision making,” said Richard Slack, president and CEO of WellPoint Systems. “We are thrilled to bring the unique capabilities and efficiencies found in our BOLO solution to Legacy, and look forward to working with them as they continue to aggressively grow their company.”

About WellPoint Systems Inc.

WellPoint Systems delivers software solutions and services that transform complex data into Business Insight for more than 450 companies in 60 countries worldwide. WellPoint Systems is recognized as a leader in providing Financial, Energy Marketing and Trading solutions to the Oil and Gas industry with its award winning BOLO, IDEAS, Energy Financial Management and Energy Broker products. The company also serves asset intensive industries including aerospace/aviation, process manufacturing, mining, the public sector and fleets with its DAXEAM Asset Maintenance solutions. Calgary-based WellPoint Systems is publicly traded on the TSX Venture Exchange under the symbol WPS. For more information, visit www.wellpointsystems.com

About Legacy Reserves LP

Legacy Reserves LP is an independent oil and natural gas limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-continent and Rocky Mountain regions of the United States. Additional information is available at www.LegacyLP.com.

Contacts:

for WellPoint Systems Inc.
Lee Ann Fleming, 303-594-1750
leeann.fleming@yahoo.com

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