01-06-04P2 Energy Services announces it acquired 75 year-old Tobin International; Axiomate Provides Due Diligence and Financial Advisory Contacts: Axiomate Dan Ward (303) 370-0002 dward@axiomate.com P2 Energy Solutions, Inc. Lori Bennett (303) 906-4785 lbennett@p2es.com Houston - January 6, 2004 - P2 Energy Solutions, Inc. (P2ES) announces that Tobin International, Inc. (Tobin) has merged with P2 Energy Solutions, creating the oil and gas sector's largest owner and provider of enterprise software and services, mapping data and storage systems. Tobin International is now a wholly owned subsidiary of P2ES. The combination will provide the energy industry with the most comprehensive team of technical and functional software experts. With approximately 500 employees located in offices in Houston, San Antonio, Dallas/Fort Worth, Denver and Calgary, P2ES serves the oil and gas industry's financial, operational, and data management needs. P2ES customer base includes over 500 software and data clients ranging from private independents to super independents and major oil companies. P2ES is focused on the development and support of technology solutions and data management to meet the business process and back office needs of the energy industry, enabling its clients to achieve greater productivity while maintaining effective controls. P2ES now owns, offers, and fully supports products that integrate with applications from Oracle, SAP, PeopleSoft/J.D. Edwards, and IBM, the leading providers of enterprise solutions and relational databases. * * * * Axiomate planned and coordinated P2 Energy Solutions' due diligence effort, as well as provided other financial advisory and support services to help facilitate this transaction. * * * * About Tobin International, Inc. Tobin International is recognized as the leading provider of geo-business information systems utilizing map data and decision support software as well as installation and integration services. Over the past 75 years, Tobin has transformed geo-business information management from a paper-based process to a comprehensive system integrating digital maps, tabular databases, satellite imagery, document management and work flow. Tobin supports a wide variety of professionals responsible for managing location-based assets and related information in the energy, utility, and pipeline industries and government sector. For more information, please access www.tobin.com. About P2 Energy Solutions, Inc. P2 Energy Solutions offers scalable, integrated back-office applications that are deployed at more than 210 companies. P2ES has a 24-year history in the business and has a seasoned development and consulting staff of industry experts with a proven track record of delivering cost-effective solutions to the industry's most challenging business, information technology, and systems integration issues. P2ES is a subsidiary of Petroleum Place, a private company that also owns The Oil & Gas Asset Clearinghouse, the premier oil and gas property auction service, and Petroleum Place Energy Advisors, a leading divestiture and acquisition advisor. Additional information may be accessed at www.p2es.com and www.petroleumplace.com. About Axiomate Axiomate is an International Corporate Investigation and Due Diligence Organization serving Business Owners, Investors, Entrepreneurs and Bankers. The company offers a series of services to facilitate the investment, acquisition, or sale of a business. These services include Due Diligence, Business Infrastructure Assessment, Business Valuation, Plan Analysis and similar advisement services. Axiomate helps the investor or business buyer understand the strengths, weaknesses, opportunities and threats (SWOT) of a given business to ensure all business issues are known at the time of purchase and that the buy is made at the right price. What's New Archive 12-07-04Lorman Presentation 08-19-04Presentations from Lorman Seminar 07-12-04Axiomate / Lorman Seminar 08.19.04 is Filling Up 07-09-04Axiomate Available for Seminars and Training 05-10-04Axiomate to Host Lorman Seminar 04-02-04Axiomate / Rockies Venture Club Host Seminar 04-01-04Financial Statement Analysis Power Point 03-02-04Axiomate / Rockies Venture Club Women's Seminar 02-23-04White Papers 01-21-04Axiomate Announces Re-Launch of Website 01-06-04P2 Energy Services announces it acquired 75 year-old Tobin International; Axiomate Provides Due Diligence and Financial Advisory