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Scarce Resources: The Oil & Gas Industry Fighting a Two-Front Battle

The run up in oil prices from 2005-2007 that saw gasoline prices in excess of $4 also propelled strong recruiting programs from operators, service companies and tool manufacturers.  The rapid hiring pace and attractive compensation packages aimed to offset the effects of what the oil & gas industry calls the great “crew change.”  This refers to the pending mass retirement of thousands of the energy sector’s most crucial experts and the lack of a qualified generation of new recruits to replenish the ranks.  

Reality Mobile Announces Key Hires, Continues to Expand Oil & Gas Footprint

Reality Mobile is pleased to announce two key additions to its management team.  Robert (Bob) Blair is joining us as CFO and Senior Vice President, Operations and Mike Odell is our new Vice President, Global Energy Markets.  Both have rich backgrounds in technology and we are very excited to have them on board.

Reality Mobile welcomes Chevron Technology Ventures, Dobson and Energy Ventures as new investors

We are very pleased to welcome Chevron Technology Ventures, the Dobson Partnership and Energy Ventures as investors and strategic partners in our business. Together, they have invested $6.5 million to help us accelerate the delivery of our enterprise-class RealityVision platform to global enterprises and government organizations requiring instant mobile collaboration capabilities.

A Better Reality: The Release of RealityVision 2.5

April 20, 2009 was a huge day on the product front at Reality Mobile. We announced a major version update to RealityVision, our flagship platform (press release).

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