Waterfield Energy welcomes new CEO Pete Waldroop

Tulsa, OK. — June 3, 2010 — Waterfield Energy is pleased to announce the appointment of Pete Waldroop as president and CEO, effective May 17, 2010.

Waldroop is an energy expert with more than 16 years of experience in the full-system lifecycle of software, process design/analysis and project management. He has worked extensively in upstream energy, midstream energy and in the transportation and marketing sectors. His client list has included Fortune 500 energy and utility companies from across the country.

Waldroop was previously a founding partner with Capitalize Consulting, a professional consulting services firm focused on the energy, pipeline, and utilities industries. He also previously was a founder and executive vice president of Quorum Business Solutions, an energy industry software provider. Formerly, Waldroop also was a consulting manager in Accenture’s Energy Solutions Group. He earned a bachelor’s degree in electrical engineering from Oklahoma State University.

“We are extremely pleased to have Pete leading the energy software company. His deep experience in energy consulting and software are a great match for our team and product suite, and we expect Pete to grow the company significantly in coming years,” said John Marino, president of Waterfield Technologies. “The Waterfield family is committed to the growth of the energy software company, and bringing Pete to the company is just one of the many substantial investments we’ve made in this business.”

Waldroop echoed the sentiments, saying: “Waterfield Energy Software is providing an exciting opportunity for me to use my skills and background in a new way. I’m looking forward to this challenge.”

About Waterfield Energy Software
Based in Tulsa, Oklahoma, Waterfield Energy provides software to the energy upstream, midstream, and transportation markets. Its employees are a mix of experienced energy and technical development resources, brought together to create world-class software for the dynamic energy industry. For more details, please visit waterfieldenergysoftware.com.

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