REDMOND, WA, August 22, 2022 — Pattern Computer®, Inc. (PCI) is pleased to announce it is partnering with a world leader in the Oil and Gas services industry, adding a new sector to PCI’s strong base in other industries. The firms have agreed to employ PCI’s discovery as a service (DaaS) offering, under the “Powered by Pattern” program, to explore opportunities and insights related to operational systems.
“Through a prior study of global warming done under the auspices of the CTO Design Challenge at the FiRe Conference, CTOs and scientists convinced expert judges from CalTech and other universities that the solution set would occur not in one phase, but in two. While buildout of renewables will go on throughout both periods, the first phase of about 20 years will include a massive replacement of coal-fired energy plants with natural gas. Of course, Russia’s current war in Ukraine, matched by its cutoff of natural gas to the EU, only accentuates the need for such work. And the same is true for China’s shutdown of discussions regarding global warming with the West. To that end, we are excited and proud to be able to assist in this process of getting off coal altogether,” said Mark R. Anderson, Pattern Computer’s Chairman & CEO.
“As the world’s energy transition from fossil fuels to renewable energy continues, the ability to see previously undetected patterns in large energy service companies’ data bases is becoming more important. The energy transition will benefit from Pattern Computer’s “Pattern Discovery Engine” ability to help energy service companies be more economic and efficient in Phase One of the energy transition.” Randy Foutch, international energy consultant and serial entrepreneur.
About Pattern Computer
Pattern Computer uses its proprietary Pattern Discovery Engine™ to solve the most important and most intractable problems in business and medicine. Its proprietary mathematical techniques can find complex patterns in very-high-order data that have eluded detection by other, much larger systems.
While the company is currently applying its computational platform to the challenging fields of drug discovery and treatments for the top five killer cancers, it is also making pattern discoveries for partners in several other sectors, including additional biomedical research, materials science, aerospace manufacturing, veterinary medicine, air traffic operations, and finance. PCI has just announced the world’s first Explainable AI (XAI) for neural networks, and is the proud inventor of the ProSpectralTM device, the world’s most advanced Covid detection system.
CONTACT: Brad Holtz – 301.529.9944 – bh@patterncomputer.com
The foregoing contains statements about the Pattern Computer’s future that are not statements of historical fact. These statements are “forward looking statements” for purposes of applicable securities laws and are based on current information and/or management’s good faith belief as to future events. The words “believe,” “expect,” “anticipate,” “project,” “should,” “could,” “will,” and similar expressions signify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance. By their nature, forward-looking statements involve inherent risk and uncertainties, which change over time, and actual performance could differ materially from that anticipated by any forward-looking statements. Pattern Computer undertakes no obligation to update or revise any forward-looking statement.
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