News & Videos - COMPUTER MODELLING GRP

CALGARY, Alberta, May 22, 2025 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months and year ended March 31, 2025, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the fourth quarter ended March 31, 2025. FOURTH QUARTER 2025 CONSOLIDATED HIGHLIGHTS Select financial highlights Total revenue increased by 4% (13% Organic decline (1) and...

CALGARY, Alberta, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three and nine months ended December 31, 2024, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the third quarter ended December 31, 2024. THIRD QUARTER 2025 CONSOLIDATED HIGHLIGHTS As a result of CMG Group’s acquisition of Sharp Reflections GmbH (“SR” or...

CALGARY, Alberta, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that it will participate in the upcoming 27 th Annual Needham Growth Conference, which is being held in New York, NY, on January 14 th – 17 th , 2025. Pramod Jain, Chief Executive Officer, will host one-on-one meetings at the conference and will be presenting on Tuesday, January 14 th , 2025 at 4:30 pm EDT. A live webcast and replay of the...

CALGARY, Alberta, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) today announces the appointment of Herman Nieuwoudt as President of Bluware, a CMG company. “I am extremely pleased to welcome Herman Nieuwoudt as President of Bluware,” said Pramod Jain, chief executive officer of CMG. "He has a proven track record of driving transformative growth, building strong performance cultures, and aligning teams. His passion for delivering...

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce the acquisition by a wholly-owned subsidiary of CMG of all of the shares of Sharp Reflections GmbH (“Sharp”), a seismic processing and interpretation platform for geophysicists and quantitative interpreters. Sharp has been a pioneer in leveraging high-performance computing in the cloud, setting a new standard on how to effectively handle massive...

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three and six months ended September 30, 2024, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the second quarter ended September 30, 2024. SECOND QUARTER 2025 CONSOLIDATED HIGHLIGHTS Select financial highlights for the three months ended September 30, 2024...

CALGARY, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) today announced it is collaborating with NVIDIA to further develop and optimize CMG subsurface simulation solutions for increased speed, performance, and energy efficiency. CMG is continuing the evolution of its simulation solutions to fully leverage the potential of NVIDIA’s full-stack accelerated computing platform, including NVIDIA H100 Tensor Core GPUs, NVIDIA GH200...

CALGARY, Alberta, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is announcing the launch of Focus CCS, a purpose-driven simulation tool designed to accelerate the preliminary selection and validation process for CO 2 storage sites. With its intuitive interface and guided workflows, Focus CCS enables engineers to quickly and accurately evaluate risks, predict safe CO 2 storage capacities, and expedite the process leading up to...

CALGARY, Alberta, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) announces that, at its annual meeting of shareholders held earlier today, all the nominees listed in its Management Information Circular dated July 26, 2024, were elected as directors of CMG. The detailed results of the votes are set out below. Voted For % For Votes Withheld % Withheld CHRISTINE (TINA) M. ANTONY 53,840,356 99.714% 154,482 0.286% ALEXANDER M. DAVERN 53,961,124...

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months ended June 30, 2024, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the first quarter ended June 30, 2024. FIRST QUARTER 2025 CONSOLIDATED HIGHLIGHTS Select financial highlights Generated total revenue of $30.5 million in the first quarter of...

CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that its comprehensive carbon capture and storage (CCS) solution has been selected by Sval Energi AS to support the Trudvang project, located in the Norwegian North Sea. The Trudvang project involves capturing CO 2 from several industrial emission sources in Northern Europe and transporting it, either via ships or pipeline, to the Trudvang store for...

CALGARY, Alberta, July 30, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that it will participate in the upcoming Canaccord Genuity 44ᵗʰ Annual Growth Conference, which is being held in Boston, MA, on August 13ᵗʰ and 14ᵗʰ, 2024. Pramod Jain, Chief Executive Officer, and Sandra Balic, Chief Financial Officer, will host one-on-one meetings at the conference and will be presenting on August 14ᵗʰ, 2024, at 12:00...

Supporting the Energy Transition with a Critical Advancement in the Process of Managing Successful CO 2 Injection for Carbon Storage CALGARY, Alberta, June 25, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Kongsberg Digital and CMG have launched CO2LINK, a transformative simulator coupling that streamlines CO 2 injection and storage processes. Spearheaded by industry software leaders CMG and Kongsberg Digital, the...

CALGARY, Alberta, May 28, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce the appointment of Dave Montana to a newly created position of VP, Global Sales. David Hicks, currently VP, Eastern Hemisphere, will step down as executive officer effective June 28, 2024, and will continue in an advisory capacity until his retirement on December 31, 2024. “Dave Montana is a dynamic global sales leader with experience in both the...

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three months and year ended March 31, 2024. As a result of CMG Group’s acquisition of BHV on September 25, 2023, the Company’s operations are now organized into two reportable operating segments represented by CMG; the development and licensing of reservoir simulation software, and BHV; the development and licensing of seismic...

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive...

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Computer Modelling Group Ltd. (“ CMG ” or the “ Company ”) (TSX:CMG) announces a dividend of $0.05 per Common Share on CMG’s Common Shares. The dividend will be paid on June 14, 2024, to shareholders of record at the close of business on June 6, 2024. About CMG Computer Modelling Group Ltd. (TSX:CMG) is a global software and consulting company that combines science and technology with deep industry expertise...

CALGARY, Alberta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three and nine months ended December 31, 2023. CMG Group and its subsidiaries include the following; Computer Modelling Group Inc., CMG Middle East FZ LLC, CMGL Services Corporation Inc., CMG Europe Ltd., and CMG Collaboration Centre India Private Ltd., (together referred to as “CMG”), and CMG Holdings (USA) Inc., Bluware-Headwave...

CALGARY, Alberta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Computer Modelling Group Ltd. (“CMG Group” or the “Company”) (TSX: CMG) announces a dividend of $0.05 per Common Share on CMG Group’s Common Shares. The dividend will be paid on March 15, 2024 to shareholders of record at the close of business on March 7, 2024. About CMG Group CMG Group (TSX:CMG) is a global software and consulting company that combines science and technology with deep industry expertise to...

CALGARY, Alberta, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) announces its financial results for the three and six months ended September 30, 2023. Second Quarter Fiscal 2024 (“Q2 2024”) Overview Key Financial Metrics For the Three Months Ended For the Six Months Ended September 30, 2023 and compared to the same period of the previous fiscal year, when appropriate: Annuity/maintenance license revenue increased by 19%; Annuity/maintenance...