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NCS Multistage Holdings, Inc. Appoints John Ravensbergen as Chief Technology Officer

HOUSTON, June 01, 2017 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (NASDAQ:NCSM) has named John Ravensbergen, P.Eng., to the position of Chief Technology Officer. He will head the company’s Corporate Technology Group, which combines Engineering, Emerging Technology, Research & Development, and Intellectual Property. The group identifies and develops new technologies and plays a key role in acquiring and integrating complementary technologies.

In making the announcement, NCS President Marty Stromquist said, “Over the past six years at NCS, John Ravensbergen has been instrumental in turning our ideas into successful commercial products. His dedication to technology is indisputable among his peer group of scientists, researchers and engineers. I have been lucky enough to work with some of our industry's top engineers, and John is truly one of the best. He is a true leader and role model in our industry.”

Ravensbergen joined NCS as Engineering Manager in 2011 and has served as Vice President of Research & Development since 2012. Prior to joining NCS, he was an Engineering Manager for Baker Hughes and for BJ Services. As a design manager in coiled tubing research and development, he has developed innovative coiled tubing processes, deployment systems, and bottomhole assemblies for underbalanced directional drilling, well cleanout, multilateral acid stimulation, and multistage hydraulic fracturing completions. Ravensbergen now has more than 27 years of experience in the oil and gas industry. He holds numerous patents and has authored many technical papers. He received a B.S. in Mechanical Engineering from the University of Calgary.

NCS Multistage Holdings, Inc. is a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. The Company provides products and services to exploration and production companies for use in horizontal wells in unconventional oil and natural gas formations throughout North America and in selected international markets, including Argentina, China and Russia. The Company’s common stock is traded on the NASDAQ Global Select Market under the symbol “NCSM.” Additional information is available on the Company’s website, www.ncsmultistage.com.

Contact: Ryan Hummer Chief Financial Officer (281) 453-2222 IR@ncsmultistage.com

Source:NCS Multistage