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Geomodeling Launches New Website

June 28, 2006

(Calgary, Canada - June 19, 2006) - Geomodeling Technology Corp., a leading innovator in geoscience software for the oil and gas industry, today announced it has just released its new website, designed to highlight the critical elements of the company's software and its business.

Added to the new look and feel are the following highlighted changes:

Products and Solutions
The Products section takes you through each of Geomodeling's software capabilities and benefits. Users will profit from the workflows highlighted as well as the extensive sections of articles and papers that provide examples of software use and success. The Solutions section highlights problem areas that our software provides excellent function and analysis for.

Virtual Demos
The virtual demos allow those browsing the site to see Geomodeling's software in action. Under each product, in the workflow section, we have added a virtual demo to enable users to view various stages of the workflow process. Each demo reflects key software capabilities and with the click of a button, a short demo shows how the software can impact daily work.

Experience our Training
Geomodeling's training program reinforces the company's commitment to support its customers and software with the highest attention. The courses are focused to allow participants to gain the extra know-how out of the software program and to save time and to deliver the results software users are looking for.

Channel Partner Program
Geomodeling has just launched its Channel Partner Program designed to provide Geomodeling Partners with the tools required to be successful in selling Geomodeling software solutions in the global arena. Those interested in selling Geomodeling software can browse the section and send Geomodeling your contact information. We are currently looking for partners in many parts of the globe.

Geomodeling's new website is designed for ease of use and to deliver easy access to all its company and product knowledge. Any comments can be directed to: jordanna.fraser@geomodeling.com.

About Geomodeling
Geomodeling Technology Corp. is the leading innovator in geoscience software for the oil and gas industry. Geomodeling enables petroleum companies to maximize revenue and reduce costs with software solutions for improved reservoir characterization and recovery. Founded in 1996, Geomodeling has offices and resource centers in Brazil, Canada, China, Malaysia, Mexico, Norway, USA and Venezuela. Find us on the web at www.geomodeling.com