Idemitsu Kosan chooses Copperleaf solution to improve asset investment planning and management for its refineries

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VANCOUVER, BC, June 27, 2022 /CNW/ – Copper Foil® Technologies Inc. (TSX: CPLF) (“Copperleaf” or the “Company”) announces that its solution has been selected by Idemitsu Kosan, one of from Japan major energy producers and suppliers. The Copperleaf solution will help Idemitsu Kosan establish a more transparent and consistent AIPM (Asset Investment Planning and Management) process.

The implementation aims to streamline the capital planning process by providing a centralized platform to plan, approve and manage investments. When selecting the Copperleaf system, Idemitsu Kosan highlighted future scalability and integration with existing IT systems as key criteria for adopting an AIPM solution.

“Idemitsu Kosan is a thought leader in the extremely important and strategic petroleum sector of Japan and we are delighted that they have chosen Copperleaf as their software partner for AIPM,” said Paul Sakrzewski, President of Copperleaf. “It is an honor to be associated with Idemitsu Kosan as they explore the principles of value-based decision making to extract greater value from their investments.”

“We are delighted that Idemitsu Kosan is joining the growing community of Japanese organizations that are adopting the Copperleaf solution to support their short and long term planning,” said Hayato Osawa, Country Manager, Copperleaf Japan. “Copperleaf will enable Idemitsu Kosan to systematically select the optimal combination of investments and timing that will maximize value, mitigate risk and drive strategic business objectives. We thank Idemitsu Kosan for his trust in Copperleaf.

About Idemitsu Group

Idemitsu Kosan Co., Ltd. is part of from Japan major energy producers and suppliers. Our global operations, covering 67 business bases in 20 countries and regions outside of Japanencompass fuel oils, lubricants, asphalt, oil and gas development, renewable energy, coal and low carbon solutions, petrochemicals, electronic materials and agro-bio products.

For more information on the Idemitsu Group, see:

https://www.idemitsu.com/en/index.html

About Copperleaf

Copperleaf (TSX: CPLF) provides enterprise business intelligence software solutions to companies that manage critical infrastructure. We leverage operational and financial data to enable our clients to make investment decisions that deliver the greatest business value. What sets us apart is our commitment to delivering extraordinary experiences, shaped by people who care deeply about us, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of the Institute of Asset Management and is actively involved in shaping the future of asset management standards, including ISO 55000. Vancouver, Canada, our solutions are distributed and supported by regional staff and our partners worldwide. Together, we are transforming the way the world perceives value.

SOURCE Copperleaf Technologies Inc. CPLF-IR

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