OPIS Launches "iGas" iPhone App to Help Consumers Shop for Fuel

* Reuters is not responsible for the content in this press release.

Wed Aug 27, 2008 8:30am EDT 

GAITHERSBURG, Md.--(Business Wire)--
Oil Price Information Service (OPIS), the nation's leading
supplier of retail gasoline and diesel fuel pricing information, has
launched an innovative new service on the iPhone that will help
millions of users shop for the cheapest fuel.

   "The iPhone changes the game for consumers when shopping for the
best prices on goods and services. The immediacy of being able to use
the iPhone to perform targeted internet queries anywhere allows people
to optimize their purchasing dollar," said Michael Sinsky, CIO, OPIS.

   Users needing to fill-up simply touch the iGas icon on their
iPhone and the phone's GPS system locates their position and returns
the 10 cheapest fueling stations in the area. The actual prices are
displayed in low-to-high order, along with the brand and address.

   "This is a perfect marriage between data and technology that will
allow consumers to gain more control over their fueling costs," said
Fred Rozell, Director of Retail Pricing for OPIS.

   If a customer is planning on filling-up in another location, they
have the option of entering in a zip code and the phone will return
the 10 cheapest fueling stations in that particular area.

   Customers have the option to pre-select their fuel search
criteria: Regular Unleaded Gasoline, Premium Unleaded or Diesel.

   OPIS is updating the iGas application to allow users to map to the
station of their choice. The update will be released within the next
10 days, Rozell says.

   With fueling costs at historically high levels, it is expected
that iGas will be a popular download on the App Store, Rozell said.

   About OPIS

   Oil Price Information Service (OPIS) is the world's most
comprehensive source for petroleum pricing and news information. In
cooperation with fleet card provider Wright Express and direct feeds
from leading C-stores and oil companies, OPIS receives daily retail
gasoline and diesel prices for more than 125,000 retail outlets in the
U.S. and Canada. OPIS provides these prices to dozens of leading
websites and navigation devices. OPIS also collects 70,000 daily
wholesale and spot prices for gasoline, diesel, ethanol,
biodiesel, LP-gas, jet fuel, propane, feedstocks, resid and
kerosene. For more information call 888-301-2645 or visit
www.opisnet.com.

Oil Price Information Service (OPIS)
Fred Rozell, 732-730-2568
Director, Retail Pricing
frozell@opisnet.com
or
Mike Sinsky, 301-287-2373
CIO
msinsky@opisnet.com

Copyright Business Wire 2008
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