July 2, 2018
For Immediate Release
385 Oxford Valley Road
Yardley, PA 19067
Yardley, PA – July 1, 2018 – Opvantek, a leading provider of risk management software for the utility industry, is proud to announce that they have moved their corporate headquarters to a new location in Yardley, Pennsylvania. The company’s workforce of software development professionals grew by 40% over the past 2 years. According to Andy Benedict, President and Founder, “We’ve enjoyed our location in historic downtown Newtown for the past 15 years, but we were running out of space. The new location will provide room for the company to continue to grow in a professional office park environment. The new space will also allow us to organize our project teams more effectively, with flexible open workspaces to support daily collaboration within each team.”
Opvantek is a leading provider of software solutions for gas, electric, and telecommunications utilities. The company’s current products include Optimain® IM – a web-based, cloud-deployable risk assessment and risk mitigation planning tool based on true probabilistic assessment of the probability and consequences of failure to natural gas delivery systems (storage well to burner tip); and Optimain® xDR – for assessing the probability and consequences of excavation damage associated with 811 tickets. Opvantek’s products are used to assess risk on over 25% of the natural gas distribution pipes and over 2 million underground utility locate requests per year in the United States.