PHX Energy Services Corp. and RMS Systems Inc. Jointly Announce Completion of Plan of Arrangement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION
OF U.S. SECURITIES LAW. 


PHX Energy Services Corp. ("PHX" or "the Corporation") (TSX:PHX) and RMS Systems
Inc. ("RMS") (TSX VENTURE:RMS) are pleased to jointly announce the successful
completion of the acquisition by PHX of all of the outstanding common shares
("RMS Shares") of RMS not already owned by PHX pursuant to the previously
announced plan of arrangement under the Business Corporations Act (Alberta) (the
"Arrangement"). 


Pursuant to the Arrangement, the previous holders of RMS Shares are entitled to
receive 0.037209 of a common share of PHX ("PHX Shares") for each RMS Share
held. PHX issued an aggregate of 1,772,700 PHX Shares in connection with the
Arrangement and, immediately following completion of the Arrangement, there are
approximately 34.1 million PHX Shares issued and outstanding.


Letters of transmittal have been forwarded to shareholders of RMS to be utilized
in order to exchange their RMS Shares for PHX Shares.


With the completion of the Arrangement, the RMS Shares are expected to be
delisted from trading on the TSX Venture Exchange on or about the close of
business on December 2, 2013. RMS will apply to cease to be a reporting issuer
under the securities laws of each of the provinces of Canada in which it is
currently a reporting issuer.


Details of the Arrangement are contained in the management information circular
of RMS dated October 28, 2013, which can be found at www.sedar.com. 


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE ENXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
PHX Energy Services Corp.
John Hooks
President and Chief Executive Officer
[phone]


PHX Energy Services Corp.
Cameron Ritchie
Senior Vice President, Finance and Chief Financial Officer
[phone]
www.phxtech.com