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SIMTRONICS ASA ANNOUNCES ADDITIONAL FUNDING AGREEMENT WITH AUTRONICA FIRE AND SECURITY AS

Simtronics ASA announced today that it has signed an agreement for a Short term credit facility of NOK 50 million with Autronica Fire and Security AS. The financing is an additional funding to the NOK 28 million bridge loans that has been announced previously. The loan shall be used for financing present and future working capital requirements of the company. The loan, together with accrued interest and fees shall be repaid on 31 December 2011 or at such earlier date as Autronica may notify to Simtronics.   For further information, please contact:Rune Martini, CEO, Simtronics ASA

REGISTERED SHARE CAPITAL INCREASE

Reference is made the announcement by Autronica Fire and Secutity AS ("Autronica") 3 May 2011 regarding conversion of the convertible loan previously issued by Autronica to Simtronics ASA. The new share capital following conversion has now been registered in the Norwegian Register of Business Enterprises. The share capital following the capital increase is NOK 15,658,611.82, divided on 107,134,563 shares, each with a nominal value of NOK 0.146158358. 5 May 2011 Simtronics ASA

Simtronics to deliver Nitrogen Systems to Alvarado Shipping Limited

Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of Nitrogen Systems to Alvarado Shipping Limited in Turkey. The order is for a retrofit chemical tanker project with option of two new building projects. The total value of the order is in excess of NOK 2,7 million and delivery of the fist system will take place during Q3 2011. For further information please contact:Mr. Rune Martini, CEO of Simtronics ASAPhone +47 48 07 80 80Mr. Berkan Gürün, Sales Director, Extinguishing & Fire Prevention SolutionsPhone +47 908 30 107www.

SIMTRONICS ASA ANNOUNCES ADDITIONAL FUNDING AGREEMENT WITH AUTRONICA FIRE AND SECURITY AS

Simtronics ASA announced today that it has signed an agreement for bridge funding of NOK 10 million with Autronica Fire and Security AS. The bridge funding is an additional funding to the NOK 18 million bridge loan that was announced 3rd August last year. The loan shall be used for financing present and future working capital requirements of the company. The loan, together with accrued interest and fees shall be repaid on 30 September 2011 or at such earlier date as Autronica may notify to Simtronics. For further information, please contact: Rune Martini, CEO, Simtronics ASA

New Order in hand – Simtronics to deliver Gas Detectors to a North Sea project

Simtronics ASA has today received an order for delivery of Infrared Gas Detectors to one of the major offshore projects in the British sector. Deliveries of the order valued to NOK 2.8mil will take place during 2nd and 3rd quarter of 2011 This order clearly reaffirms Simtronics strong position in the North Sea. For further information please contact: Mr Rune Martini, CEO of Simtronics ASAPhone +47 48 07 80 80 Mr Eliot Sizeland, Sales DirectorPhone +934 32 918www.simtronics.eu

SIMTRONICS - NEW CONTRACT AWARD

"ADT Fire & Security", one of the world's leading companies within fire and security systems, has today placed an order with Simtronics for delivery of infrared gas and IR flame detectors. The devices will be used on a FPSO to be deployed offshore Brazil, this is the second such order this year from ADT. The order has a value in excess of NOK 3,1 million with delivery taking place during Q2 2011. The order is another confirmation of Simtronics position as a supplier of both gas and flame detection products to the global FPSO market segment." For further information please contact:

SIMTRONICS TO DELIVER NITROGEN SYSTEMS TO ULSTEIN VERFT AS

Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of Nitrogen Systems to Ulstein shipyard’s offshore supply vessel projects, hull numbers 10291 & 10294 in Norway.  The total value of these orders are in excess of NOK 2,0 million and deliveries will take place during Q3 & Q4 2011. For further information please contact:Mr. Rune Martini, CEO of Simtronics ASAPhone +47 48 07 80 80Mr. Berkan Gürün, Sales Director, Extinguishing & Fire Prevention SolutionsPhone +47 90 83 01 07www.simtronics.eu

SIMTRONICS TO DELIVER NITROGEN SYSTEMS TO ODFJELL DRILLING

Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of Nitrogen Systems to Odfjell Drilling’s projects Deepsea Metro 1 & Deepsea Metro 2 at Hyundai Shipyard Korea. The total value of these orders are in excess of NOK 2,2 million and deliveries will take place during Q3 2011.Water Mist Engineering AS has recently focused on offering Nitrogen Systems including feed air and booster compressors as well as nitrogen bottles to the drilling rigs and drilling ships. The orders from Odfjell Drilling for Deepsea Stavanger in 2010 and now Deepsea Metro

SIMTRONICS - NEW ORDER IN HAND

Simtronics ASA has today received a second order for the same project notified last week for a substantial number of laser based Hydrogen Sulphide (H2S) gas detectors for a processing plant in the Middle East. The order is in excess of NOK 2,6 million and shall be delivered in Q3 of 2011. This order is by far the largest one received for Simtronics' new laser based toxic gas detector, the GD1. It represents a major break-through not only for the product, but also for the technology used in the product. The successful development of the GD1 places Simtronics in the forefront of world gas

SIMTRONICS - NEW ORDER IN HAND

Simtronics ASA has today received an order for a substantial number of laser based Hydrogen Sulfide (H2S) gas detectors for a processing plant in the Middle East.  The order amounts to close to EUR 600 000 and shall be delivered in Q4 of 2011.This order is by far the largest one received for Simtronics' new laser based toxic gas detector, the GD1. It represents a major break-through not only for the product, but also for the technology used in the product. The successful development of the GD1 places Simtronics in the forefront of world gas detection companies with regards to market based

VOLUNTARY CASH OFFER FOR ALL SHARES OF SIMTRONICS ASA

Simtronics ASA ("Simtronics", OSE: SIMTRO) today announced that Autronica Fire and Security AS ("Autronica"), a subsidiary of UTC Fire & Security, has agreed to put forward a voluntary cash offer for all issued shares of Simtronics not already held by Autronica. The NOK 1.90 per share offer is supported by Simtronics’ Board of Directors, who have entered into a Transaction Agreement with Autronica, setting out the terms and conditions for the offer. The cash payment of NOK 1.90 per share values the total issued share capital of Simtronics at approximately NOK 132 million. The offer

SIMTRONICS - CONTRACT EXTENSION - FPSO CONTRACT IN THE NETHERLANDS

Further to the press release dated 13th January announcing an FPSO contract in hand for the supply of flame and gas detection products we are pleased to announce a contract extension of 1.1 MNOK.  The total purchase order is now valued in excess of 5.7 MNOK.  Delivery will take place during Q2 2011. This extension is further confirmation of Simtronics position as a supplier of both gas and flame detection products to the global FPSO market segment. For further information please contact: Mr Rune Martini, CEO of Simtronics ASAPhone +47 48 07 80 80 Eliot Sizeland, Sales Director,

SIMTRONICS - ORDER IN HAND – FIRE FIGHTING PRODUCTS

Simtronics Fire & Gas (S) Pte. Ltd., a subsidiary of Simtronics ASA, has been awarded two contracts with the Chinese shipyard Yantai CIMC Raffles Offshore Ltd. for delivering of fire fighting systems. Total value of the contracts is estimated to be in excess of MNOK 3.1. Delivery will be Q1 and Q2 2011. For further information, please contact: Rune Martini, CEO Simtronics ASAPhone +47 48 07 80 80 Jon A. Lofthus, General Manager Simtronics Fire & Gas (S) Pte., Ltd.Phone +65 81 81 48 84

SIMTRONICS - ORDER IN HAND – GAS DETECTION PRODUCTS

Simtronics ASA has through its French subsidiary signed a Frame agreement with Lyondellbasell for the supply of catalytic and infrared gas detectors. The initial orders have a value in excess of MNOK 1.8, this figure is expected to double within two years.  For further information please contact: Mr Rune Martini, CEO of Simtronics ASAPhone +47 48 07 80 80 Eliot Sizeland, Sales Director Detection SystemsPhone +47 934 32 918

SIMTRONICS - ORDER IN HAND - FPSO CONTRACT IN THE NETHERLANDS

ADT Fire & Security, one of the world’s leading companies within fire and security systems, has today placed an order with Simtronics for delivery of infrared gas detectors, IR flame detectors and our largest order for the GD1 laser based open path H2S detectors. The devices will be used on a FPSO to be deployed offshore Brazil. The order has a value in excess of NOK 4,6 million with delivery taking place during Q2 2011. The order is another confirmation of Simtronics position as a supplier of both gas and flame detection products to the global FPSO market segment. For further

ORDER IN HAND - GAS DETECTORS FOR THE EUROPEAN MARKET

Simtronics ASA has received an order worth close to NOK 2,1 million for delivery of GD 10PE gas detectors to the European market. This is the largest single order ever received for this type of gas detectors, which is a modified version of the normal infrared gas detector, the GD 10P. The GD 10PE is particularly suited for gas turbine air intakes and HVAC applications where fast and reliable detection of low gas concentrations is required. Delivery will take place in first quarter of 2011. For further information, please contact:Rune Martini, CEO, Simtronics ASAPhone +47 48 07 80

SIMTRONICS TO DELIVER GAS ANALYZERS AND GAS DETECTORS FOR SUBMARINES.

Simtronics Group has through its French subsidiary signed a Frame agreement with DCNS in France for delivery of gas analyzers and gas detectors for submarines.  This Frame agreement is the confirmation of the expected contract which was announced in August in connection with the first order of NOK 2,4 million for generic studies. The duration of the Frame agreement will be three years, renewable.  In average, submarines have a 33 years life expectancy and accordingly the agreement will be renewed during this period. For the first three year period, the contract value represents

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