ORDER IN HAND – SIMTRONICS TO DELIVER NITROGEN SYSTEMS IN SINGAPORE AND TURKEY

Simtronics ASA has through its subsidiary, Water Mist Engineering AS, received orders for delivery of a Nitrogen System to one FPSO project in Singapore and one Nitrogen Generator to a Chemical Tanker project in Turkey. The order to Turkey includes an option of one more system. The total value of these orders are in excess of NOK 6,0 million and deliveries will take place during Q3 and Q4 2010. Water Mist Engineering AS has recently focused on offering Nitrogen Systems including oil free compressors. The order from Singapore marks a first success in this segment. For further information please contact: S. Berkan Gurun, Sales Director, Water Mist Engineering AS Phone +47 90 83 01 07 Rune Martini, CEO, Simtronics ASA Phone +47 48 07 80 80 Homepage: www.simtronics.eu Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products, solutions and systems are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.

Tags: