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 1 & 2 marks a first successes in the Drilling segments.

For further information please contact:

Mr. Rune Martini, CEO of Simtronics ASA
Phone +47 48 07 80 80

Mr. Berkan Gürün, Sales Director, Extinguishing & Fire Prevention Solutions
Phone +47 908 30 107

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.