Roxar Launches RMS2009™

Stavanger, Norway, 9 February 2009. Roxar ASA (Oslo Børs: ROX), a technology solutions provider to the upstream oil and gas industry, today announced the release of RMS2009™, a completely redesigned version of its industry leading reservoir modelling solution IRAP RMS™.

RMS2009™ provides users with a brand new and modernised user interface which resembles familiar, everyday software applications. The new user interface has further increased the usability of IRAP RMS™ and, as a result, dramatically reduced the learning curve for new users of the software. The local update functionality is based upon new data or interpretations, in contrast to traditional methods which would involve a re-running of all or part of the model.

Said Roxar CEO, Gunnar Hviding on the RMS2009™ launch:

“Reservoir models are perhaps the most important decision making tool in the oil & gas industry. Based on the results generated, operators get vital information about the oil in place and how the oil can be produced. This lays the foundation for the entire development of a field.
At a time when the industry is faced with challenges where developments have become more marginal, better decision-making over the allocation of capital and resources has never been more important and the timing of the Roxar RMS2009™ launch could not have been better aligned with the industry’s needs.”

Visit http://www.roxar.com/news for the complete press release.

For further information, please contact

Hege Forus, Investor Relations Manager Roxar
Tel: +47 99 24 11 09
Email: hege.forus@roxar.com

Ana Fonseca Nordang, Marketing Manager Roxar Software Solutions
Tel: +47 46 69 56 35
Email: anafonseca.nordang@roxar.com