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FPSO ORDER CONFIRMATION

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SIMTRONICS ASA confirms that the Letter of Intent (LOI) announced 12.08.2008 is confirmed with an order from BP Norway for the offshore project FPSO Skarv Idun.

The scope is design, engineering and production of offshore field equipment.

The order is in excess of NOK 7 million.

The work will be executed by the SIMTRONICS subsidiary Water Mist Engineering AS.

This order confirms SIMTRONICS strong focus on the offshore markets like FPSO.


For further information, please contact:

Rune Martini, CEO Simtronics Group
Telephone (+47) 48 07 80 80

Kjetil Sivertsen, Managing Director Water Mist Engineering AS
Telephone (+47) 91 37 75 25

Homepage: www.simtronics.eu

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