True Heading awarded new order from Lockheed Martin

True Heading has received a new major order from the world's largest defense group Lockheed Martin.

True Heading received in 2014 an initial order of our special AIS- receivers worth over a quarter of a million SEK. The products are used in a broader program for the US Navy called BLQ-10. We can now announce that they again ordered for a quarter of a million SEK and the products has already been shipped. As previously announced, the project has potential for further orders of a large number of units in the next 2-3 years with the goal to get the system onboard a large number of all US Navy all ships.

- There is already a new request on the same amount of devices which we anticipate orders and delivery for within the next 2-3 months, says CEO Jens Johansson.

For more information:

Anders Bergström, True Heading AB, E-mail: anders.bergstrom@trueheading.se

Tel. +46 8 6222660, fax. +46 8 54593910

True Heading AB (publ), listed on the small cap exchange Aktietorget, owns the brands Seapilot and True Heading.

True Heading is today a world leader in AIS (Automatic Identification System) and navigation. AIS is a natural part of navigation both onboard and ashore, detection of other vessels or for search and rescue. AIS has strong growth potential as an important part in the future of e-navigation.

Seapilot has quickly taken a prominent position among navigational apps. Seapilot is based on the functionality and design of commercial shipping standards for electronic navigation. Seapilot was the first navigational app to integrate the appreciated functions internet AIS and AIS weather in real time, making Seapilot to one of Sweden's most popular navigation apps.

True Heading and Seapilot manufactures and sells AIS transponders, GPS compasses, marine safety products and navigation systems, etc.

True Heading AB (publ) is also a proud distributor for, HEMISPHERE, OCEAN SIGNAL, SHIP MODULE and VESPER MARINE's products in Sweden.

For more information, go to www.trueheading.se & www.seapilot.com

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