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Kongsberg, Maersk Supply Extend Simulation Agreement

Maritime Activity Reports, Inc.

February 19, 2008

Kongsberg Maritime Simulation & Training and Maersk Supply Service entered into an agreement to further develop the existing cooperation in simulator development between the two companies.

The focus of the agreement will be the development of a unique anchor handling simulator, which will use the technology and experience the two companies have gained over 10 years of collaboration in the field of marine simulation.

"The anchor handling simulator software must be developed to meet some very specific needs so by extending our co-operation agreement we can be sure that our requirements for a flexible and scalable solution are met, in what is a very sophisticated simulation product," said Albertus Zwiers, Director Technical Vessel Operations, Maersk Supply Service.

The anchor handling simulator's first installation is expected Q4 2008. Once in place, it will provide Maersk Supply Service with a unique tool to develop its anchor handling training program and will strengthen the company's position as a leading supplier of anchor handling training and vessel operations.

"For Kongsberg Maritime this represents an important step to broaden our product portfolio within offshore applications. Complexity is increasing and the market needs applications that reduce ship and crew downtime to a minimum whilst improving safety at the same time," says Lars Erik Hilsen CEO Kongsberg Simulation

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