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Hyde, Alandia Engineering Partnership

Maritime Activity Reports, Inc.

March 24, 2009

Hyde Marine, Inc. and Alandia Engineering OY announced the signing of a Letter of Intent (LOI) for Alandia to provide engineering and installation services for the Hyde Guardian ballast water management technology.

The partnership allows Hyde to offer its customers an organization to manage the multi-disciplined task of installing ballast water management systems on existing ships. A formal agreement will be signed during the next few months. Hyde Marine intends to continue this partnership effort to include additional engineering and installation company partners in order to serve customers in all market segments and geographical locations worldwide.

Hyde began developing BWT technology more than ten years ago working closely with regulators, researchers and shippers.  Hyde delivered and installed five ballast treatment systems in 2001-2002, leading up to the delivery of Hyde Guardian systems on the cruise ship Coral Princess in 2003 and the Celebrity Mercury in 2006.  In December 2008, Hyde delivered six Guardian systems to the Royal Navy for their new UK Future Aircraft Carrier (CVF) program.  The M/S Coral Princess, fitted with the Hyde GUARDIAN ballast water treatment system, is the first ship accepted into the US Coast Guard’s Ship Technology Evaluation Program (STEP). IMO Type approval for the GUARDIAN system through the UK Government is expected in early 2009.

Alandia Engineering Group (AE) is an electrical engineering, service and trading company specializing in serving passenger ferry & cruise ships, merchant ships, new building and off-shore customers worldwide. AE offers complete electrical design engineering, project management, installation, and mechanical outfitting services, as well as commissioning and after sales service. Alandia Engineering was founded over 20 years ago and has grown from a one-man firm into an international group of companies. Their staff of skilled engineers and electricians operates worldwide and today the AE Group is represented by its wholly owned subsidiaries in Florida, USA, Tallinn, Estonia, Singapore, and Åland Islands, Finland.

(www.hydemarine.com)

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