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ARL, FDS Formalize Relationship

Maritime Activity Reports, Inc.

April 1, 2004

Albacore Research Ltd. (ARL) and Australia’s Formation Design Systems (FDS) announced that FDS has become an official dealer of ShipConstructor, ARL’s 3D Product Modeling tool for ships and offshore structures of all sizes and complexities. Rolf G. Oetter, President of ARL, and Philip Christensen, Managing Director of FDS, say that this decision developed as a result of an already-established successful business relationship between the two companies.

Mr Christensen explains, “Formation Design Systems currently supplies initial design software to a large number of naval architects and shipbuilders in the Asian and Australian regions. We believe the detailing capabilities of ShipConstructor will be an ideal additional tool to help improve productivity in the industry.”

FDS will sell and support the ShipConstructor product range as ARL’s dealer for Australia, New Zealand and South East Asia, and through the FDS dealer network world-wide. This will include providing training to naval architects and ship builders.

FDS and ARL have enjoyed a successful business alliance since 2003, when the two companies initiated the interface between ARL’s ShipConstructor and FDS’ Maxsurf suite of naval and ship construction software with the objective to provide a complete end-to-end solution for ship design, detailing, and production to naval architects, designers, and shipyards.

“Formation Design Systems has done an excellent job creating an interface from their Workshop product to our ShipConstructor system, enabling designers to get a quick start on classification drawings and quick weight and CG calculations” says Rolf Oetter, President of ARL.

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