C&C, Kongsberg Maritime Sign Agreement

June 3, 2004

Kongsberg Maritime, Inc., USA and Kongsberg Maritime, Norway have signed an agreement with C & C Technologies, Inc. for the sales and support of Hugin Autonomous Underwater Vehicles to the U.S. Government. C&C will complement Kongsberg’s existing U.S. capacity with additional support facilities, technical expertise, and operational experience obtained during three years and over 18,000 miles of commercial AUV mapping. In addition, C & C will work jointly with Kongsberg to develop Hugin variants to address the evolving needs of the U.S. Government. The alliance will focus upon sustaining the U.S. Naval dominance by the introduction of such innovative products as the Military Version Hugin 1000 AUV.

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