Strategic Restructures to Allow Expansion

February 8, 2002

Strategic Software is restructuring in order to streamline its business services and allow expansion into the ship operating sector. Ownership of VesselOps, the integrated vessel operations and voyage management system developed in close cooperation with the Armada Group, is passing to Softmar Ltd., a dedicated company created by founder and chairman of Strategic software, David Marais. Softmar will work closely with Strategic Software and both companies will continue working from Strategic’s London headquarters. Marais will remain a major shareholder and member of the board of Strategic, the company he founded nearly 20 years ago. Strategic is also a major shareholder in Softmar.

Strategic Restructures to Allow Expansion

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