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Captain Brendan Gray Appointed President of HMDS

Maritime Activity Reports, Inc.

July 13, 2011

Paul C. Jensen, CEO of HALO Maritime Defense Systems (HMDS), announced the appointment of Captain Brendan Gray USN (ret) as President.

Gray, a graduate of the US Naval Academy, served with distinction for thirty years as a Naval Aviator, spending his last five years as the Deputy Commander and Chief Operating Officer for Navy Region Europe. Captain Gray was responsible for the day-to-day operations, security, and force protection of nine Navy bases across five countries in Europe, including the operation of seven ports and six airfields. He deployed the first port security barriers at Navy bases in Europe and established the first European National Incident Management System (NIMS) Compliant Emergency Operations Center. Captain Gray also directed the successful recapitalization of the Navy's European infrastructure, encompassing $1.5B in construction for four bases in Italy, Greece, and Spain over a six-year period.

Most recently, Gray served as Vice President of Operations for Interactive Data Corporation, a provider of financial market data, analytics and related services to financial institutions, active traders, and individual investors. As VP of Operations, he was responsible for the Company's Business Continuity and Disaster Recovery (BC/DR) operations across the globe and operational strategy formulation. As Chief of Staff, for the Chief Operating Officer of IDC, he was responsible for organization alignment, prioritization and cross-functional implementation of all Operations/IT programs and projects.

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