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ABS Announces Executive Appointments

Maritime Activity Reports, Inc.

November 30, 2001

The ABS Board of Directors announces executive appointments. Effective January 1, 2002 the following staff will assume new leadership positions: Robert J. Bauerle, Senior Vice President & Chief Financial Officer; Gary A. Latin, Senior Vice President & Chief Information Officer; Dr. Donald Liu, Executive Vice President & Chief Technology Officer; and Vincent F. Roth, Senior Vice President & Chief of Staff

ABS promoted James C. Card to Senior Vice President, Technology. Card will assume the overall management responsibilities of ABS' global technology and research team. The board also approved the election of William J. Sember to a new corporate officer position of Vice President, Offshore Development. Sember is currently serving as Vice President Technology & Business Development, ABS Europe. He will relocate to ABS Worldwide Headquarters in Houston, Texas.

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