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ABS Nautical Signs 30 New Contracts, Doubles Staff

Maritime Activity Reports, Inc.

January 13, 2010

ABS Nautical Systems, provider of integrated fleet management software for the maritime industry, announced it has experienced record growth in the second half of 2009.

During that period, which began with the launch of the Newbuild Program, ABS Nautical Systems has expanded their business by signing 30 new contracts in just 26 weeks. ABS Nautical Systems expects to continue its momentum and forecasts even stronger growth in 2010.

“By integrating our ship maintenance software with the classification and survey requirements of ABS, we will have the ability to streamline the owners’ inspection process and move towards developing a more standardized, class-approved maintenance program,” said Karen Hughey, President and COO of ABS Nautical Systems. “The tremendous success of the Newbuild Program has prompted us to double our customer support staff and develop expanded offerings to provide greater value for our customers.”

One of the first class-integrated, fleet maintenance solutions, the Newbuild Program offers free hull inspection, web-based drawings management and maintenance management software to all ABS-classed vessels built after January 1, 2009.  One-third of the new contracts signed have come from existing customers.

The Hull Inspection, Maintenance & Repair and Web-based Drawings modules included with the Newbuild Program are pre-loaded with the technical data specific to the newly built vessel.  All three software modules are also available through NS5, ABS Nautical Systems’ current suite of products.  Companies who transfer their vessels’ classification needs to ABS may also be eligible to enroll in the Newbuild Program.

(www.abs-ns.com)

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