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OSI Awarded $1.2M Contract with Royal Australian Navy

Maritime Activity Reports, Inc.

November 15, 2005

Offshore Systems International Ltd. has been awarded a $1.2 million contract to supply the Royal Australian Navy with immediate delivery of OSI's most advanced electronic warship navigation systems ('WECDIS'). This is a follow-on order to the $8 million subcontract OSI signed with its teaming partner, Nautronix, in March 2004 when OSI became fleet supplier to the Royal Australian Navy for electronic chart navigation systems.

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