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Transas Forms New Hydrographic Team

Maritime Activity Reports, Inc.

April 13, 2000

A new team has been elected to focus on Hydrographic Office (HO) Issues on behalf of TM Ltd. Headed by Vladimir Vaigachev, who is also responsible for all in-house production of vector electronic charts in the Transas proprietary TX-97 format, the new structure is a formidable step for the company, who continues to provides the chart data required to support marketing activities of products through many of the world's Hydrographic offices.

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