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SCCT to Implement TOPS System

Maritime Activity Reports, Inc.

February 3, 2004

Global Transportation Solutions has been selected by the Suez Canal Container Terminal S.A.E. (SCCT) to implement the TOPS Terminal Operations Productivity Solution at the new, state-of-the-art container terminal in Port Said, Egypt. The multi-year agreement includes implementation of TOPS, ongoing systems support, project management and training. SCCT has selected GTS to support its mission to develop the leading container hub in the Eastern Mediterranean at Port Said East on the newly dredged Eastern bypass of the Suez Canal. The SCCT project is one of the most significant port development efforts in the world and will result in the creation of a state-of-the-art 600,000-square-meter container terminal with annual throughput capacity of 2.6 million TEU. The quay length is 1,200 meters. When fully developed, SCCT will operate the terminal with 12 Super Post-Panamax cranes, 36 RTGs and on-dock rail capabilities. SCCT is on-schedule to begin operations in October 2004. GTS won the bid to provide the terminal operating system over several other vendors. "GTS is uniquely qualified to support development of the world-class, state-of-the-art Suez Canal Container Terminal at Port Said," said Philip Littlejohn, Managing Director of SCCT. "Our mission is to create the premier container hub in the Eastern Mediterranean using the latest terminal operating systems and equipment. GTS will provide an end-to-end technology solution with the very latest in terminal management software that will address our unique requirements and help us reach our very high productivity targets. Also in our consideration was our confidence in the GTS staff of experts to fully support the implementation, training and development of the product."

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