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Kittiwake Acquires Procal

Maritime Activity Reports, Inc.

December 8, 2010

Kittiwake Developments today announced the acquisition of Procal, a manufacturer of in-situ, multi component continuous emissions monitoring systems (CEMS). The newly-named Kittiwake Procal can supply CEMS for a very wide range of applications, spanning power generation, marine and offshore, cement, incineration, refineries, paper and pulp, steel, nitric acid and fertilizers. Complying with international standards including EN14181 and US EPA 40 cfr Parts 60 & 75 for the measurement of NO, NO2, SO2, CO, CO2, H2O, the in-situ analyzers monitor and measure emissions accurately and reliably.

 “There are clear synergies between the two businesses,” said Chris Leigh-Jones, Director, Kittiwake Developments. “Like Kittiwake, Procal’s customers span the globe and rely upon products for market-leading testing and analysis solutions across a multitude of different applications. There is no doubt that Procal’s analyzers offer clear advantages over alternative solutions within an expanding and ever-vital market place for reliable emissions monitoring.”

“When I came across Procal while seeking Sulfur Oxide (SOx) emissions data from a passenger ferry, their CEMS was the only one that provided accurate measurements and proved rugged enough to withstand the environmental challenge. You might say, we liked it so much we bought the company!”

Despite the challenging financial climate, Kittiwake Developments has achieved approaching 10 percent growth on last year. The acquisition follows the launch of ThrusterSCAN, a new product for the offshore marketplace, and the appointment of a new CEO for its U.S. operations. Kittiwake continues to explore various expansion strategies to achieve ambitious growth plans, with further significant announcements expected in early 2011.

(Press Release)

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