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Telaurus Wins Tidewater Contract

Maritime Activity Reports, Inc.

October 1, 2003

Telaurus Communications LLC of Cedar Knolls, N.J., has been awarded a two-year contract to provide Tidewater Inc. with Telaurus Communications’ se@COMM family of communications solutions software, voice and data services for Tidewater’s world-wide fleet of offshore oilfield supply vessels. “Tidewater was approached by virtually all Iridium Tier 1 Providers but chose Telaurus based on pricing and the software assists the se@COMM products enable. After exhaustive testing with competing product offerings, Telaurus pricing and software performance proved to be the winning combination for Tidewater”, said Bo Wiggins, Director of Information Technology at Tidewater Inc. Telaurus has already begun installing their se@COMM system on both Iridium and Inmarsat equipped Tidewater vessels in the Gulf of Mexico with vessels in other regions to soon follow. “We are delighted to have this opportunity to assist Tidewater maximize their communications efficiencies throughout their fleet worldwide”, commented Doug Olsen, Telaurus’ VP Sales for the Americas, “by working together we are developing additional innovative features and benefits to meet Tidewater’s specific operational requirements”.

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