ROVworld Subsea Information

Perry Slingsby receives contract from Geoconsult for 1 additional ROV system
Date: Wednesday, January 18, 2006 @ 09:32:12 EST

Perry Slingsby Systems Perry Slingsby Systems receives a contract from Geoconsult AS for one additional Triton® XLS 150hp Advanced Workclass ROV system

Perry Slingsby Systems (PSS), an international provider of remote intervention technologies and equipment systems, is pleased to announce that Geoconsult AS has recently exercised their purchase option for one additional 150HP Triton® XLS system. Triton® XLS18 will be the fourth in a series of systems scheduled for delivery in 2006. Triton® XLS18 will include an advanced high - specification survey capability and enhanced thrust output. The system will be configured as a mobile system and is scheduled for delivery early Q3 2006.

Martin Anderson, Managing Director and CEO, Perry Slingsby Systems, commented ”We are very
pleased that Geofjord Shipping AS has once again chosen Perry Slingsby Systems to provide the
solution to their remote intervention needs. This contract further confirms the success of our stock building strategy whereby we can deliver customized high specification systems within 12-16 weeks from date of order as opposed to 24 weeks”.

January 17, 2005

Perry Slingsby Systems

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