Offshore Systems Secures First ACT Contract

(Vancouver, Canada, February, 2008) -- Offshore Systems Ltd. has signed its first contract to deliver Asset Control and Tracking (ACT) systems to a Canadian Navy Port Security Unit. ACT is a versatile and fully scalable solution based on terrestrial communications designed to provide military, other government departments and maritime security operations the ability to track a wide range of assets.

ACT is an effective command and control solution that can be deployed on land, air or sea based assets. The system is designed to address the unique demands of operating scenarios such as Riverine Warfare, Maritime Interdiction Operations, Amphibious Operations, General Boarding Operations and Port Security Operations.

"We are very excited about the market potential for this new product and I am pleased that our first customer is the Canadian Navy. I am confident that we will generate substantial business from this new product in 2008 ", says Ken Kirkpatrick, President and CEO of OSI Geospatial, Offshore Systems' parent company. "This product provides our company with significant opportunity both to expand our business with existing customers and to expand into the port security market".

Source : Offshore Systems Ltd.

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