The confirmed order is in excess of MNOK 13,4 and almost twice the amount announced in the previous release. the water mist solution included in Letter of Intent will be on a separate order and will be announced when received. In addition, the order includes a three year service and maintenance agreement. The main part of the project will be delivered during the third quarter this year.
FPSOs represent an attractive market for Simtronics and the Company has received a number of orders over recent months.

Simtronics ASA's vision is to prevent disasters from happening on the installations where Simtronic products are applied. The company is a world class provider of advanced detection and extinguishing systems for industrial use.

For further information, please contact:
Rune Martini, CEO Telephone +47 4807 8080