ST. JOHN'S, Canada, October 14, 2010 /PRNewswire/ -- Canadian based Rutter Technologies, a division of Rutter Inc. , and its Norwegian partner, Aptomar AS, are announcing orders for six Integrated Oil Spill Response and Management Systems. This comes on the heels of the recent certification of the technology by the Norwegian Clean Seas Association (NOFO) following the conclusion of trials in June.
The Integrated Oil Spill Response and Management System provides operators with real-time information about the volume and thickest areas of an oil slick in order to maximize recovery efforts. It combines Rutter's Sigma S6 radar processor and display with the Aptomar SECurus system. This integration gives the operator the ability make immediate decisions on oil slick detection both onboard vessels and onshore. President and CEO of Rutter Inc., Fraser Edison, says the combined value of these orders to Rutter and Aptomar is $2.0 million (US) and these significant purchases by industry players in Brazil, Norway and Denmark are indicative of the level of confidence in the integrated technology system.
Three systems have been purchased by Edison Chouest Offshore LLC to be deployed on three vessels operating in Brazil in support of Petrobras, the Brazilian oil company. The Rutter/Aptomar integrated system meets the Petrobras' standard for oil spill detection and relative thickness measurements. A fourth system has been ordered by Rederi AB TransAtlantic and will be deployed off Norway on a vessel in support of Statoil operations. In addition to these orders, the Rutter/Aptomar integrated system will also be leased to the Danish shipping company, Esvagt, for two vessels supporting Statoil operations off the coast of Egypt.
About Rutter Inc. - Rutter is an enterprise focused on providing innovative technologies and engineering solutions. Rutter's global network supplies technologies to improve efficiency and safety in the marine, defense, transportation, oil and gas sectors from its headquarters in the Province of Newfoundland and Labrador. Multidisciplinary consulting engineering services including civil, structural, mechanical and electrical engineering as well as environmental and construction management services are provided to a diverse client base which includes all levels of government and the oil and gas and industrial sectors. For more information go to: http://www.rutter.ca
About Aptomar - The Company develops and produces maritime safety and navigation tools for situation awareness and tactical collaboration during high risk maritime operations. Its main areas of application are oil spill recovery and management, search and rescue, surveillance and vessel navigation aid, both at sea and on land. Aptomar has become a world leader and a pioneer in collection, transmission and presentation of data between vessels, offshore installations and land, for use in operation management, emergency response and post-operation documentation. Its solutions and services have made Aptomar an international market leader in its chosen segment. For more information go to: http://www.aptomar.com.
Forward-Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These statements reflect current expectations and are subject to a number of risks and uncertainties including but not limited to, change in technology and general market conditions. Due to the many risks and uncertainties, Rutter Inc. cannot assure that forward-looking statements that may be contained in this press release will be realized.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: For Investor information please contact: Fraser Edison President and CEO Rutter Technologies Tel: +1-709-748-7105 fedison@rutter.ca For Media Inquiries please contact: Carla Foote Strategic Communications Tel: +1-709-753-0794 Cell: +1-709-682-2292 cfoote@pilotcom.ca
SOURCE: Rutter Technologies
CONTACT: For further information: For Investor information please contact:Fraser Edison, President and CEO, Rutter Technologies, Tel:+1-709-748-7105, fedison@rutter.ca; For Media Inquiries please contact:Carla Foote, Strategic Communications, Tel +1-709-753-0794, Cell+1-709-682-2292, cfoote@pilotcom.ca
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