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Transas, SevenCs Sign Agreement

Maritime Activity Reports, Inc.

June 23, 2004

Transas and SevenCs have signed a cooperation agreement based on the implementation of the Transas chart toolkit into the SevenCs EC2007 ECDIS Kernel Software. SevenCs Kernel user will have full access to the complete Transas World database in TX 97 format in addition to the other already embedded data formats. The chart distribution will be carried out by ChartWorld, a SevenCs owned company, and by all Transas companies worldwide. In accordance with the agreement ChartWorld will distribute the TX97 Data to the SevenCs OEM partners, and their customers. Charts and permits can fully obtained online.
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