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OSL Forms Ballast Systems Alliance

Maritime Activity Reports, Inc.

September 9, 1999

OSL Offshore Systems & Deck Machinery has formed a business alliance to manufacture and supply turnkey ballast systems for offshore drilling and production rigs. The alliance partners of OSL Offshore Systems, Rotork Controls, FloTec and W&O forms a comprehensive organization that services the offshore industry with each group's strengths as leaders for process valves and value automation, integrated PLC controls and hydraulic power. The designs use proven technology that is superior to any system - technically speaking. The system continuously monitors the operational state of each of the valves as well as the overall system in real time, and is constructed to comply with all the latest certification requirements.

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