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Moran Selects Veson Nautical IMOS

Maritime Activity Reports, Inc.

June 28, 2006

Veson Nautical, a maritime software developer, announced that its Integrated Maritime Operations System (IMOS) has been selected by Moran Towing Corporation of New Canaan, Ct. Moran will utilize Veson’s solution to organize and manage commercial marine operations for its Dry Bulk and Petroleum Divisions onto one centralized, user-friendly platform. Moran will install the full suite of IMOS modules and will also be upgrading to Microsoft’s Navision v4.01. The new system is expected to be up and running by mid-to-late September 2006.

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