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NavSim and Indepth Navigation Form Partnership

Maritime Activity Reports, Inc.

November 6, 2006

A new partnership has been formed between NavSim Technology Inc. and Indepth Navigation to create a PC electronic charting system. NavSim’s software platform is designed to be intuitive, reliable and accurate. Based in St. John’s, Newfoundland, NavSim’s flagship product, BoatCruiser is reputable with recreational boaters worldwide. Realizing that sailors need some extra attention in navigation, NavSim recruited Indepth Navigation, a Nova Scotia company who has developed SailTimer, a unique tacking tool for sailors. ‘BoatCruiser SailBoat Edition’ offers sailors an innovative method to display the optimal sailing angle to predict the most effective tacking routes. BoatCruiser SailBoat Edition is due to be launched at the Toronto International Boat Show in Toronto in January 2007.

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