BlueView Secures Integration Agreement with Ageotec
News Release
BlueView Technologies, Inc.
January 27, 2012
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<DIV>
<P style="MARGIN: 6pt 0in 0pt 1.5in; tab-stops: 1.5in" class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-family: Arial">Seattle,
Washington, January 24, 2012 – BlueView Technologies, the world leader in
compact acoustic imaging and measurement technology, and </SPAN><STRONG><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; FONT-WEIGHT: normal; mso-bidi-font-weight: bold">Ageotec</SPAN></STRONG><SPAN
class=apple-converted-space><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt">,
</SPAN></SPAN><SPAN class=apple-style-span><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt">an
Italian Company operating in the field of underwater and oceanographic
technologies </SPAN></SPAN><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-family: Arial">signed
a Systems Integrator Agreement that enables Ageotec to re-sell BlueView 2D and
3D products on Ageotec Remotely Operated Vehicles (ROVs). </SPAN><STRONG><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; FONT-WEIGHT: normal; mso-bidi-font-weight: bold">Ageotec</SPAN></STRONG><SPAN
class=apple-style-span><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt">’s
main reference markets are connected to oil and gas-offshore, environmental
engineering, underwater and marine building, development and production of
subsea robotics, probes, science research and security in the marine field.
BlueView’s compact, real-time multibeam imaging sonar will expand Ageotec’s
capabilities in low and zero visibility conditions.</SPAN></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><?xml:namespace
prefix = o ns = "urn:schemas-microsoft-com:office:office"
/><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P><BR
style="mso-ignore: vglayout" clear=all>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial">“Many
of our offshore oil and gas customer are familiar with BlueView 2D Multibeam
Imaging Sonar for low and zero visibility conditions. We plan to add value for
these customers who need to use our ROVs in very hard conditions where only
Blueview 2D multibeam systems are able to support them” said Vincenzo Mauro,
Ageotec Managing Director.<o:p></o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial">“Ageotec’s
wide range of ROVs enables them to meet a wide variety of customer needs which
aligns perfectly with BlueView, having the largest selection of 2D Mulitbeam
Imaging Sonar - creating perfectly matched systems to meet specific customer
applications,” said Beto Campos, BlueView Director of Global Commercial Sales
& Business Development.<o:p></o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial">BlueView
is the leader in 2D imaging and 3D scanning sonar technology with more than 500
installed systems worldwide. BlueView Technologies’ advanced sonar systems are
currently deployed on AUVs, ROVs, surface vessels, fixed positions, and portable
tripods, and have been adopted by leading manufacturers and service providers to
support mission critical operations. BlueView customers enjoy a low cost of
ownership with reliable operation, exceptional service, in-person training,
extensive online information, and worldwide after-sale
support.<o:p></o:p></SPAN></P>
<P style="MARGIN: 5pt 0in 5pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.19170"></HEAD>
<BODY>
<DIV>
<P style="MARGIN: 6pt 0in 0pt 1.5in; tab-stops: 1.5in" class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-family: Arial">Seattle,
Washington, January 24, 2012 – BlueView Technologies, the world leader in
compact acoustic imaging and measurement technology, and </SPAN><STRONG><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; FONT-WEIGHT: normal; mso-bidi-font-weight: bold">Ageotec</SPAN></STRONG><SPAN
class=apple-converted-space><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt">,
</SPAN></SPAN><SPAN class=apple-style-span><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt">an
Italian Company operating in the field of underwater and oceanographic
technologies </SPAN></SPAN><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 9pt; mso-bidi-font-family: Arial">signed
a Systems Integrator Agreement that enables Ageotec to re-sell BlueView 2D and
3D products on Ageotec Remotely Operated Vehicles (ROVs). </SPAN><STRONG><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; FONT-WEIGHT: normal; mso-bidi-font-weight: bold">Ageotec</SPAN></STRONG><SPAN
class=apple-style-span><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt">’s
main reference markets are connected to oil and gas-offshore, environmental
engineering, underwater and marine building, development and production of
subsea robotics, probes, science research and security in the marine field.
BlueView’s compact, real-time multibeam imaging sonar will expand Ageotec’s
capabilities in low and zero visibility conditions.</SPAN></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><?xml:namespace
prefix = o ns = "urn:schemas-microsoft-com:office:office"
/><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P><BR
style="mso-ignore: vglayout" clear=all>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial">“Many
of our offshore oil and gas customer are familiar with BlueView 2D Multibeam
Imaging Sonar for low and zero visibility conditions. We plan to add value for
these customers who need to use our ROVs in very hard conditions where only
Blueview 2D multibeam systems are able to support them” said Vincenzo Mauro,
Ageotec Managing Director.<o:p></o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial">“Ageotec’s
wide range of ROVs enables them to meet a wide variety of customer needs which
aligns perfectly with BlueView, having the largest selection of 2D Mulitbeam
Imaging Sonar - creating perfectly matched systems to meet specific customer
applications,” said Beto Campos, BlueView Director of Global Commercial Sales
& Business Development.<o:p></o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P>
<P style="MARGIN: 0in 0in 0pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial">BlueView
is the leader in 2D imaging and 3D scanning sonar technology with more than 500
installed systems worldwide. BlueView Technologies’ advanced sonar systems are
currently deployed on AUVs, ROVs, surface vessels, fixed positions, and portable
tripods, and have been adopted by leading manufacturers and service providers to
support mission critical operations. BlueView customers enjoy a low cost of
ownership with reliable operation, exceptional service, in-person training,
extensive online information, and worldwide after-sale
support.<o:p></o:p></SPAN></P>
<P style="MARGIN: 5pt 0in 5pt 1.5in; mso-layout-grid-align: none"
class=MsoNormal><SPAN
style="FONT-FAMILY: Verdana; LETTER-SPACING: -0.3pt; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial"><o:p> </o:p></SPAN></P></DIV></BODY></HTML>