SeaMetric International Appoints CFO

SeaMetric International AS has appointed Georg Eliassen (44) as Chief Financial Officer.

Georg Eliassen holds a Master of Business Administration (MBA) in Finance from the Norwegian School of Economics and Business Administration (NHH) in Bergen. He is a Certified Financial Analyst (AFA) from NHH and the Norwegian Society of Financial Analysts. He also has an Advanced Studies Certificate from the Institute of World Economics in Kiel.

Georg Eliassen joins SeaMetric International AS from the position as financial coordinator of Statoil's Pension Fund, a position he has held since 2003. He has previous extensive financial management experience from the shipping companies Navion ASA (1998-2003) and Det Stavangerske Dampskibsselskab ASA (1991-1998), and has also performed financial market operations for Norges Bank, the Central Bank of Norway (1988-1991).

Georg Eliassen will take up his position as CFO of SeaMetric International AS on November 1, 2007.

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