Triton Ups Presence in U.S. with Launch of Sub-Atlantic in Houston

Triton Group, an emerging global market leader in subsea technology, is ramping up its presence in the US with the launch of Sub-Atlantic Inc. one year on from the acquisition of the UK company.

The group announced it had acquired UK designers and manufacturers of remotely operated technologies, Sub-Atlantic, at OTC in 2007. This year Triton is launching Sub-Atlantic's new $1 million facility in Houston.

The 5,000sq ft center has been established to boost opportunities for Sub-Atlantic in the Gulf of Mexico. As well as a technical store and light manufacturing base, providing the latest in replacement thrusters and components it will, for the first time, give customers access to complete ROV systems from stock with the first system due to be delivered next month (June 2008).

The facility also offers courses on ROV simulation plus training for pilots, technicians and engineers and customer support services.

Located at 10642 West Little York, Sub-Atlantic's premises form part of a 30,000sq ft complex which is also occupied by Triton company Perry Slingsby Systems (PSS) and close to GEMS' premises. Plans are well underway for other companies in the group to open a US presence in the same facility.

The complex currently boasts around 30 staff and anticipates further job creation in the next 12 months.

Triton Group chief executive officer, Martin Anderson, said: "This facility is tangible evidence of our confidence in the strength of the market in North America and the Gulf of Mexico. The marked rise in demand for training and ROV supply has prompted us to put in place a specific market offering to ensure we're meeting that demand in the most effective way for our clients.

"This is an exciting time for everyone in the group. In under eighteen months we have concluded $140 million of acquisitions. These acquisitions have been targeted to complement the existing products within the group and enhance our global capabilities and infrastructure. They ensure our business model is robust and well balanced.

"With this critical mass of companies, we are able to develop products and services that meet real industry needs."

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