Simtronics Snags LOI to Deliver Equipment Offshore North Sea

Simtronics ASA has received a Letter of Intent for delivery of offshore field equipment to a North Sea offshore project.

The final contract party and project will be disclosed later. The value of the LOI is in excess of NOK 7 million. Deliveries will take place during Q1 2009, and the work will be executed by the Simtronics' subsidiary Water Mist Engineering AS.