SCS Announces Norwegian Subsidiary

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14 August 2006

Solent Composite Systems Ltd (SCS) based in East Cowes of Wight announced this week the incorporation of SCS Norway Ltd registered in the United Kingdom.

The new company has been set up to facilitate further expansion of SCS rapidly growing business in Norway, which in the last 18 months has contributed to a large surge in revenues and consequent additional resources, both people and premises. SCS has opened two new facilities on the IOW and has doubled the workforce.

Plans in the coming months include setting up a branch office in Stavanger, the appointment of a Norwegian agent, and partnering with an assembly company at one of Norway's many coastal bases serving the offshore installations of the Norwegian continental shelf

In today's market where energy resources are increasingly critical, SCS has been playing a partnership role in assisting all energy producers - oil, gas, wind and tidal, to improve performance and safety, whilst reducing costs and in so doing accelerate the attractiveness of composites as a sustainable engineered solution for energy sources worldwide. The philosophy of high performance composite engineering in very demanding environments has helped SCS develop systems with world class safety and quality that fully satisfy these most stringent requirements.

The Company's ProTek™ PFP has been used extensively in several rigs in the North Sea and most recently was specified for Statoil's Melkøya LNG plant in Hammerfest for fire jet fire and blast protection. It is expected that several more success for SCS ProTek will be announced in the coming months.

The Company's other main energy focus is in the burgeoning Renewable energy sector - wind, tidal stream and most recently micro-generation. For example, use of the SmartMould™ manufacturing system can significantly impact on driving down turbine blade costs both in process and capital investment especially in high output blade plants


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