Perry Slingsby - Press Release - December 9, 2005

Perry Slingsby Systems to provide a Triton® XLS 150HP system to Onyx Special Services

Perry Slingsby Systems (PSS), an international supplier of remote intervention technologies and equipment systems, is pleased to announce that Onyx Special Services has recently purchased Triton® XLS17. Triton® XLS17 is the first XLS 150HP system utilizing the new optimized high output 15” thrusters. In May 2006 the Triton® XLS17 will be installed onto the recently acquired vessel Kingfisher and will be used for ROV services in the Gulf of Mexico.

Martin Anderson, Managing Director and CEO, Perry Slingsby Systems, commented “We are very pleased to be supporting Onyx Special Services in meeting their ROV fleet expansion needs. The incorporation of the optimized 15” thrusters into the propulsion system of the Triton® XLS, makes full advantage of 150 horsepower available”.

Perry Slingsby Systems, a member of the Technip Group, is an internationally recognized provider of remote intervention technologies and equipment systems. Perry Slingsby Systems focuses on six principal Business Lines: Remotely Operated Vehicles (ROVs), Trenchers and Robotics; Standard and Bespoke Tooling Systems; Support Services; Defense; Process and Control Products; Geotechnical and Seabed Systems. For nearly 50 years, from facilities in the US and in the UK, sales offices and agents around the world, Perry Slingsby Systems has solved customers' remote intervention challenges with design and engineering innovations that have become the benchmark for reliability and cost efficiency.
For further information, please contact:

USA: PERRY SLINGSBY SYSTEMS, INC.
Natasha Trenorden - Business Planning & Marketing Systems
pssi@us.perrymail.com

821 Jupiter Park Drive, Jupiter, FL 33458
Tel: 561-743-7000
Fax: 561-743-1313
Internet: http://www.perryslingsbysystems.com