In accordance with statement sent to Oslo Stock Exchange 30 April 2007, TTS has signed an agreement to purchase all shares of the company Sense EDM AB based on take-over within 25 May 2007.
The drilling technology company Sense EDM AS has signed a letter of intent regarding delivery of a larger offshore drill package. The contract might be signed within a month.
Bergen 09 May 2007
Contact persons:
President & CEO Johannes D. Neteland, TTS Marine ASA
Tel:+47 55 94 74 02 Mobile: +47 918 46 906
E-post: johannes.neteland@tts-marine.no
Managing Director Tom Fedog, Sense EDM AS
Tel: +47 38 00 05 70 Mobile: +47 91 56 62 62
E-post: tom.fedog@sense-edm.com