Page 21: of Marine Technology Magazine (January 2011)

Marine Salvage & Recovery

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We also see a substantial opportunity related to both ter- rorism and piracy in the use of our technology to secure facilities, ships, and such. Security has been a very signif- icant business in the world, including coast surveillance, port security, and shipboard security. Additionally, the environmental concerns and the recent Deep Horizon event will certainly impact the technologies for oil spill remediation and management.

What do you consider to be the biggest challenges to your company in terms of technical matters?

In terms of technical matters, our biggest challenge is keeping our company technologically ahead in the areas we're involved in. We are the leader in the radar based ice navigation and oil spill detection business. As the markets quickly grow, we fully expect competition to come in.

Our challenge is to continue enhancing our offerings to maintain our leaderships in these areas of business. www.seadiscovery.com Marine Technology Reporter 21

We took Rutter in its infancy to making it a well-known and respected company in the marine business. We were a small

Canadian company growing from virtually nothing, and now we are well recognized by the industry. I think this is a significant accomplishment.

Marine Technology

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.