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Saab TransponderTech recieves order from Lockheed Martin

Saab TransponderTech receives Automatic Identification System order from Lockheed Martin Saab TransponderTech AB, in partnership with Canada's International Communications & Navigation Limited (ICAN), has received an order from Lockheed Martin Overseas Corporation to supply Automatic Identification Systems (AIS) for onward delivery to Greece and Turkey. Lockheed Martin selected Saab and ICAN as AIS-partners for this project after a long evaluation process. The order, estimated to be worth approximately SEK 10 million, derives from last week's UN decision to revise maritime safety regulations. AIS delivers vessel position and related information from ship to ship and from ship to shore. It is designed to provide collision avoidance capability on the ship's bridge and to augment vessel traffic management systems. Ships will carry a transponder that broadcasts the ship's identity, position, speed, course, and other information to all other AIS users within VHF Radio range. The International Maritime Organization (IMO) will require all SOLAS class ships built after July 2002 to carry one of these transponders and carriage requirements for all other ships in this category will be phased in over the subsequent six years. Saab TransponderTech AB is the world's most advanced developer of AIS transponders, and has over 500 AIS transponders in service today including a system that covers the entire Swedish coastline. ICAN develops and integrates ECS software addressing the needs of maritime professionals for navigation, hydrographic surveying, buoy tending and radar overlay, as well as AIS. ICAN has over 120 Regulus and Aldebaran systems in service around the world. ICAN and Saab have been working together for over two years to develop the AIS market, and have delivered AIS technology for two Canadian Coast Guard trials. The Greek and Turkish projects represent a significant leap forward in the adoption of a technology aimed at increasing human safety and environmental protection. Saab is northern Europe's leading high technology company, mainly active in the defense, aviation and space industry, and offers advanced products and systems based on sophisticated information technology. The business areas within Saab are Infomatics, Aerospace, Dynamics, Technical Support and Services, Space and Aviation Services. For further information, please contact: Lars Bergholtz, President Tel:013-18 19 58 e-mail: Mobil: 070-889 45 30 Fax:013-18 23 77 Guy Hörnfeldt, Director of Communications and PR Tel:08-580 853 70 e-mail: Mobil: 070-325 53 70 Fax:08-580 872 16 ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download: