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MEDIA RELEASE

ODIM Wins Contract to Develop and Produce Towed Array Handling Systems for the US Navy’s DDG-51 Flight IIA Destroyers
PETERBOROUGH, ONTARIO - August 25, 2009 – ODIM Spectrum Ltd., a leading undersea sensor handling system provider for naval air and shipboard applications, today announced it has been awarded an initial phase $5.1M (USD) contract for the design, build, test, and delivery of a pre-production Multi-Function Towed Array Handling and Stowage System (MFTA) for the U.S. Navy’s DDG-51 Flight IIA destroyers. Follow-on options include production systems for more than 20 systems valued at about $38 Million, with production options scheduled to be exercised in 2010. The award is from the U.S. Naval Undersea Warfare Center, Newport, RI.
In the initial program phase, ODIM will develop a modernized system to handle the MFTA, and the handling systems are a critical element to the overall AN/SQQ-89A(V)15 ASW Combat System modernization for the DDG-51 Flight IIA’s. The design leverages existing components from the current ship-fit in order to minimize cost and ship modifications, and utilizes new design components to address obsolescence and enhance operational performance and maintainability.
“We are extremely proud to be selected by the U.S. Navy for this important program. This is a major win for our company, and we were up against a number of highly regarded international competitors”, remarked Andrew Roy, President of ODIM Spectrum. "We have been worked closely with NUWC over the past several years and have developed several innovative and cost-effective H&SG solutions for the USN for both surface ship and airborne applications”.
"This contract reaffirms ODIM as a global leader in sonar handling systems for Canada, the U.S. and a number of international clients”, Gordon Fleming, Vice President Business Development for ODIM Spectrum noted, “This was a challenging bid that brought all of ODIM’s strengths to bear, and it demonstrates the success of our strategy to apply innovative mechanical designs and control technologies that optimize value and flexibility for our naval customers.”
ODIM Spectrum develops and supplies advanced systems and services to a wide range of naval air and shipborne applications. Examples include:
  • Towed array handling systems for USN’s DDG-1000 destroyer
  • Dipping sonar reeling machines for the Canadian Cyclone helicopter
  • Airborne MCM winches for the USN’s MH-60S helicopter
  • Launch and recovery systems for the USN mine neutralization system
  • Surface ship torpedo defence winch and handling systems for the navies of Australia, Canada, Turkey, U.K. and U.S.
  • Low frequency active/passive sonar handling systems for Singapore navy
  • Handling system for tow cable maintenance and replacement operations for onboard helicopters and Remote Minehunting System aboard USN’s Littoral Combat Ships
  • USV and AUV launch, recovery, fuelling, and sensor handling systems
  • In-service support for Canadian Navy’s ASW mechanical systems
"This contract will expand our workforce and production facilities in Peterborough by approximately 20%, and continue to highlight the capability and strength of our vendors in the region”, confirmed Roy. “ODIM has been an important employer in Peterborough and we look forward to the positive impact this will have on the local economy”.

About ODIM
Headquartered in Haried, Norway, ODIM (www.odim.com) is a global technology group that engineers and produces advanced and complete automated handling solutions in the offshore oil & gas, naval, and nuclear power generation markets.
Operations in North America are consolidated under ODIM Inc., and its subsidiaries include ODIM Spectrum Ltd. (Peterborough, Canada), ODIM Brooke Ocean (Halifax, Canada), and ODIM Numet Ltd. (Peterborough, Canada).

For further information about this media release, please contact:
ODIM Spectrum Ltd.
Gordon Fleming
Vice President Business Development
597 The Queensway, Peterborough
Ontario, Canada, K9J 7J6
gfleming@odimspectrum.com
Office: 705-743-9249 Ext. 296
Cell: 705-313-2910
www.odiminc.com