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: lars.bergholtz@transpondertech.se Mobil: 070-889 45 30
Fax:013-18 23 77
Guy Hörnfeldt,
Director of Communications and PR Tel:08-580 853 70
e-mail: guhoe@infomatics.saab.se Mobil: 070-325 53 70
Fax:08-580 872 16
www.saab.se

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