UN decision creates business opportunities for Saab TransponderTech

UN decision creates business opportunities
for Saab TransponderTech

The UN's International Maritime Organisation (IMO) has decided to revise
the maritime safety regulations (SOLAS, chapter V). One consequence of
this decision is that the Automatic Identification System (AIS) will
become compulsory equipment aboard the approximately 56 000 vessels
defined within the parameters of the SOLAS regulations.

The new regulations will come into effect as of July 1, 2002. These new
regulations will create substantial business opportunities for Saab
TransponderTech AB, which is the world leader in AIS technology. Even
vessels not subject to SOLAS regulations constitute an interesting
additional potential market.

Furthermore, the infrastructure for ports, rivers and coastal areas will
have to be upgraded to receive data transmitted from AIS transponders.
This data must be efficiently distributed to authorised personnel in a
crisis, as during a sea-rescue operation.

For more than 10 years Saab TransponderTech has designed, developed and
marketed transponders for Maritime and Aviation applications. To date
Saab TransponderTech has delivered more than 500 transponders to
domestic and international customers. Saab TransponderTech has a close
co-operation with the Swedish Maritime Administration, and also
participates in international standardisation activities governed by IMO.

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: guhö@infomatics.saab.se Mobil: 070-325 53 70
Fax:08-580 872 16

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